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Political dysfunction dents the U.S. credit rating

Political dysfunction dents the U.S. credit rating

FromMake Me Smart


Political dysfunction dents the U.S. credit rating

FromMake Me Smart

ratings:
Length:
14 minutes
Released:
Aug 3, 2023
Format:
Podcast episode

Description


The credit rating agency Fitch bumped the United States’ credit rating down a notch this week despite the country’s strong economic performance. We’ll hear what Treasury Secretary Janet Yellen had to say about it and get into why political dysfunction is at the root of the downgrade. Plus, why a carbon-free future likely depends on nuclear energy. And what musical beat is the U.S. economy grooving to?

Here’s everything we talked about:










“New Georgia reactor shows benefits and costs of nuclear power” from Marketplace







“Yellen: Fitch downgrade ‘entirely unwarranted’ amid US economy’s strength” from Reuters







“New York Dems beg Biden to fast-track migrant work permits” from Politico







“Inhumane conditions reported at large migrant shelter in New York City” from NPR







“The economic anthem of the moment depends on how you read the data” from Marketplace







We want to know what you’d pick as the economic anthem of the moment! Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.
Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.
Released:
Aug 3, 2023
Format:
Podcast episode

Titles in the series (100)

Each weekday, Marketplace’s Kai Ryssdal and a guest make today make sense. Along with our supersmart listeners, we break down happenings in tech, the economy and culture. Every Tuesday we bring on a guest to dive deeper into one important topic. Because none of us is as smart as all of us.