The economy & politics – from waaaaay outside the beltway. Marketplace looks at what matters most to Americans, and why the frame of "insiders vs. outsiders" says more than the stale divisions of "left vs. right" and "big government vs. small." From American Public Media. Visit Marketplace.org for more, or find us on Twitter, we're @marketplace
Predicting Sean Spicer as White House Press Secretary
Kai and Andrea discuss if D.T.S. (drain the swamp) is D.O.A. and how appointed press secretary Sean Spicer will handle his role between government and media. Subscribe to our Marketplace's podcasts at marketplace.org/podcasts or send us an email: [email protected].
12/22/2016 • 9 minutes, 45 seconds
The rise of the deficit hawks
Kai and Andrea discuss what the appointment of Mick Mulvaney will mean for the federal budget, and how Trump's Inaugration celebration is shaping up. Got questions about politics and the economy? Send an email to [email protected] or let us know on Twitter, @Marketplace, @KaiRyssdal and @radiobabe.
12/19/2016 • 12 minutes, 45 seconds
'No formal chain of command'
Kai and Andrea discuss what positions are left on Trump's economic team and what Trump meant when he told the country's tech leaders that his team has "no formal chain of command." Got questions about politics and the economy? Send an email to [email protected].
12/16/2016 • 11 minutes, 53 seconds
The first hundred days
Kai and Andrea talk Obama's recess appointments, the future of the filibuster in Congress (or, why Democrats may have shot themselves in the foot for the next four years) and why the stock market continues to rise. Got questions about politics and the economy? Send an email to [email protected].
12/15/2016 • 17 minutes, 14 seconds
A little less punch at the economic party
While investors have their eyes trained on the Federal Reserve, the political world is looking at something else — four gold elevators. Kai and Andrea talk interest rates, Trump's latest Cabinet picks, and which nominees the Democrats may try to block. Got questions about politics and our economy? Send us a note, email [email protected].
12/14/2016 • 16 minutes, 26 seconds
Liberal, conservative or something else
This past election has us wondering whether our political parties make sense anymore. We asked you to come up with new terms to describe your politics, and boy, did you deliver. Kai and Andrea talk to two listeners who are trying to break free from left vs. right and do something radical — listen.
12/13/2016 • 12 minutes, 27 seconds
What's the big deal about Goldman Sachs?
President-elect Donald Trump names Goldman Sachs exec Gary Cohn as the head of the White House National Economic Council. Is banking experience an asset or a detriment when it comes to economic policy? Plus, Kai and Andrea discuss Trump taking aim at Lockheed Martin's F-35 fighter jet costs. Got a question about economics over the next four years? Send them over to @marketplace, @KaiRyssdal and @radiobabe.
12/12/2016 • 14 minutes, 29 seconds
A steelworker's economy
On today's show, we hear from St. Louis, Missouri and Granite City, Illinois — two cities, separated by one river, with drastically different views on Trump. Plus, is it time for a new political vocabulary? Are you a liberal, conservative, populist, or something else? Tell us the terms you use to identify yourself, we're @marketplace, @KaiRyssdal, and @RadioBabe.
12/9/2016 • 21 minutes, 9 seconds
Carl's Jr. and the Department of Labor
Trump is expected to tap Andy Puzder, a fast-food CEO, to head up the Labor Department. Kai and Andrea break down his views on robots, wages, and overtime pay. Plus, the impact of Trump's tweets on our economy.
12/8/2016 • 14 minutes, 11 seconds
Let's get ready to rumble
We've got new appointments for the Environmental Protection Agency, the Small Business Association, and ambassador to China. Kai and Andrea talk about Trump's latest picks, where they come from, and how they could shape policy for the next four years.
12/7/2016 • 10 minutes, 29 seconds
Trump vs. Boeing and the real cost of Air Force One
Donald Trump says the U.S. is paying too much for its Air Force One program. Kai and Andrea talk with Gregory Sanders of the Center for Strategic and International Studies about what makes Air Force One so expensive and what Trump's tweets may tell us about his views on defense spending.
