The elephant in the room at the RNC
Make Me Smart
Marketplace
4.6 • 5.5K Ratings
🗓️ 18 July 2024
⏱️ 12 minutes
🧾️ Download transcript
Summary
This week Sean O’Brien became the first ever president of the Teamsters union to speak at the Republican National Convention. We’ll explain why this ruffled some feathers and what it could mean for the relationship between unions and the Democratic Party. And, we’ll get into how the lock-in effect is shaping today’s housing market and why the Federal Reserve won’t wait for inflation to fall to 2% before lowering interest rates. Plus, when it comes to avoiding online misinformation while a crisis unfolds, patience is a virtue.
- “Sean O’Brien: Why a union president crossed partisan lines for a starring role at Trump’s RNC” from CNN
- “A Teamsters Boss Delivers Rare Speech to R.N.C.” from The New York Times
- “First-time homebuyers are a growing share of the market” from Marketplace
- “We fact-checked some of the rumors spreading online about the Trump assassination attempt” from Reuters
- “How to Avoid Online Misinformation After Political Violence” from Marketplace Tech
- “CPI inflation report June 2024” from CNBC
- “Interest rates may work like a ‘Jedi mind trick’ to drive price trends” from Marketplace
Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks and play a round of Half Full/Half Empty!
Transcript
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| 0:00.0 | Hey everybody it's Kai listen is it time to upgrade your car given new life by donating it to marketplace |
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| 0:12.2 | Let us turn your old car into a donation to power the |
| 0:15.0 | journalism you rely on. Go to marketplace.org slash vehicle to donate your car |
| 0:19.6 | today. Yeah, I'm good to go. Good to go. |
| 0:23.0 | Hello everyone. |
| 0:26.0 | Hello everyone, I'm Kimberly Adams. |
| 0:31.0 | Welcome back to Make Me Smart, where we make today makes sense. |
| 0:35.2 | And I'm Amy Scott in for Ky Rizdahl. |
| 0:37.7 | Thanks for joining us. |
| 0:38.7 | It is Thursday, July 18th. |
| 0:41.3 | Today we are going to listen back to some of the big stories of the week. |
| 0:44.8 | We've got some audio clips lined up. |
| 0:46.7 | Let's hear the first one from the Republican National Convention in Milwaukee on Monday night. |
| 0:52.0 | Today the teachers are here to say, |
| 0:55.0 | we are not beholden to anyone or any party. |
| 0:59.0 | We will create an agenda and work with a bipartisan coalition ready to accomplish |
| 1:07.6 | something real for the American worker. |
| 1:10.1 | Ooh the Democrats were mad about that. That was Sean O'Brien, the president of the |
| 1:17.5 | Teamsters Union on Monday when he became the first Teamster leader to ever address the RNC. |
| 1:25.0 | Now, it is important to note that the Teamsters did not endorse Trump, |
| 1:28.5 | and they haven't endorsed a presidential candidate yet, |
... |
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