May 2, 2017

05/02/2017: Government shutdowns are never good for the economy

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The current mantra with President Trump seems to be look at what he does and not what he says. But words (and facts) matter, and this morning the president tweeted that America needs "a good 'shutdown' in September to fix mess!" The mess being, it's clear from the context, the trouble the White House is having getting its agenda through Congress. We can argue about how a shutdown might help or hurt the president's agenda, but there's no question it would be bad for the economy. Plus, we'll talk about #vanlife and the string of bad earnings reports for American car companies (they aren't related).

Segments From this episode

Stopping ICU delirium by getting patients moving

May 2, 2017
Doctor says the treatment plan makes a 'massive difference' to those in critical care.
Nurse Kim My, left, and physical therapist Cara Tabor in Parkland's Surgical Intensive Care Unit.
Lauren Silverman

Getting out of the office in Anchorage, Alaska

May 2, 2017
After more than three decades at architectural firms, Clark Yerrington decided it was time to go it alone.
A light rainbow hits the water as a surfer waits to catch the Bore Tide at Turnagain Arm in Anchorage, Alaska.
Streeter Lecka/Getty Images

The high cost of government shutdowns

by
May 2, 2017
Besides furloughed workers, there are consequences for the broader economy.
Senate Majority Leader Mitch McConnell, flanked by senators Cory Gardner (R-CO), far left, John Barrasso (R-WY), left, and  John Thune (R-SD), right, discusses the recent spending bill that averted a government shutdown after the weekly policy luncheon on Capitol Hill today.
Aaron P. Bernstein/Getty Images

A sales slump for cars can mean deals for buyers

May 2, 2017
Car sales in the U.S. are down, compared to last year, for the fourth straight month. That’s largely across the board. Ford, GM, Fiat-Chrysler and Toyota all reported lower sales. That means the bonanza that the auto industry has been enjoying for the past several years may be cooling off. That means dealership lots are […]

The real story behind all those #Vanlife photos on the internet

May 2, 2017
Writer Rachel Monroe says it’s a phenomenon 'born out of the recent recession.'
“This lifestyle is appealing to people because it's cheap and because they don't have a lot of options for settling down and building a solid life,” said Rachel Monroe, who wrote about the #vanlife phenomenon for The New Yorker.
CHRISTOF STACHE/AFP/Getty Images

Individual retirement accounts aren’t attracting enough of the right individuals

May 2, 2017
IRAs were created to give people without employer-sponsored retirement plans a tax-free incentive to save.

What happened when an industry-friendly EPA leader in the '80s went too far

May 2, 2017
Anne Gorsuch's goal was to rein in the young agency during the anti-regulatory Reagan era.
In 1981, Ronald Reagan tapped conservative Anne Gorsuch to run the EPA. She oversaw a one-quarter budget cut at the agency, and enforcement cases by investigators plummeted.
Justin Sullivan/Getty Images

The current mantra with President Trump seems to be look at what he does and not what he says. But words (and facts) matter, and this morning the president tweeted that America needs “a good ‘shutdown’ in September to fix mess!” The mess being, it’s clear from the context, the trouble the White House is having getting its agenda through Congress. We can argue about how a shutdown might help or hurt the president’s agenda, but there’s no question it would be bad for the economy. Plus, we’ll talk about #vanlife and the string of bad earnings reports for American car companies (they aren’t related).

Music from the episode

Hey Ma Cam’ron, Juelz Santana, Freekey Zeekey, Toya
Smiley - Instrumental Asheru and Blue Black of The Unspoken Heard
Changes 2Pac, Talent
Fredag Dungen
Cars Gary Numan