Do you think a business that panders to the lower income customers instead of higher income customers is not going to survive in this economy?
Or this is purely circumstantial failure because of the conflict in the ME?
Do You Think Spirit Airlines Failing Is Further Proof Of The K-Shaped Phenomenon?
byu/H_rusty inAskEconomics
Posted by H_rusty
1 Comment
1) The “K shaped economy” is nonsense. It gets repeated a lot online, but that doesn’t make it true.
2) Even if not for the Iran war, making broad macroeconomic statements off the back of a comparatively small company failing is not logically sound.