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This is John Batchel, a conversation with colleague Jim McTague about the K-shaped economy.

Jim explained the upper leg of the K, doing very well, spending lots of money, keeping the American consumer numbers very

positive. At the same time, the lower leg of the K is struggling. Who are they? Where do they shop?

What evidence is there? Jim explains, he's in Lancaster County, Pennsylvania, as a worthy

reporter, retired from Barron's, but still reporting,

talking to everybody about the economy.

...