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The Gist

Banning Pennies: Wise; NIH Funding Cut: Foolish

The Gist

Mike Pesca

News, Politics, Arts, Daily News

4.4 • 3.6K Ratings

🗓️ 10 February 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

Donald Trump’s latest move? Taking aim at the penny—finally addressing a pet peeve of mine and economists everywhere. Meanwhile, the NIH is slashing “indirect costs,” which will hurt actual vital research. And in today’s interview, Raphael S. Cohen of RAND joins to break down Israel’s battlefield successes and whether Iran truly holds deterrence power in the region. Produced by Corey Wara Email us at [email protected] To advertise on the show, visit: https://advertisecast.com/TheGist Subscribe to The Gist: https://subscribe.mikepesca.com/ Subscribe to The Gist Youtube Page: https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g Follow Mikes Substack at: Pesca Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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It's Monday, February 10th, 2025 from Peachfish Productions.

1:07.5

It's the gist.

1:08.4

I'm Mike Peska.

1:09.6

The Trump administration has trotted out a pretty

1:12.3

horrific new initiative. It is not well thought out. It could have enormous costs in ways that

1:18.9

if people knew about it. And by people, I mean, almost every American, if they knew what the cost

1:23.7

could be, they'd object to this initiative. But I don't think they know, because while a lot of

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