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Apr 3, 2017

04/03/2017: New Deal lessons for the Trump administration

President Trump’s $1 trillion infrastructure plan is still in the nascent stages, but it’s a key part of his promise to create millions of jobs. Once upon a time, infrastructure was this country’s job. After the Great Depression, the government put millions of Americans to work building stuff. We’ll look back at that history and what lessons it might hold for Trump’s ambitious infrastructure plan. Plus: Auto earnings, Trump’s visit from Xi Jinping and an exit interview with Fed Gov. Daniel Tarullo.

At the Shasta Dam construction site, "high-scalers" hang from ropes on steep cliffs with jackhammers. It was one of the most dangerous jobs and workers who did it were compensated more highly than ordinary laborers.
courtesy U.S. Bureau of Reclamation

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Segments From This Episode

When Public Works employed millions
by Sarah Gardner
courtesy U.S. Bureau of Reclamation
Mass unemployment during the Great Depression led to hundreds of thousands of infrastructure projects all over America.
Tesla’s market capitalization is now greater than Ford’s
by Adam Allington
Some interesting news in the automotive space today: Tesla, the maker of high-end electric cars, has now surpassed Ford in terms of market capitalization (the total value of all outstanding shares). It seems investors are betting big that Elon Musk can meet growth targets ahead of the much-anticipated release of the Model 3 sedan later this […]
But wait, there’s more! Ronco now wants to sell you company shares
by Jed Kim
Photo by Express/Getty Images
The enterprise that brought you the Chop-o-Matic is offering 5 million slices of the business.
President Trump prepares for ‘difficult’ talks with China’s Xi Jinping
by Marielle Segarra
China’s President Xi Jinping will have talks with President Trump on Thursday at the Mar-a-Lago resort in Florida. Last week, Trump tweeted that the meeting would be “very difficult.” The U.S. has a $347 billion trade deficit with China. In the election campaign, Trump also threatened to label China a “currency manipulator,” a designation that could […]
Outgoing Fed Gov. Daniel Tarullo says cyber security is top on his list
by Kai Ryssdal
Win McNamee/Getty Images
'It's just a much stronger financial system,' he says, than nine years ago.

Music from the episode

President Trump’s $1 trillion infrastructure plan is still in the nascent stages, but it’s a key part of his promise to create millions of jobs. Once upon a time, infrastructure was this country’s job. After the Great Depression, the government put millions of Americans to work building stuff. We’ll look back at that history and what lessons it might hold for Trump’s ambitious infrastructure plan. Plus: Auto earnings, Trump’s visit from Xi Jinping and an exit interview with Fed Gov. Daniel Tarullo.

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04/03/2017: New Deal lessons for the Trump administration

Subscribe:

Segments From This Episode

When Public Works employed millions

Tesla’s market capitalization is now greater than Ford’s

But wait, there’s more! Ronco now wants to sell you company shares

President Trump prepares for ‘difficult’ talks with China’s Xi Jinping

Outgoing Fed Gov. Daniel Tarullo says cyber security is top on his list

Music from the episode