What Los Angeles can learn from Detroit about addressing homelessness

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 17 August 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Detroit has one of the nation’s highest poverty rates. Yet, it doesn’t have the same level of homelessness that Los Angeles has. So what gives? We’ll get into the almost-too-obvious reason: a lot more housing. Also, we’ll check in on one of Kai’s favorite topics — bonds — and explain what yields can tell us about today’s economy. And, a silver lining in the U.S. women’s national soccer team’s World Cup loss.

Here’s everything we talked about today:

- “Fresno, California, leads in downtown recovery” from Marketplace

- “Bond Yield Hits Highest Since 2008, Adding Pressure to Borrowing Costs” from The Wall Street Journal

- “The first female officer nominated to the Joint Chiefs is stuck in Tuberville’s military promotions blockade” from Politico

- “Why Detroit, America’s poorest city, doesn’t have an L.A.-sized homeless problem” from The L.A. Times

- “The Local-News Crisis Is Weirdly Easy to Solve” from The Atlantic

- “The Matildas and the World Cup Crack Australia’s Code Wars” from The New York Times

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.

Transcript

Click on a timestamp to play from that location

0:00.0	Well, I'm ready. I'm ready. All right, let's go. Let's go. Let's do it. Let's do it.
0:09.7	Hey, everybody. I'm Kai. Rizzo. Welcome back to Make Me Smart. Where we make the day make sense. It is
0:14.4	what is today? The 16th of August. It's a Wednesday. Nova Sappho is here because Kimberly's
0:19.4	off running around the Himalayas. Hi, Nova. Himalayas. Wow. Yeah, it's good to be with you as stepping
0:24.2	in for Kimberly, although I was I was stepping in with her for her in the Himalayas. No joke.
0:31.8	But I'll take it. No joke. Yeah. Hanging out with you is a very, very nice second prize.
0:38.4	Oh, you're too kind. You are too kind. Why are you in LA, by the way, because we should say
0:43.3	you're usually up in Fresno. We'll brought you down. We'll brought you down to the big
0:46.0	thing. Yeah. I was I headed to San Francisco last week. So I needed to drop off the pups with
0:52.1	the parents in LA. And I came back and stuck around. I was off on a reporting trip last week.
0:57.6	So it's part of the logistics of having to travel for work. Fair enough. Let's get the plug
1:04.3	in here, actually. If you did not hear the marketplace morning report the last couple of days.
1:09.7	I forget exactly. I went in a Monday, Tuesday. Nova did a story from Fresno on Monday in San
1:16.0	Francisco on Tuesday, the varying fortunes of downtowns in the state of California. And they
1:22.6	were great. I learned a ton, which is always good. And it was they were really well done and well
1:27.6	edited and well produced. So put them on the show page. They're also on the marketplace homepage.
1:32.8	But the marketplace homepage can be tricky to find stuff on. So we'll put them on our show page.
1:36.5	All right. Well, I do appreciate that because they were really good. Thank you. You bet.
1:40.6	All right. So let's we'll do some news. We'll do some smiles. And then we shall move
1:44.9	merrily along. What do you have? No, what do you got? Oh, I go first fabulous. So I got a story
1:50.7	from the Los Angeles Times, Ray reporter Noah Bierman just to give a plug out to the reporter there.
1:55.8	And he was really fascinating to me because it compared homelessness and Los Angeles with
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.