Robert Reich Fires Back at Trump Admin —Exposing Huge Flaw in the Economy

Scott Bessent Is Dead Wrong on the K-Shaped Economy—And I'm Right

An open letter to Trump's Treasury Secretary, whose economic analysis is, frankly... shite.

Robert Reich fires back at Trump admin —exposing huge flaw in the economy

Dear Scott (if I may).I’ve argued that the K-shaped economy — a term used to describe growing inequality between high- and low-income households — can be seen in sales of McDonald’s burgers, whose lower- and middle-income customers fell by double digits in the first quarter of 2025 as they struggled with affordability.Last Monday, you criticized me, arguing that McDonald’s problems are instead due to competition from rivals like Burger King. Tre…

An Open Letter to Scott Bessent: Why You're Wrong and I'm Right

But you're the one with power, so your error is dangerous