Economics & Economy

Will Congress reconcile the GOP tax bill?

Dec 8, 2017

Sheelah Kolhatkar from the New Yorker and Kate Davidson from the Wall Street Journal join us to talk about this week’s business and economic news. They touch on the latest numbers out of the Labor Department released this morning and discuss the potential effects of the Republican tax bill on everyday Americans and big business. Kolhatkar and Davidson also talk about the process that the GOP tax bill has gone through and whether the House and the Senate can successfully reconcile their versions of the bill.

His father fled China and rode the escalator of globalization

Dec 8, 2017

Scott Tong's father escaped communist China on the first of two boats. The second boat sank. Thus began his journey to America and better life. He went to college, became an engineer and landed his dream job at IBM. He climbed the "escalator" of globalization and lived what has become the quintessential story of a successful immigrant. Tong himself went on to become a correspondent for Marketplace. But, as he writes in his new book, his father had a brother who wasn't so fortunate.

A Federal Government shutdown has been averted, for now. So what’s next for Washington after the tax overhaul gets done? Well, according to multiple reports out today, it’s infrastructure. The president is expected to release his long-awaited infrastructure plan in January. But the tax bill has some elements that have infrastructure experts concerned. 

Click the audio player above to hear the full story. 

Is 18 to 34 still the most coveted demographic?

Dec 8, 2017

I turned 35 on Monday. And sure, getting older sucks. But it’s not my hair thinning that gets me, or that thing with my knee. The real existential gut punch of it all is that on Monday, I aged out of the coveted 18-to-34 demographic.

For decades, the 18-to-34 age group has been considered especially valuable to advertisers. It’s the biggest cohort, overtaking the baby boomers in 2015, and 18 to 34s are thought to have money to burn on toys and clothes and products, rather than the more staid investments of middle age.

Christmas has always been about consumption

Dec 8, 2017

Holidays, Brought to You By is our series about all the stuff that’s become part of the culture and of the economy. Where did they come from and who thought of them?

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