12/6/2016 • 13 minutes, 9 seconds
Trump's 35% tax
Over the weekend, Trump called for a 35 percent tax on products sold by any U.S. business that moves jobs out of the country. Kai and Andrea discuss Trump's proposal and what it would take for him to get it done. Got questions about politics and your economy? Tweet them to us @Marketplace, @KaiRyssdal, and @RadioBabe.
12/5/2016 • 11 minutes, 27 seconds
The economy that Trump inherits
New numbers out this week point to a strengthening U.S. economy. The unemployment rate is at its lowest since the Great Recession and economic growth is ticking up. How will Trump's administration build on this? Kai and Andrea take stock of the recovery and Trump's latest Cabinet pick, retired Marine General James Mattis. Got questions about the transition, who's in and who's out? Tweet them to us @Marketplace, @KaiRyssdal and @RadioBabe.
12/2/2016 • 13 minutes, 22 seconds
Politics mailbag: Ethics, market reactions and the Fed
Kai Ryssdal and Andrea Seabrook answer your questions on conflicts of interest, stock market reactions and what to expect from the Federal Reserve over the next four years. Got questions about the election aftermath, Trump's first 100 days or the future of the American economy? Tweet them to @Marketplace, @kairyssdal or @RadioBabe.
12/1/2016 • 15 minutes, 18 seconds
Trump's economic vision comes into shape
Billionaires Steven Mnuchin and Wilbur Ross have been appointed Treasury and Commerce Secretary by President-elect Trump. Carrier Air Conditioning announces it will keep 1,000 jobs in Indiana after originally planning to move them to Mexico. Kai Ryssdal, Marketplace's Washington Bureau Chief Andrea Seabrook and Bloomberg's Brendan Greeley discuss what that will mean for the next four years of Trump-onomics. Got questions about the economy under a Trump presidency? Tweet them to us: @Marketplace, @KaiRyssdal and @radiobabe.
11/30/2016 • 14 minutes, 55 seconds
Another day, another round of Cabinet picks from Trump
Another day, another round of Cabinet picks from President-elect Trump. Kai Ryssdal and Marketplace's Washington Bureau Chief discuss what the appointments of political veterans Tom Price, Elaine Chao and Seema Verma and a possible choice of Mitt Romney for Secretary of State mean for the political outsider-elect. Got questions about the economy under a Trump presidency? Tweet them to us @Marketplace, @KaiRyssdal and @radiobabe.
11/29/2016 • 16 minutes, 49 seconds
The echo chamber and Trump's circle of advisors
A look at the failed Bay of Pigs invasion of Cuba, the resulting Cuban Missile Crisis, and good news/bad news situation of inexperience in executive office.Got questions about the economy under a Trump presidency? Tweet them to us @Marketplace, @KaiRyssdal and @radiobabe.
11/28/2016 • 12 minutes, 16 seconds
Trump lays out his economic agenda
President-elect Donald Trump outlines his plans for the first 100 days backed by "a simple core principle, putting America first." Kai Ryssdal and Washington Bureau Chief Andrea Seabrook discuss how a Trump Administration can follow up on its promises of bringing jobs back stateside.
11/22/2016 • 12 minutes, 26 seconds
Democrats hit the reset button
Incoming Senator Minority Leader Chuck Schumer looks to rebuild the Democratic party, and Ohio Rep. Tim Ryan looks to unseat Nancy Pelosi as House Minority Leader. Both agree there's a place for blue-collar workers in the Democratic Party.Got questions over the economy over the next four years? Tweet them at @Marketplace, @KaiRyssdal and @radiobabe.
11/21/2016 • 16 minutes, 31 seconds
Repeal and replace, but with what?
President-elect Donald Trump promised to "repeal and replace" Obamacare during his campaign. Now he's saying he may keep some parts of the law. We take a look at what could stay, what might go, and what's too soon to tell.
11/18/2016 • 13 minutes, 48 seconds
Trump's Ohio and the global economy
Globalization can feel like an abstract force, or it can feel much more personal. Today, we've got the view from Dayton, Ohio. Plus, a look at the nitty-gritty of tax reform. As always, send us your questions about the economy and how it's changing post-election.
