Making The Most Of It: Medicare For All, Interest Rates, and Grasshoppers

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theSkimm

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4.5 • 3.6K Ratings

🗓️ 31 July 2019

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Medicare for All was all the rage at last night’s democratic debate. And not necessarily in a good way. We’ll tell you why Dems are divided over it, and what to expect for the second part of the debate tonight. Meanwhile: today, the Fed cut interest rates for the first time in a decade. If you’re asking yourself, ‘why now?’ -- you’re not alone. But the Fed chair is telling everyone: think global. We’ll tell you what this news means for your wallet. Also on today’s episode: how one restaurant is taking ‘make lemons out of lemonade’ seriously. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Wednesday, July 31st.
0:03.2	Welcome to Schim this.
0:04.7	We're breaking down the most complex stories of the day and giving you the context on
0:08.3	why they matter.
0:09.6	Today, we're diving into the big talker from last night's debate, Medicare for All.
0:14.6	We'll connect the dots on how deep the divide is between moderate and progressive democratic
0:18.4	candidates and what to expect on night two.
0:21.2	Then, the Fed is cutting interest rates for the first time in a decade.
0:25.3	We'll give you the details on what this could mean for you.
0:27.8	And finally, when life gives you grasshoppers, make a pizza.
0:31.8	We're here to make your evening smarter.
0:33.9	Let's Schim this.
0:39.5	The most complicated story today is about healthcare.
0:43.0	Around one in 10 Americans don't have health insurance, and those that do, pay a lot for
0:47.9	it.
0:48.9	Healthcare is more expensive in the US than in any other developed country.
0:53.7	If you watch last night's democratic debate and Detroit on CNN, you know that basically
0:58.0	all the democratic presidential candidates want to fix that.
1:01.5	But they're divided over how to do it.
1:04.3	Progressive candidates like Senator Elizabeth Warren and Senator Bernie Sanders think the
1:08.6	government should provide everyone with healthcare.
1:11.2	They call it Medicare for All.
	...

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