Campaign trail myths about immigration and the economy
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 24 July 2024
⏱️ 14 minutes
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Summary
Ahead of this year’s election, politicians are spinning out all kinds of narratives about how immigration hurts the U.S. economy. But an analysis by the Congressional Budget Office projects that a surge in immigration over the next decade will ultimately lower the federal deficit. We’ll do the numbers. Then, we’ll get into why former Treasury Secretary Larry Summers compared the Republican Party’s economic agenda to former UK Prime Minister Liz Truss’ infamous mini-budget disaster. And, Kai tells us about his cool dad moment.
Here’s everything we talked about today:
- “Summers Says GOP Fiscal Plans Set US Up for ‘Liz Truss Moment’” from Bloomberg
- “Undocumented immigrants will boost economy, lower deficit, CBO says” from The Hill
- “Effects of the Immigration Surge on the Federal Budget and the Economy” from the Congressional Budget Office
- “Why Hydrangeas Are Blooming Spectacularly in the Northeast This Summer” from The New York Times
- “Chappell Roan Booked a Tour. Then She Blew Up.” from The New York Times
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Transcript
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| 0:00.0 | Hey it's Kai, my minivan and I, as I've said on the radio, have logged a lot of miles with Marketplace. |
| 0:05.2 | Luckily, it's still running, you know, pretty well. |
| 0:08.0 | But if your car doesn't drive as well as it used to, listen up. |
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| 0:14.7 | will use the proceeds to support the great programs you hear every day. |
| 0:18.8 | Start your vehicle donation at marketplace.org slash vehicle. |
| 0:24.0 | All right, now that I'm over my pet peeve, |
| 0:27.0 | let us begin. |
| 0:29.0 | Huh. |
| 0:30.0 | It's like magic words. |
| 0:34.0 | Well, I should say Stephen Scholar makes things a runner around here, so I can't criticize him, |
| 0:38.0 | but he did mess up my computers. |
| 0:40.0 | Anyway, hey everybody, I'm Kyle Rizzo. |
| 0:41.0 | Welcome back to Make Me Smart, where we make today make sense. |
| 0:44.9 | I'm Kimberly Adams. |
| 0:45.8 | Thank you for joining us on this Wednesday. |
| 0:48.2 | It is July the 24th. |
| 0:50.6 | You know, it feels like this month has gone by so fast, but so much has happened. |
| 0:56.0 | And yet. |
| 0:57.0 | Yeah, and yet. |
| 0:59.0 | It feels like it's been a year. |
| 1:01.0 | All right, well, other than calendar updates updates we're going to do our usual things |
... |
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