What’s the deal with ESG and the GOP?

Make Me Smart

Marketplace

News, Business

4.6 • 5.5K Ratings

🗓️ 12 January 2023

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Some Republican politicians are attacking environmental, social and governance investing strategies. One listener is wondering what the fight is really about. We’ll explain. Plus, are crypto losses tax deductible? And we’ll answer more of your questions about whether more immigration can help tame inflation, and developing vs. developed countries.

Here’s everything we talked about today:

- “Crypto tax guide” from Fidelity

- “Are FTX Losses a Tax Write-Off? IRS Deduction Advice” from Bloomberg

- “Who are the developing countries in the WTO?” from WTO

- “Human Development Index” from the United Nations Development Programme

- “Florida, DeSantis yank billions in investments from ‘woke’ BlackRock over ESG investing” from USA Today

- Republicans Ramp Up Anti-ESG Campaign for 2023 from Bloomberg

- “Fed Chair Finds Trump-Era Immigration Policies Still Harm Economy” from Forbes

- “Scoop: Biden administration plotting immigration reform in 2023” from Axios

- “A seemingly surprising factor in inflation? Immigration” from NPR

If you’ve got a question about the economy, business or technology, let us know. We’re at makemesmart@marketplace.org, or leave us a message at 508-U-B-SMART.

Transcript

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0:00.0	All right then, I guess it's time to go.
0:02.4	Hello, I'm Kimberly Adams.
0:10.7	Welcome back to Make Me Smart,
0:12.4	where we make today make sense.
0:14.3	Kai is out today, but joining me instead is
0:17.4	Marketplaces Janet Wynn. Welcome back, Janet.
0:20.2	Thanks, I'm so glad back.
0:22.6	It's good to be here on.
0:24.1	This is what you want to know Wednesday,
0:25.9	where we answer listener questions.
0:28.1	If you have a question about the economy,
0:30.7	business or tech, send it our way,
0:32.6	where at Make Me Smart at Marketplace.org,
0:35.2	or you can leave a voicemail at 5.08UB Smart.
0:39.0	Before we get into it, Janet,
0:41.4	are you also flooded out in California?
0:44.3	Yes, the storm has been hitting us hard.
0:48.0	No flooding in your house though, right?
0:50.2	No flooding here though.
0:52.1	Good stuff, good stuff.
0:53.7	Okay, now we can get to the questions,
0:55.3	the other questions.
	...

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