Martha Gimbel

Martha Gimbel, the executive director and co-founder of the Budget Lab at Yale, discusses the implications of President Trump's aggressive tariff policies. She takes listeners on a virtual shopping trip, revealing how everyday items like t-shirts and medications will cost significantly more due to these tariffs. Gimbel highlights the disproportionate impact on lower-income households and the broader economic effects, including potential GDP losses. The conversation unfolds the complexities of global trade, showing how different nations adapt to this tariff landscape.

Eleanor Mak, the founder of Jilly Bing, aims to empower Asian American children through representation in dolls. She shares her journey and the challenges posed by tariffs that threaten her vision. Martha Gimbel, director of the Budget Lab at Yale, discusses the broader implications of such tariffs on small businesses and consumer choices. The conversation delves into nostalgia, the impact of economic policies on childhood, and the emotional ties we have to the toys that shape our identities.

Martha Gimbel, Executive Director of the Budget Lab at Yale, dives into the complex world of tariffs and their potential effect on consumer prices, including tech gadgets like iPhones. She explains how tariffs can shape the economic landscape and challenges the notion that trade deficits are inherently bad. The discussion also lightly touches on the joy of children learning to speak, coupled with insights from Carrie Lane, author of a book on professional organizing, who discusses the importance of embracing our clutter.