Plain English with Derek Thompson25 Feb 2025

'How Progressives Froze the American Dream' (Live)

If you had to describe the U.S. economy at the moment, I think you could do worse than the word stuck. The labor market is stuck. The low unemployment rate disguises how surprisingly hard it is to find a job today. The hiring rate has declined consistently since 2022, and it's now closer to its lowest level of the 21st century than the highest. We’re in this weird moment where it feels like everybody’s working but nobody’s hiring. Second, the housing market is stuck. Interest rates are high, tariffs are looming, and home builder confidence is flagging. The median age of first-time homebuyers just hit a record high of 38 this year. Finally, people are stuck. Americans don't move anymore. Sixty years ago, one in five Americans moved every year. Now it’s one in 13. According to today’s guest, Yoni Appelbaum, the deputy executive editor of The Atlantic, the decline of migration in the U.S. is perhaps the most important social fact of modern American life. Yoni is the author of the latest cover story for The Atlantic, "How Progressives Froze the American Dream," which is adapted from his book with the fitting title 'Stuck.' Yoni was our guest for our first sold-out live show in Washington, D.C., at Union Stage in February. Today, we talk about the history of housing in America, policy and zoning laws, and why Yoni thinks homeowners in liberal cities have strangled the American dream. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Yoni Appelbaum Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(405)

The Single Smartest Case Against AI Doom

With new breakthroughs in math and biology alongside reports of AI agents escaping and hacking systems, suffice it to say AI has had an interesting few weeks. How worried should we be about it all? D...

25 Sep 1h 1min

The Truth About Mississippi's Education "Miracle"

Education outcomes have been getting worse across much of the world, with reading and math scores falling to historic lows. The U.S. has seen some of the steepest declines in decades. But, why does ...

18 Sep 56min

Why Experts Keep Getting the Economy So Wrong

Expert economists keep making predictions about America’s financial future, and those predictions keep being … wrong. Over the past few years, we’ve heard warnings about a recession, inflation, tariff...

15 Sep 58min

What’s the Point of College?

Trust in American higher education is near a historic low. Tuition has soared, and the payoff for a college degree is now in question as graduates face a weird and challenging job market. Simultaneous...

11 Sep 56min

The New Book That Scares Big Tech

In the late 19th century, a railroad boom fueled by easy money, speculative investment, and new technology helped kick off one of the worst financial crises in American history. Sound kind of familiar...

8 Sep 59min

AI Slop Is Breaking the Internet. Can We Save It?

So many people seem to hate AI, and it’s not just because it might displace millions of jobs, destroy the world, or deepen distrust in big corporations and government. The reason might actually be sim...

1 Sep 56min

Why Everything Is Going to Keep Getting More Expensive

For much of the 21st century, the U.S. economy was built around cheap money. Today, though, interest rates are rising, and borrowing is getting much more expensive. At the same time, the federal gover...

25 Aug 41min

Higher Education’s Age of ‘Insufferable Hypocrisy’

It would be an understatement to say that higher education is in crisis, as it faces attacks from both the current presidential administration as well as issues of its own making, like diversity polit...

18 Aug 1h 2min