The economy’s growing, but the pandemic’s still here
Make Me Smart
Marketplace
4.6 • 5.5K Ratings
🗓️ 28 January 2022
⏱️ 16 minutes
🧾️ Download transcript
Summary
Apple announced it had a great quarter, and GDP grew last year, too. But these numbers don’t tell the whole story. Gross domestic product has its limitations, and Kai talks about what he looks for when he wants to know how our economy is doing. Plus, our shells are feeling a little hollow following a grim reminder of the pandemic’s impact heading into year three. So to end the show, we’ve got a Make Me Smile that will hopefully make you dance!
Here’s everything we talked about on the show today:
- “We Need to Talk About Covid, Part 1” from The New York Times
- “15-month-old dies of COVID, becoming youngest LA County resident to die from virus” from Fox Los Angeles
- “U.S. economy grew 1.7% in 4th quarter, capping a strong year” from The New York Times
- “Apple revenue pops 11% to $123.9 billion despite supply chain concerns” from CNBC
- “As Russia Threatens Ukraine, Europe Scrambles to Secure Gas Supply” from The Wall Street Journal
- “Biden’s Berlin Gas Airlift” from The Wall Street Journal
- “SpaceX Rocket Part to Crash Into Moon 7 Years After Launch” from The New York Times
- “Jon Batiste – Freedom“
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Transcript
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| 0:00.0 | Hey everybody, it's Kai. |
| 0:03.8 | You know, it's been an unpredictable year, but there is one thing you can count on. |
| 0:07.8 | Kimberly and I will be here in your podcast feed with the context and analysis you count |
| 0:12.4 | on. |
| 0:13.4 | We'll help you unpack the news stories of the day and hopefully leave you with a smile. |
| 0:17.8 | Support this show and everything we do at Marketplace with an end of your donation today. |
| 0:22.7 | When you do, you can choose a thank you gift like the popular new Marketplace Beanie. |
| 0:26.6 | That's a soft knit hat embroidered with our logo. |
| 0:29.5 | Check it out. |
| 0:30.5 | You can have a look at the new Beanie and you can support public service journalism at |
| 0:33.9 | Marketplace.org slash give smart and thanks. |
| 0:37.8 | Alright, wait. |
| 0:45.0 | I said I was ready. |
| 0:47.0 | Technically not. |
| 0:48.0 | But now I am. |
| 0:49.0 | Hey everybody, I'm Kai. |
| 0:50.0 | Rizad, welcome back to Make Me Smart. |
| 0:51.0 | Making today make sense is what we do most of the time on this podcast. |
| 0:55.0 | Mm-hmm. |
| 0:56.0 | And I'm Mariel Saguera. |
| 0:57.4 | Thank you for joining us on this hollowed out shell Thursday. |
| 1:01.0 | We're going to do a little news fix and then make me smile. |
... |
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