Nytimes iconNytimesAug 6, 2026

Bessent Declares Widening Gap Between Rich and Poor ‘Dead’

Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.

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Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.

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Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.

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