11/17/2016 • 16 minutes, 51 seconds
Infrastructure, infrastructure, infrastructure
We got a few questions about how Trump's infrastructure plan could get through a Republican-controlled Congress:Mike Rodgers asked, "since history indicates republicans don't want to fund anything, what's that mean for trumps ideas?"Justin Taylor asked, "how long will it take to get a $1 tril #infrastructure bill written, passed, signed, and get projects started, & $ flowing?"Marketplace's Washington D.C Bureau Chief Andrea Seabrook joins the show to discuss those questions and the Democratic Party's playbook the next four years.Got questions over the economy over the next four years? Tweet them at @Marketplace.
11/16/2016 • 11 minutes, 50 seconds
Is fiscal responsibility out the window?
You guys had some questions about how Congress will work with a Trump presidency and whether fiscal responsibility will be out the window over the next four years.We're tackling some of that today on the podcast starting with listener Jim Gordon, who asked: "How much can Trump directly affect policy with existing checks and balances? Will we see interest rates rise?"Here's Washington Bureau Chief Andrea Seabrook:One of the things we've been talking about in our editorial meetings is that the one area that Donald Trump really negotiated or consulted even with Republican leadership in the House and Senate was on economic policy, specifically taxes and spending. And so in many ways the Donald Trump tax policy mirrors the Paul Ryan tax policy, and there's a good reason he did that. Paul Ryan is a policy wonk, he is the head of the House of Representatives, and anything that is going to happen, speaking of checks and balances, on economic policy when it comes to major spending and tax changes, has to go through the House of Representatives. Budget bills must be originated in the House of Representatives, they can't even be originated in the Senate. It is the power of the purse, which is a big power in this country.Got questions about the election aftermath, Trump's first 100 days or the the American economy over the next four years? Tweet them at @Marketplace, @kairyssdal or @RadioBabe.
11/15/2016 • 14 minutes, 12 seconds
Trump's trillion-dollar infrastructure bill
It's President-elect Trump Day 6, but who's counting? On Sunday, Trump announced Reince Priebus as White House Chief of Staff and Stephen Bannon as Chief Strategist. Marketplace's DC Bureau Chief Andrea Seabrook explains the reaction from Washington:First of all, oh my gosh. If Wednesday was a shocker for the entire Washington politician universe, having Reince Preibus move in as the Chief of Staff, it's a big shock. The man has been on the outs of the Republican party for years now. This is the guy who shepherded out the establishment fundraising platform, even post-Citizens United. This is the guy who more or less scared away every donor. Maybe he was a harbinger of a Donald Trump presidency, because the Republican party has eaten itself alive for a lot of years and was thought to be eating itself alive in this election, until Donald Trump pulled out Wisconsin and Michigan, and now it's Reince Preibus in the White House? I think I've said this three times in this podcast, we woke up in Mars.One of the first agenda items discussed for Donald Trump's presidency has been a trillion-dollar bill for infrastructure. Seabrook is unsure if such a bill would have Speaker Paul Ryan's blessing:It's going to be incredibly difficult. At the same time that Donald Trump and lots of other people are talking about immense spending deals — I remember the gasp in the room when George Bush said $87 billion in investment — you talk about a trillion? I mean again, Mars. We should call this podcast, "Politics on Mars." At the same time that they're saying they want to do this, they're also saying they're going to cut down income tax brackets down to three, topping off at 33 percent, which is a lot lower than it is now. They're talking about cutting corporate tax rates. They're talking about all of these ideas to spend money, but to drain the Treasury at the same time through tax changes. That is not going to fly with people like Paul Ryan. Got questions about the election aftermath, Trump's first 100 days or the future of the American economy over the next four years? Tweet them to @Marketplace, @kairyssdal or @RadioBabe.
