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The Clark Howard Podcast

07.18.24 Clarkonomics: A Straightforward Look At The Economy / Paying With Cash

The Clark Howard Podcast

Clark Howard

Business, Investing, Entrepreneurship

4.65.2K Ratings

🗓️ 18 July 2024

⏱️ 31 minutes

🧾️ Download transcript

Summary

In today’s show - this is an election year, and we don’t do politics here. But we’re hearing all sorts of perspectives from across the political spectrum about whether Americans are doing better or worse than they were years ago. Clark cuts through the clutter to get at what’s really going on in a segment called Clarkonomics.  Also, what’s more American than good old USA legal tender? So what do you do when many places no longer accept cash? Clarkonomics: Segment 1 Ask Clark: Segment 2 No Cash Zones: Segment 3 Ask Clark: Segment 4 Mentioned on the show: CEOs made nearly 200 times what their workers got paid last year PEW - The State of the American Middle Class  Middle-class Americans are falling behind When Should You File a Claim on Your Homeowners Insurance? One Tech Tip: Use a roaming eSIM on your summer travels to avoid cellphone data fees 10 Things Homeowners Insurance Doesn't Always Cover Want to Pay Cash? That’ll Cost You Extra How to Teach Young Kids About Money How to wipe the hard drive of a Windows computer. Thank you for listening today, Clarkies! If you want to be part of our “Clarkie” segment, call 404-981-2071 to leave a comment or story. We may play it during a future episode! Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's great to have you here on the Clark Howard Show. You know our mission is to serve you with advice and information that empowers you so that you can make better financial

0:15.8

decisions in your life and in today's show there are so many things being talked about in an election year and we don't do politics here

0:28.4

but you're going to hear so many perspectives of whether people are doing better or worse than they were

0:37.4

doing years ago and you're going to hear this across the political spectrum and I want to try to cut through the clutter

0:45.0

and tell you what's really going on

0:48.0

in people's lives across the country

0:51.0

in a Clark economic segment. And also what's more American than a

0:58.3

one dollar bill? Well you may find that more and more places tell you your dollar is no good here.

1:07.1

What's going on?

1:08.3

We're going to talk about that.

1:10.4

So it's hard.

1:12.4

There are a lot of Americans that look through everything, particularly in a presidential election year, through a political lens.

1:20.0

You can hear it sometimes on our Friday Clark Stinks segment. We'll have another new one for you tomorrow.

1:27.0

Where people think that I've got some kind of hidden political agenda when I talk about something involving the economy.

1:36.4

I've seen it the most with angry posts about inflation.

1:41.2

People feel that I'm giving a slanted view of inflation.

1:45.0

Let me tell you when I talk about this stuff I got no hidden agenda.

1:50.1

My agenda is you. And so now I'm going to step into something

1:55.3

so raw right now in our society.

1:59.7

And that is the class divisions in the United States and the Pew Charitable Trust did extensive research

2:09.7

on what's happened going in the way back machine from the post Vietnam War era, the early 1970s,

2:19.2

to last year.

...

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