What Is the K-Shaped Economy?

The Senate passed a deal last night to end the record-setting government shutdown. But that hasn’t yet translated into relief for the beleaguered air travel industry, which has seen thousands of canceled flights in response to air traffic controller shortages. Plus, we talk with economist Peter Atwater, one of the economic researchers who first helped popularize the “K-Shaped” economy concept, about inequality in post-pandemic America.