11/14/2016 • 12 minutes, 5 seconds
Trump's tricks of the trade
President-elect Donald Trump and Hillary Clinton were on the same page on one issue — infrastructure. But will Trump be able to convince Republican lawmakers to pony up a trillion dollars for his proposed plan? And if he does, how will the country pay for it?Marketplace's Washington Bureau Chief Andrea Seabrook says it puts the GOP in a bit of a quandary:For people like Paul Ryan and the traditional Republican Party that is in place for the House and Senate, this is not just a rhetorical shift. Their entire ideological base, the things they truly believe in, are based on not running up any more debt and deficit and shrinking government and frankly when you cut taxes, no matter how much they would like to do that and how much they believe in this idea that cutting taxes stimulates the economy, you drain the treasury. So how do they do it? I don’t know. I think there’s a very good case to be made that Donald Trump may be more fractious to the Republican Party than any Hillary Clinton or any other Republican candidate would’ve been.While Trump may have an uphill battle on spending, his hard-stance on trade seems to be working on some level already. Canadian Prime Minister Justin Trudeau says that he is now willing to begin talks to renegotiate NAFTA. But Seabrook says unwinding decades worth of trade negotiation policy isn't something that can be done with a pen. You can't just magically create jobs by magically changing NAFTA. It takes years for those things to change if they're going to change at all. I think we're going to have a really big reality check, at least for people who expect a lot from Donald Trump and for Donald Trump himself.Got questions about the election aftermath, Trump's first 100 days or the future of the American economy over the next four years? Tweet to @kairyssdal or @RadioBabe and we'll try and answer them.
11/11/2016 • 10 minutes, 44 seconds
Who wants a job?
On today's show, we're reading the exit poll tea leaves to see how different groups voted. Plus, President-Elect Donald Trump turns to filling out his cabinet. Traditionally, a Republican administration brings in Washington insiders and members of conservative think tanks, but Trump is far from a traditional Republican. Here's Marketplace DC Bereau Chief Andrea Seabrook:There's a really big difference between, conceptually, rhetorically, between slowly molding the economy that should be, which is what Hillary Clinton did, and saying, "the economy that is sucks for you [and] for us," which is what Trump said. I think that the people that have already lost that insiders-outsiders battle, who already don't have access, they're the ones who voted for Trump by and large.
11/10/2016 • 14 minutes, 39 seconds
The election hangover
President Barack Obama made one public prediction before the election: That the sun would rise on November 9 regardless of who won. What he didn't say was the sun would illuminate an America that's much different than many people thought it was. Marketplace's Washington Bureau Chief Andrea Seabrook breaks it down in the latest installment of "Politics Inside Out": There is so much about this election that is shocking for so many reasons– the polls, the media and this and that – but really what we need to look at it as is a reflection of ourselves. If there are that many people in our country who didn’t know that a huge center of our population feels completely disenfranchised – like it is outside of the whole system – well then that says something about the people who thought that. It says something about how much we are able to ignore. It says something about the privilege of thinking you’re sticking up for people who are disenfranchised but actually ignoring some sectors of that. And that’s not to say that the people who voted for Trump were the least fortunate among us, that’s certainly not true, but they are the people who have gained but have gained the slowest and have not been in many ways the focus of Wall Street or Washington or our culture for many years.
11/9/2016 • 12 minutes, 11 seconds
Goosebumps and tears on Hillary Clinton's big night
The Democratic National Convention wrapped up last night with a speech from the party's official nominee, Secretary Hillary Clinton. We checked in with delegates about what they wanted to hear from Clinton's speech, and again afterward to see if they got what they wanted. And we share our favorite recorded moments from the DNC in a friendly competition we've been calling our "audio smackdown."
7/29/2016 • 13 minutes
An evening of seersucker and 'malarkey'
Day three of the DNC served as a rebuttal to the pessimistic tone present at the RNC last week. President Barack Obama said that Americans embrace the future, rather than fear it, while Vice President Joe Biden described Donald Trump's ability to empathize with the middle class "a bunch of malarkey." Secretary Hillary Clinton also made a surprise appearance, sharing the stage with Obama. Plus, we asked convention attendees some questions from our listeners. One of the people who answered was dressed head to toe in seersucker — which could be an early sign of unity within the Democratic Party.