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The Indicator from Planet Money

IRS, Ivies and GDP

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 28 July 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

In this edition of Indicators of the Week, we talk about the end of surprise IRS visits, new research on elite college admissions, and why a soft landing is in sight.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Transcript

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0:00.0

NPR.

0:12.0

This is The Indicator for Plata Money, I'm Adrienne Ma.

0:14.2

I'm Whalen Wong, and this is Indicator of the Week.

0:17.8

That's right, and we are joined this week by our friend for Plata Money, Greg Rizalski.

0:23.4

Hey guys!

0:24.4

A hoi Greg!

0:25.4

So today on the show we are talking about some of this week's highlights in the news.

0:29.9

Some numbers that caught our eye this week have to do with the IRS, Elite College

0:34.6

Emissions, and some good news on Economic Growth.

0:38.2

All that.

0:39.2

After the break.

0:43.8

Indicators of the Week, Adrienne, you're up first.

0:47.2

Okay, knock knock.

0:48.7

Who's there?

0:49.7

The IRS!

0:50.7

Open up and give us your money!

0:51.7

Oh, now what's home?

0:52.7

No what's home?

0:53.7

Pulling down the blinds, turning off the lights.

0:57.9

So why I have come up with this brilliant knock knock joke is because my Indicator has

1:03.6

to do with the IRS, which just announced this week that it is going to end a long time

1:09.3

policy of making surprise visits to people's homes and businesses to collect back taxes.

...

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