Hollywood on strike

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 14 July 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hollywood actors are joining writers on the picket lines after leaders of the SAG-AFTRA union voted to strike. We’ll hear what SAG-AFTRA President Fran Drescher had to say about it and get into what it might mean beyond the entertainment industry. Plus, why conservative amendments tacked onto an important defense spending bill are setting it up to fail. And, Kai reads between a Federal Reserve official’s lines.

Here’s everything we talked about today:

“Shutdown Looms as Actors Say Contract Talks Have Collapsed: Live Updates” from The New York Times
“Disney CEO Bob Iger on media landscape: Challenges are greater than I had anticipated” from CNBC
“Saudi investment in PGA Tour will top $1 billion. And Norman will exit as LIV’s CEO, tour exec says” from The Washington Post
“House voting on first set of hot-button amendments to defense bill: live coverage” from The Hill
“Tommy Tuberville: Senators fume over growing number of blocked nominations” from CNN Politics
“The Overton Window” from the Mackinac Center
“Fed’s Mary Daly Says a ‘Couple More’ Rate Hikes Appropriate in 2023” from Bloomberg

Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.

Transcript

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0:00.0	Hey everybody, it's Kai. Listen, is it time to upgrade your car? Give it new life by donating it
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0:20.8	Hey everyone, I'm Marie Mechrace, host of This is Uncomfortable, a podcast from Marketplace.
0:26.1	This season, we explore how secrets can shape our financial lives. We've got stories about the
0:31.7	creative lengths people go to pay off student debt, what it's like to become addicted to financial
0:37.2	submission, and how easy it can be to get stuck in a vicious cycle. We take a look at how secrets
0:42.8	take a toll on our lives and what price some are willing to pay for the truth. Listen to This is
0:48.4	Uncomfortable wherever you get your podcasts. All right, let's go.
0:59.6	Hello, I'm Kimberly Adams. Welcome back to Make Me Smart, where we make today make sense. It is July 13th.
1:06.6	I'm Kai Rizal. Thanks for joining us on this Thursday for a new segment for which we do not have a name yet.
1:11.9	We've gotten some suggestions. It's the one where we play some tape and do some analysis on the other side.
1:16.8	We've had between the lines. We've had sound off. Keep them coming. You know how to get a hold of us
1:22.0	if you've got a good idea for this one. May it be on Thursdays always, maybe it won't. I don't
1:25.8	even know. All right, anyway, first clip here we go. Drew, hit it. What happens here is important
1:32.7	because what's happening to us is happening across all fields of labor.
1:39.7	By means of when employers make wall streets and greed their priority and they forget about the
1:52.8	essential contributors that make the machine run. So if you didn't recognize the voice,
2:02.7	that was Fran Drescher, famously of the nanny, but who is also the president of the SAG After a
2:09.1	union and Fultus Closure here, a lot of marketplace folks are represented by SAG After a, but not
2:14.5	the part that just went on strike today. So that's a different segment of SAG After a. But it is the,
	...

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