Explain It to Me24 Nov 2021

Biden’s $3.40 a gallon problem

Dylan, Jerusalem, and Dara talk about the specific kind of inflation that’s roiling American politics: the heightened price of gas. They discuss how and why gas prices have shot up in recent months, and what it means for Joe Biden’s popularity and presidency. Plus, a white paper about the most important labor market of all: the global market for soccer (excuse me, football) players. References: Biden’s strongly worded letter on gas prices Biden is tapping the strategic petroleum reserve Reuters on why gas prices are high Why OPEC isn’t lowering gas prices Eric Levitz on what Biden should do to combat inflation The correlation between Biden’s popularity and gas prices Lasting Impacts of a Gas Price Shock during Teenage Driving Years Voters who drive a lot are likelier to vote based on gas prices Presidential approval is historically strongly affected by gas and food prices (and not due to media coverage) The collapse of New England’s Transportation and Climate Initiative White paper: “Does Employing Skilled Immigrants Enhance Competitive Performance? Evidence from European Football Clubs” Mo Salah reduced prejudice Newcastle Football Club controversy Hosts: Dylan Matthews (@dylanmatt), senior correspondent, Vox Jerusalem Demsas (@jerusalemdemsas), policy reporter, Vox Dara Lind (@dlind), immigration reporter, ProPublica Credits: Sofi LaLonde, producer & engineer Libby Nelson, editorial adviser Amber Hall, deputy editorial director of talk podcasts Sign up for The Weeds newsletter each Friday: vox.com/weedsletter Want to support The Weeds? Please consider making a donation to Vox: bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

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