Running the numbers on deportation, interest rates and math

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 31 January 2025

⏱️ 11 minutes

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Summary

Why haven't American 8th graders' math scores recovered? Does Immigration and Customs Enforcement (ICE) actually have the resources to make all the deportations Trump's promised? And what's the path for interest rates in the Trump economy? All that on Indicators of the Week.

Related Episodes:
The U.S. once banned Chinese immigrants — and it paid an economic price
Why Is The Fed So Boring?

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Transcript

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0:00.0	NPR.
0:11.6	This is the indicator from planet money.
0:13.7	I'm Waylon Wong.
0:14.7	And I'm Darym Woods.
0:15.9	It has been an extremely busy week in the news,
0:19.8	and we have got it all covered on indicators of the week.
0:25.3	We are here to recap a few of the top numbers in this slew of flooding the zone that we have seen.
0:33.9	That's right.
0:34.4	And here to bail us out with a bucket is our planet money colleague Amanda Ronchick.
0:39.4	I brought more than just one bucket.
0:41.3	I brought a bunch of buckets.
0:42.8	You're here on the ark.
0:43.9	You're going to save us.
0:45.0	I'm going to try.
0:45.7	It's been a lot of news this week.
0:46.9	Today on the show, we're going to pass some mysterious Fed speak from the central bank.
0:51.8	And we'll look to the costs of deportations, plus some bad math scores.
1:00.7	This message comes from Wise, the app for doing things in other currencies.
1:05.5	Sending or spending money abroad, hidden fees may be taking a cut. With Wise, you can convert between up to 40 currencies
1:12.7	at the mid-market exchange rate. Visit wise.com. TNCs apply. This message comes from Monday.com.
1:20.6	Work management platforms. Red tape, endless adoption time, IT bottlenecks. And after all that,
1:27.1	nobody really uses them.
	...

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