4.6 • 29.8K Ratings
🗓️ 25 July 2025
⏱️ 28 minutes
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0:00.0 | Hey, Alex here. Do you live in the New York area? If so, come see Planet Money Live, August 18th at the Bell House in Brooklyn. There'll be a bunch of us there from Planet Money in The Indicator, and if you buy early access tickets, you can hang out with us before the show. We're putting together a blend of storytelling, guests, and a tribute to unsung economic heroes. Alexi might be in costume. It's going to be |
0:23.1 | a mix of different things designed to be a celebration, a fun night out that is also about |
0:28.6 | economics and asks big questions like, what should the government do to make us all richer and |
0:34.1 | life more affordable? This is a taping for part of the finale for summer school and will crown a valedictorian. |
0:40.8 | There'll be a quiz and trivia segment that you can be a part of, so you might end up on the podcast. |
0:46.3 | Buy your tickets at npr.org slash planetmoney live. |
0:50.2 | That's npr.org slash planet money live. |
0:53.5 | You can do it right now on your phone. |
0:55.4 | Here's the show. |
0:56.8 | This is Planet Money from NPR. |
1:02.2 | I live in Pittsburgh, Steel City, and for more than a year, I've been inundated by ads from the company U.S. Steel, like this one. |
1:10.0 | Welcome to Irvine Works, just one of three U.S. steel plants here in the Mon Valley. |
1:14.6 | I'm fourth generation steel. I'd like it to remain here. |
1:18.3 | The American steel industry is not what it used to be. |
1:21.7 | There were once dozens of steel plants employing many thousands of people. |
1:25.9 | Now, they employ just a few thousand. |
1:29.0 | And a year and a half ago, the company announced it was going to be sold. And not to an American |
1:34.3 | company, to a foreign company, a Japanese company. And U.S. Steel said, this is a great thing for us, |
1:40.6 | a lifeline. Otherwise, we will have to shut mills down. So, these ads are full of |
1:46.4 | hard hat-wearing steelworkers trying to convince viewers that this sale was the right thing. |
1:52.6 | Towns like ours. Restaurants like this one. All depend on the plants running. Let's get it done. |
2:00.8 | U.S. Steel and Neon Steel, the future of American Steel. |
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