Less is not always more in economic data

Make Me Smart

Marketplace

Business, News

4.6 • 5.5K Ratings

🗓️ 8 June 2024

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

It’s Friday, folks! Today we’re talking about some news coming from former President Donald Trump, who has vowed to take away key spending powers from Congress if reelected. We’ll get into what that would mean in practice. Plus, we’ll talk through the latest from the Bureau of Labor Statistics, which just announced it’ll be decreasing the number of households surveyed for important reports like the monthly jobs report. It’s a move that will make decoding what’s going on in our economy more a little more challenging. Plus, we’ll get into Bazooka gum, the rise of Uncrustables and Forever Stamps getting more expensive during a round of Half Full/Half Empty.

Here’s everything we talked about today:

“US Jobs Household Survey Size to Be Cut Due to Budget Constraints” from Bloomberg
“Trump plans to claim sweeping powers to cancel federal spending” from The Washington Post
“Does Texas need its own stock exchange?” from Marketplace
“From school cafeterias to professional athletes, Uncrustables sandwiches are everywhere” from Marketplace
“Bazooka Candy’s CEO on the brand’s sweet athlete investment deal” from Marketplace
“Some New Yorkers are pushing for open streets to be permanent” from Marketplace
“Forever stamps are about to get more expensive — again” from Marketplace

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

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0:00.0	Hi, I'm PJ Vote, here to tell you about my new podcast Search Engine.
0:06.4	Search Engine was one of the very best new podcasts of 2023,
0:10.0	according to Vulture, Vogue, Time magazine, and The Economist, we answer fascinating questions about business, tech, and history.
0:18.0	Questions like, why are drug dealers putting fentanyl on everything?
0:22.0	Who should be in charge of artificial intelligence?
0:24.8	How did ADHD medication get so popular, so fast?
0:28.8	Listen and follow a search engine with PJVote in Odyssey Podcast. Available now on the Odyssey app or wherever you get your podcasts. Do you do do do do do do do do do do do do do do do
0:44.4	do do do very ready do do do do do
0:48.3	do do do do do do do do
0:52.0	what is that like the Muppets?
0:54.0	Yes, that's what it was.
0:56.0	That's what I thought.
0:58.0	Okay, well hello, the camera's over here.
1:02.0	Hello everyone, I'm Kimberly Adams, welcome back. Okay, well hello, the camera's over here.
1:02.7	Hello everyone, I'm Kimberly Adams.
1:04.2	Welcome back to Make Me Smart,
1:06.7	where we make today make sense.
1:09.1	It's Friday, June the 7th.
1:11.2	I'm in a different place.
1:12.0	I don't know what it looked.
1:13.4	Well, that's really funny, actually.
1:14.6	You can take the girl out of the TV reporting business,
	...

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