How much does the stuff we buy actually cost?

Make Me Smart

Marketplace

Business, News

4.6 • 5.5K Ratings

🗓️ 1 April 2024

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Starting today, many fast-food workers in California will be paid $20 an hour under a new minimum-wage law. It’s time for a Kimberly rant! We’ll get into the subsidization of low-wage work, the reals costs behind all the stuff we buy — from burgers to clothes — and who’s picking up the tab. Plus, guest host Reema Khrais reminisces about the early years of Google as the company celebrates 20 years of Gmail.

Here’s everything we talked about today:

- “Fast fashion retailer Shein doubles profits as it awaits IPO approval” from The Guardian

- “California’s Fast-Food Workers Just Got a Pay Bump” from The New York Times

- “California’s Crazy ‘Fast Food’ Minimum Wage Takes Effect” from The Wall Street Journal

- “Your hair looks gorgeous. It cost … what?!” from The Washington Post

- “Hey, Gen X, Z and millennials: the great wealth transfer could go to health care, not you” from USA Today

- “Ancient giant dolphin discovered in the Amazon” from CNN

- “Gmail revolutionized email 20 years ago. People thought it was Google’s April Fools’ Day joke” from The Associated Press

We love to hear from you. Send your questions and comments to makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Transcript

Click on a timestamp to play from that location

0:00.0	Yeah, I think we can start.
0:03.0	Hello everyone, I'm Kimberly Adams.
0:10.0	Hello everyone, I'm Kimberly Adams, and that sound back near you is Rima Kras.
0:14.4	Welcome back to Make Me Smart.
0:16.0	We make today make sense.
0:17.8	Kai's out this week.
0:18.7	So we've got Rima here and she is the host of the Marketplace Podcast. This is uncomfortable.
0:24.8	Thanks for having me. It's good to be here. Thank you for joining us today on this Monday,
0:29.3	April 1st, The Day of Fools. Yes, we are just heads up.
0:34.0	We are not planning to play any tricks on you on the show.
0:38.0	We don't have capacity for that.
0:40.0	Yes.
0:41.0	I got off the metro this morning and this guy, and I have headphones in, I'm in my audiobook, and this guy was like,
0:47.8	you drop some money on the ground!
0:49.6	And I was like, and you know, and someone's shouting at me so I look he's like April
0:53.7	fool's I said dude
0:56.1	really why what are you doing why?
1:00.1	Why me that feels like out of a sitcom, like that thing, like,
1:04.0	does that actually happen to people?
1:05.2	Apparently so to you.
1:06.7	Like, I was thinking that, I mean, my guard was up.
1:10.6	I was like, is this somebody about to attack me
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.