Daily Archives: August 22, 2011

Kotz discusses inequality in U.S. on PBS

David Kotz

On August 17 David Kotz, UMass Amherst economics professor, appeared on PBS’s The Newshour [PBS] as part of their series on inequality in the U.S. The growing income disparity in the U.S., he noted, is a major factor in explaining the economic meltdown that began in 2008. Ordinary people borrowing to maintain their living standards when wages are stagnant causes rising debt.