4.8 • 1.3K Ratings
🗓️ 7 August 2025
⏱️ 39 minutes
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| 0:00.0 | On the current, the consumer price index, we've been watching to follow inflation, but y'all, it determines how much social security benefits are adjusted year over year. It determines how much your tax bracket will increase year over year. It is the measure of cost of living in the United States comes from the Consumer Price Index, |
| 0:22.3 | which comes from the Bureau of Labor Statistics. And they've already raised warning flags saying |
| 0:26.9 | we are running out of money to do this. |
| 0:31.8 | Hey, everybody. Welcome to Her Money. I'm Gene Chatsky. And we are diving back into the economy. We're diving into a |
| 0:40.1 | story. Maybe it seems wonky on the surface, but trust me, it couldn't be more urgent or more |
| 0:47.2 | relevant to your life, to your paycheck, to your future. Here's the headline. The head of the Bureau |
| 0:53.8 | of Labor Statistics, this is the agency that is |
| 0:57.6 | responsible for the monthly jobs report and some of the most critical data shaping our economy |
| 1:05.8 | was fired and not quietly. The dismissal of Erica McIntarfer has sent shockwaves through the |
| 1:14.8 | economic community why should you care about this because when we lose trust in the |
| 1:21.8 | data that sets interest rates determines policy and drives the headlines about |
| 1:27.2 | inflation and wages, we lose our ability to plan, |
| 1:32.8 | to invest, to advocate, to protect ourselves. And I say this as a woman knowing that women already |
| 1:39.5 | faces steeper climb when it comes to pay equity, job security, and retirement preparedness. If the data |
| 1:46.4 | gets distorted, make no mistake, we are the ones who stand to suffer most, which is why we have |
| 1:54.5 | our favorite economist back with us today. Dr. Catherine Edwards is a leading labor economist. |
| 2:00.0 | She's hosted the amazing new podcast, |
| 2:02.5 | Optimist Economy. We're going to see if she stands by that title still. And she's been |
| 2:07.1 | raising the alarm, calling this firing not just problematic, but potentially catastrophic. So we're |
| 2:15.2 | going to unpack what happened, what's at stake, what it means for your |
| 2:18.3 | wallet, your work, and your future, because as Catherine Edwards says, this isn't just about |
| 2:25.6 | one bureaucrat losing their job. It's about whether we can trust the numbers that hold our |
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