The US economy is essentially being held together by increased funding from wealthy people, people who already have money to spend. This is causing companies, to cater exclusively to these customers, creating a K shaped economy.
A K-shaped economy describes an economic recovery where different groups or industries experience vastly different outcomes – some thrive and grow, while others struggle or decline. This term was intended to highlight the widening economic inequality during periods of recovery or downturn. It fits the saying, “the rich get richer and the poor get poorer.”