The U.S. economy that just keeps on chugging

1 big thing

Axios

News

4 • 2K Ratings

🗓️ 13 June 2023

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

There's been a lot of worry about the U.S. economy for months, but things really haven’t fallen apart, at least not yet. We get a reality check on the state of the economy. Plus, why some states are banning Chinese homebuyers. And, more than a million people are being pushed off Medicaid rolls. Guests: Axios' Han Chen, Neil Irwin, and Adriel Bettelheim. Credits: Axios Today is produced by Niala Boodhoo, Alexandra Botti, Fonda Mwangi, Robin Linn and Alex Sugiura. Music is composed by Evan Viola. You can reach us at [email protected]. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go deeper: "Timex economy" just keeps on ticking States seek to bar Chinese citizens from buying homes More than 725K pushed off Medicaid rolls by redeterminations Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Kraken Pro, with all new trading features and a fully
0:05.4	customizable interface.
0:06.9	It's Kraken's most powerful crypto trading platform, well, ever.
0:10.6	Head to pro.krakken.com and trade like a Pro.
0:13.8	Cryptocurrencies are unregulated in the UK.
0:16.0	Profits may be subject to capsule gains tax and the value of cryptocurrencies can go down
0:19.7	or up.
0:26.5	It's Tuesday, June 13th.
0:29.2	I'm Nyla Boudou.
0:30.2	Today on the show, more than a million people are pushed off Medicaid roles.
0:34.7	Plus, why some states are banning Chinese home buyers.
0:38.6	But first, the U.S. economy that just keeps on chugging.
0:42.2	That's today's one big thing.
0:47.2	There's been a lot of worry around the U.S. economy for months, but things haven't
0:51.4	really fallen apart yet.
0:53.5	Exorcist Neil Irwin is here to give us a reality check on how the economy is doing.
0:57.7	Hi, Nyla.
0:58.7	Hi, Nyla.
0:59.7	Nyla, since the start of this year, mortgage rates have more than doubled.
1:02.7	Some banks have failed.
1:04.1	Tech company evaluations have plunged.
1:06.4	What's your temperature check, though, on the current state of our economy?
	...

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