Immigration and U.S. economic growth

Make Me Smart

Marketplace

News, Business

4.6 • 5.5K Ratings

🗓️ 23 March 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Since the Congressional Budget Office last released its long-term outlook for the federal deficit and strength of the U.S. economy, things have become a teeny bit better. Why? The CBO points to increased immigration and last year’s spending deal struck between Congress and President Joe Biden. And, we’ll get into the looming commercial real-estate reckoning. Plus, we’ll weigh in on tote bags, Free Blockbuster libraries and more in a round of Half Full/Half Empty!

Here’s everything we talked about today:

“PRP Pays $323M For Market Square, D.C.’s Largest Sale In 18 Months” from Bisnow

“Budget Office report credits immigration and spending deals with improved outlook despite huge debt” from AP News

“The Long-Term Budget Outlook: 2024 to 2054” from the CBO

“How the tote bag became the hottest fashion accessory around” from Marketplace

“Tired of Streaming? Free Blockbuster Libraries Offer an Alternative.” from The New York Times

“Encyclopædia Britannica is eyeing a $1 billion valuation in its IPO, report says” from Quartz

“I Pizza A | Voodoo Ranger” from Voodoo Ranger

“Walmart Is Luring Wealthy Shoppers With Blazers and Duck Breast” from Bloomberg

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Transcript

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0:00.0	Hey Marketplace listeners, you know around here we like to think you're never too young to learn about the economy and financial basics.
0:05.6	That's why we're bringing the million bazillion live tour to school to teach important lessons about budgeting, investing, saving, and more.
0:12.8	It's all the fun of the podcast, but now live,
0:15.4	immersive and interactive.
0:17.4	Special thanks to our tour partner, Green Light,
0:19.8	the debit card and money app for kids and teens.
0:22.6	Learn more about greenlight at greenlight.
0:24.6	dot com slash million.
0:26.4	That is green light dot com slash million.
0:29.0	Yikes.
0:29.6	Hang on.
0:30.6	There we go. Do you imagine if it did. Ahem.
0:34.0	Hm.
0:35.0	Sorry.
0:37.0	Hey everybody I'm Kai Rizdahl Charles
0:40.0	and turn the microphone on just a second to really know I'm kidding it was me. I wasn't ready. This is Make Me Smart. We make today makes sense that's our tag line one of them anyway. It is Friday today the 22nd day of March 2024.
0:51.0	I'm Novasapo filling in for Kimberly Adams. Thanks for
0:54.2	joining us on the podcast and on the YouTube stream. It's Friday and that means it's
0:57.8	time for our weekly happy hour episode, one of my favorite times of the
1:01.0	week. We are going to do some news as we always
1:03.9	do on a Friday we'll take a break and then we'll play half full half empty
1:07.7	Drew Josted I've been told is in my studio downtown which will be the
	...

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