On top of the infamous “K shape” between high- and low-income households, economists also see a widening spending gap between high- and middle-income consumers.
In late December, Colorado’s largest utility shut off power to thousands of customers. Xcel Energy said a downed power line could have ignited a wildfire. Instead, the shut-off sparked a backlash.
In January, five states enacted laws restricting people who receive food aid from buying sugary beverages and snacks. About a dozen more will follow suit later this year.