Jun 28, 2017

06/28/2017: Drama in DC has economic costs

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If you can count on anything, it's that you can't count on Washington for anything right now. You've got inconsistent statements, intra-party squabbling, ambitious legislative goals with real policy differences and, oh yeah, a special prosecutor and a few congressional investigations. The potential economic costs really start to add up. Plus: We're on Day Two of another high-profile ransomware attack that's hit a bunch of shipping companies, law firms and other businesses. We'll try to sort out what's going on. Then: How'd so many of us end up getting health care from employers? You've always wondered.

Segments From this episode

Fearing deportation, families prepare custody paperwork

Jun 28, 2017
Parents living in the U.S. illegally are confronting the possibility they could be separated from their children.
Immigrant services staffers at a community center in Stamford, Connecticut, sign as witnesses after Ecuadorian parents signed a legal document giving custody of their children to friends in case they are deported .
John Moore/Getty

How Trump's political drama could hurt the economy

Jun 28, 2017
Investigations and turmoil have potential economic costs, experts say.
President Trump speaks at a rally on June 21 in Cedar Rapids, Iowa.
Scott Olson/Getty Images

How did we end up with health insurance being tied to our jobs?

Jun 28, 2017
It started with a national wage cap during WWII.
Three Lions/Getty Images

What the nightmare cybersecurity scenario looks like

Jun 28, 2017
This week's hack shows the potential for attacks targeting pipelines, oil rigs and transportation systems.
KIRILL KUDRYAVTSEV/AFP/Getty Images

Blue Apron’s price cut shows investors are wary of high-growth with no profit

Jun 28, 2017
The window is closing on Blue Apron’s IPO. The do-it-yourself meal-kit delivery service is going public tomorrow. Today they cut the initial price target for their shares by about a third. That puts the company’s valuation below the estimated $2.2 billion valuation in their last round of private venture capital funding. There are no inside […]

Indian businesses protest new tax system

Jun 29, 2017
Plans by Indian Prime Minister Narendra Modi to reform the nation’s tax system have sparked fiery protests across the country. For the first time, many small traders must pay tax. Businesses say they aren’t ready for the new system, which goes into effect this weekend. The government maintains the overhaul is needed to finance infrastructure […]

If you can count on anything, it’s that you can’t count on Washington for anything right now. You’ve got inconsistent statements, intra-party squabbling, ambitious legislative goals with real policy differences and, oh yeah, a special prosecutor and a few congressional investigations. The potential economic costs really start to add up. Plus: We’re on Day Two of another high-profile ransomware attack that’s hit a bunch of shipping companies, law firms and other businesses. We’ll try to sort out what’s going on. Then: How’d so many of us end up getting health care from employers? You’ve always wondered.

Music from the episode

Thank You Ko Eunbit
Pistol Pump Funk Argonaut & Wasp
What Do You Mean? Justin Bieber
Poison Bell Biv DeVoe