How long can a divided economy stand? | Shirley Leung and Larry Edelman

Far from a leveler, the coronavirus pandemic has exacerbated America’s already grotesque wealth gap. The rich have gotten richer — much richer in some cases. The poor are being squeezed from all sides. And so a longstanding question has taken on new urgency: How long can our divided economy stand?

Five months into the sharpest downturn on record, white-collar jobs have essentially recovered, while employment for the lowest-wage workers has declined 14 percent since January as thousands of temporary layoffs are being extended or have been made permanent.

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