Make Me Smart

Jed Kolko, a former under secretary for economic affairs at the U.S. Department of Commerce, dives into the complexities of U.S. immigration data. He explains the discrepancies between agency estimates and their critical implications for economic policy. Kolko emphasizes the importance of accurate immigration numbers in understanding job markets. The conversation also touches on the ongoing dockworker strike, highlighting automation's role and its broader economic effects. Additionally, they unpack the significance of accurate data amidst election debates.

The discussion dives into the growing trend of Americans relocating to disaster-prone areas, highlighting the financial risks involved. It explores the increasing dependence on government aid, especially among vulnerable populations, and reflects on the historical significance of a famous 1970s breakfast photo. There's also a spotlight on youthful activism in voter registration while contemplating the financial struggles faced by Americans taken hostage abroad. A mixture of societal insights and historical connections makes for a compelling listen!

Political branding is evolving, with candidates adopting unusual strategies to appeal to women ahead of the 2024 election. New state voting laws could significantly impact ballot access, reshaping the electoral landscape. The doomsday prepping economy is booming, showing a shift toward practical emergency preparedness. Plus, the quirky concept of ‘fridgescaping’ is discussed, alongside the challenges that media faces in adapting to social platforms. It’s a blend of politics, preparedness, and personal anecdotes!

In this engaging discussion, Vice President Kamala Harris shares her vision for the economy, advocating for the removal of college degree requirements for federal jobs and promoting trade school programs. Christine Lagarde, President of the European Central Bank, adds a humorous touch by recounting her searches for everyday grocery prices and the effects of inflation on costs. The conversation touches on the balance between skill-based hiring and traditional education, alongside intriguing insights into current antitrust issues and legislative challenges.

Congress has agreed on a temporary spending bill to fund the federal government through Dec. 20. The House GOP’s hotly debated SAVE Act didn’t make the final cut. We’ll get into what did make it into the bill beyond bare-bones funding measures. And, a wave of homeowners are looking to refinance their mortgages as borrowing costs ease. Plus, we’ll cry happy tears over a “Homeward Bound” story come to life.Here’s everything we talked about today:“Kushner’s Fund Has Reaped Millions in Fees, but So Far Returned No Profits” from The New York Times“US Mortgage Rates Fall Again, Triggering Big Wave of Refinancing” from Bloomberg“The final countdown” from Punchbowl News“Shippers scramble for workarounds ahead of looming US East Coast port strike” from Reuters“Cat Missing in Yellowstone Returns Home to California After an 800-Mile Trek” from The New York TimesTweet from Jacqui Heinrich about President Biden’s hot mic moment on “The View”Got any questions about inflation or interest rates? Send ’em to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Kai Ryssdal, a Navy veteran and host, dives into the complex relationship between the military and climate change. He reflects on military training in extreme environments, revealing how traditional threats have evolved alongside climate issues. The discussion highlights climate change's impact on national security, including geopolitical tensions from melting Arctic ice. Ryssdal shares personal experiences that illustrate the military's dual role in both contributing to and combating climate crises, underscoring an urgent need for adaptive strategies in a warming world.

The reopening of the Three Mile Island nuclear plant is sparking conversations about its role in powering artificial intelligence for Microsoft. The hosts discuss the plant's historical significance and the contemporary implications of its revival. They also weigh in on schools' embrace of AI and the tricky balance of corporate political stances. Additionally, there's an engaging look at the emotional impact of high-profile legal cases, blending serious topics with lighter anecdotes and reflections on technology's everyday uses.

This week, the dangers of political deepfakes loom large as tech executives discuss foreign interference in U.S. elections. Misleading endorsements spark debate around candidates and the impact of economic agendas. A bold proposal to cap childcare costs draws attention to the burdens on working families. Meanwhile, the Boeing strike raises crucial questions about workers' rights and economic stability. Plus, intriguing insights into the challenges parents face in securing affordable childcare add depth to the conversation.

Former President Donald Trump shares his views on the Federal Reserve's surprising half-point interest rate cut and the potential impact on the economy. Senator Rand Paul discusses his push to limit presidential powers over tariffs while calling for Congress to take charge. They also delve into Trump's proposed reversal on the SALT deduction cap and the implications of political promises. Amidst political struggles, the conversation highlights hopeful news about a significant decrease in overdose deaths, emphasizing the importance of policy changes.

Stefanie Stantcheva, a Harvard economics professor, dives into public perceptions of inflation and how Americans attribute its causes to government actions and corporate practices. She discusses the significant political divides in these beliefs and the role media plays in shaping opinions. The conversation shifts to current retail theft trends, examining innovative strategies retailers are using to combat crime. Plus, comedian Rola Z adds her unique perspective on the topic, sparking a lively dialogue about economic understanding and societal challenges.