, Columnist
Why America Has a Two-Track Economy
Depending on where you live, your education and job, things are either pretty great or pretty bad.
Parallel lives.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Which of these two scenarios describes the U.S. economy?
No. 1. The economy is better than ever: The stock market is near a record high, wages are rising, there are more job openings than applicants, household wealth has hit a record, gross domestic product is growing briskly, house values have recovered from the bust, and consumer confidence is back — and so is America!