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Slate Money: Delta Sky Miles vs The Two-Percent

Slate Daily Feed

Slate Podcasts

News, Business, Society & Culture

41.1K Ratings

🗓️ 30 September 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

Felix Salmon, Emily Peck, and Elizabeth Spiers are the two-percent! Well, not Emily, to be clear. They dig into what’s going on with all the changes to Delta Sky Miles, the newest lawsuit by the FTC against Amazon, and why LinkedIn is and is not the worst. In the Plus segment: What do you do with a concrete banana? If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get an ad-free experience across the network and an additional segment of our show every week. You’ll also be supporting the work we do here on Slate Money. Sign up now at slate.com/moneyplus to help support our work. Podcast production by Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello! Welcome to Sleep Money, your guide to the business and finance news of the week.

0:18.0

I'm Felix Salmon of Axios, here with Elizabeth Spires of Sleep in the New York Times and places like that.

0:24.0

Hello.

0:25.0

I'm here with Emily Peck of Axios.

0:27.5

Hi.

0:28.5

The theme this week is we are the two percent.

0:31.5

We're going to talk about what's been happening with Delta and their frequent flyer miles.

0:37.5

We're going to talk about Amazon and the lawsuit they are now embroiled in with the FTC, the antitrust suit.

0:46.5

We are going to talk about LinkedIn and how it's so cool and I love it now.

0:49.5

No, we're going to talk about LinkedIn and whether it's cool and why Emily Peck loves it so much.

0:55.5

We have a Slate Plus segment all about concrete bananas.

1:00.5

Go ahead, you know you want to subscribe to Slate Plus just to learn what we have to say about concrete bananas.

1:06.5

It's all coming up on Slate Money.

1:12.5

Okay, so I wanted to talk this week about what I'm calling we are the two percent,

1:19.5

which is and Emily is already shaking her head, which is the plate.

1:25.5

Well, I am not the two percent.

1:26.5

I just want that made clear.

1:29.5

Go ahead.

1:30.5

And to be clear, I am not the two percent either.

1:34.5

But there is this very interesting phenomenon that if you've been following the frequent traveler complaints over the past three or four years,

1:47.5

or at least since like travel started picking up post COVID, there has been a perennial list of wines and complaints, especially about airport lounges and how status on airlines ain't what it used to be.

2:02.5

And the Delta CEO came out this week and said something very interesting, which is basically that since COVID,

...

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