Income Inequality

June 14, 2011

The gap between the haves and have-nots in America is at an all-time high. Income inequality has been increasing over the past 30 years, and in 2010, the top 20% of Americans earned nearly 50% of the nation's income. Some suggest that income inequality leads to greater social problems, while others say that such inequality is needed to bolster growth in the economy.

Guests: 
Timothy Noah, a senior writer for Slate Magazine, and a contributing editor to the Washington Monthly
Robert H. Frank, Professor of Economics at Cornell University, and a contributor to the 'Economic View' column in the New York Times