The End of the K Shaped Economy? Not So Fast Scott Bessent's assertion that the K shaped economy is over has been met with skepticism from economists and data analysts.
While he may be "sick of hearing about" this phenomenon, Treasury data tells a different story. In fact, it suggests that the K shaped economy remains stubbornly intact. Bessent's claim that U. S.
households are now in a C shaped economy is based on Treasury data showing a 2% real wage gain for the bottom 25% of workers over a specific period – the first five months of Trump's presidency.