Is The Economy Really Booming?

GUESTS: FRANK LEVY Professor of Urban Economics, MIT Urban Studies and Planning (Cambridge, MA) Author, New Dollars and Dreams: American Incomes and Economic Change (Russell Sage Foundation, NY 1998) MARVIN KOSTERS Director of Economic Policy Studies at the American Enterprise Institute The Dow Jones broke a new record this week by hitting the ten thousand mark. But the big market returns may be deceptive. Recent times have also seen a steady decline in manufacturing jobs, a record number of bankruptcies by consumers, and an ever widening gap between the affluent and the poor. Guest Host Madeleine Brand and a roundtable of experts take a look at the contradictions of the booming U.S. economy.



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