Every weekday on Marketplace, Kai Ryssdal hosts a lively and unexpected exploration of the day’s business and economic news from Wall Street to your wallet.
If you're listening to our show in your car, or on the train, or while looking at a dam, we probably don't need to tell you: American infrastructure is not great. In fact, thanks to the American Society of Civil Engineers' annual report card, we know it's just this side of failing: D+ this year. President Donald Trump has promised to fix the country's infrastructure in part with tax incentives and public-private partnerships. We'll look at how that works. Then: We've learned more about how Trump plans to fund his big defense boost: by cutting about $6 billion from Housing and Urban Development. Plus, a commercial drone industry begets an anti-drone industry.
Yesterday we talked about how important but difficult it is for the government to figure out what the Republican's health care reform bill will cost. Now the bill is getting amendments and rewrites, and the GOP is trying to fast-track that process. Plus, the future of a consumer watchdog under President Donald Trump, and the money his resort is getting from Big Candy.
Yesterday we talked about how important but difficult it is for the government to figure out what the Republican's health care reform bill will cost. Now the bill is getting amendments and re-writes, and the GOP is trying to fast-track that process. Plus, the future of consumer watchdogs under President Donald Trump, and the money his resort is getting from Big Candy.
All the punditry flying today about the Republican replacement for the Affordable Care Act boils down to a couple essential questions: How many people will it cover, and what will it cost? Figuring that out will fall to the Congressional Budget Office, which uses modeling to try and predict the bill's effects. But when you're messing with nearly a fifth of the American economy, that's complex work. Plus, a look at America's "dignity gap" and what happens when a family sitcom runs straight into the political moment.
You may have noticed the president of the United States tweeted this weekend. We're not going to talk about those unsubstantiated claims today, except to note that when Donald Trump tweets, he's usually trying to distract from less favorable news. News like the 1,100 or so Senate-approved jobs he has to fill, or the new executive order on travel restrictions for six countries (not seven, like the last ban that stalled out in federal court). We'll cover both stories. Plus, we'll answer the age-old question: Why are Carl's Jr. and Hardee's near-identical restaurants with two different names?
Donald Trump and Janet Yellen both gave big speeches this week: one about the state of the economy and some detail-light plans for kickstarting it, and one about finally (finally) raising interest rates. We'll pick apart both and talk about how markets are reacting on the Weekly Wrap. Then we'll look at the theory vs. the reality of Republicans' proposed border adjustment tax and the Obamacare replacement that's inching forward. Plus, the fight in your supermarket over what qualifies as "milk" and McDonald's foray into delivery.