Marketplace Morning Report®

with David Brancaccio

Marketplace Morning Report for Tuesday, July 31, 2012

The economy hasn't been performing up to expectations recently in almost every category, except, for some reason, car sales have been doing okay. That's not so much because of what's happening at the dealerships, it's more about what's happening at the banks. And yesterday on the show, as part of our coverage of Wealth and Poverty issues, we spoke with President Obama's former top economic advisor Larry Summers. We talked about inequality, which is an issue that's become central to the presidential race this year. He gave us one view on the subject, and today we have another from Arthur Brooks, the president of the American Enterprise Institute, a conservative think-tank in Washington.

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Economy
Missy Franklin of the United States celebrates with her gold medal and an American flag during the medal ceremony for the Women's 100m Backstroke on Day 3 of the London 2012 Olympic Games at the Aquatics Centre on July 30, 2012 in London, England.
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A lot happened while you slept. Marketplace Morning Report® host David Brancaccio explores the latest on markets, money, jobs and innovation, providing the context you need to make smart decisions.