
Planet Money
Tariffs, grocery prices and other listener questions
Jan 17, 2025
Brooke Gladstone, co-host of a public radio show about media, dives into the economics behind a potential second Trump term. They tackle whether Trump can influence grocery and oil prices, the complexities of tariffs, and their impact on tech purchases like iPhones. The discussion also highlights the ongoing struggles of NPR funding, exploring its historical political battles and the vital role of public broadcasting in rural communities. It's a thought-provoking mix of politics, consumer behavior, and economic strategy!
27:49
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Quick takeaways
- The podcast emphasizes the limited presidential power in directly influencing long-term economic conditions, especially regarding grocery and oil prices.
- It highlights how elevated grocery prices persist despite decreased inflation, showing the complex interplay of supply chain issues and market conditions.
Deep dives
Understanding Presidential Economic Power
The podcast addresses the nature of presidential power and its influence over the economy, particularly in the context of Donald Trump's potential policies. It highlights how much control the president truly has in shaping economic outcomes, such as tackling inequality or adjusting tariff policies. Despite various promises made during campaigns, the speaker emphasizes that many economic questions are complex and cannot be answered definitively at this point. The importance of understanding the limits of presidential power is underscored, particularly during times of economic uncertainty.
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