Nobel laureate: The US economy is in an abnormal state, hindering development in key areas

On October 22 local time, Nobel Prize-winning economist Paul Krugman wrote on the US subscription platform Substack, "Right now, the US economy is in an abnormal state on multiple levels.
The most immediate problem is that the government shutdown has delayed the release of the September jobs report, and policymakers are in a state of'partially blind judgment '. He said that the surface of the US economic data looks reasonable, but if you look deeper, you will find that many objective indicators show that the US economy has turned red.
This "anomaly," he said, was first reflected in the deep divergence of the economy, with artificial intelligence booming while others stagnated.
Second, the economy is "frozen" in many ways: while there have been no large-scale layoffs, it is difficult for the unemployed or those new to the labour market to find new jobs.
Third, although investment in artificial intelligence has driven economic growth, this growth is showing a "K-shaped differentiation", and the signal that low- and middle-income consumers are struggling is already very clear. (Jin Ten)