Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
Business1 source1 country🔦 Under-reported36m ago
Treasury Secretary Bessent has declared that the widening economic gap between the rich and poor is "dead," asserting that the K-shaped economy no longer exists.
The declaration was made despite existing data that points to the contrary, according to reporting on the official's recent statements.
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NYT BusinessContradicts the official's claim by highlighting data pointing to ongoing inequality.