Planet Money Tariffs, grocery prices and other listener questions
137 snips
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!
AI Snips
Chapters
Transcript
Episode notes
Economic Uncertainty
- Listeners expressed uncertainty about the economic impact of Trump's second term.
- It's difficult to predict long-term economic outcomes immediately after an election.
Presidential Power Over Oil
- The president has limited influence on oil prices, despite U.S. production dominance.
- Opening federal lands for drilling has minor effects, as most oil comes from private/state lands.
Grocery Inflation
- Grocery prices have increased, outpacing general inflation, impacting consumers.
- While grocery inflation has slowed recently, prices likely won't decrease significantly.