Jun 24, 2021
Uneven vaccine access is warping the global economy
Apu Gomes/AFP via Getty Images
Zanny Minton Beddoes, editor-in-chief of the Economist magazine, explains. Plus, we break down what's driving GDP growth in the U.S. (Hint: It's not the red-hot housing market.) And, a Supreme Court ruling in favor of California fruit farmers arguing that unions organizing on their property was an unconstitutional invasion. It opens the door to other employers who want to block oversight of their workplaces.
get the podcast
Segments From this episode
Q1 GDP increased at a 6.4% annualized rate. That's not because of the red-hot housing market, though.
A lot of it is because of consumers getting back out and spending, especially on services, said Diane Swonk, chief economist at Grant Thornton. “We’re seeing really strong gains in spending,” Swonk said, “the pivot from spending on everything for your home and exercise equipment and things to make it comfortable in quarantine. People want to see and be seen, and they’re spending everything from clothing and makeup and luggage to getting out and stepping out and traveling.”
Michael M. Santiago/Getty Images
Music from the episode
Myth Beach House
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Daniel Shin
Producer
Jay Siebold
Technical Director
Brian Allison
Engineer
Meredith Garretson Morbey
Senior Producer
Erika Soderstrom
Producer
Rose Conlon
Producer
Alex Schroeder
Producer
