Do we really want to get back to a pre-pandemic economy?
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Also on today's show: a look at the child care industry issues weighing on workers and parents, and how a variable minimum wage could work.
Segments From this episode
GDP grows at fastest rate since Reagan era, but there's still pain
Economists expect the U.S. to surpass the GDP we’d have seen if COVID-19 hadn’t happened. But many still wait for jobs to come back.
Why is child care so expensive in the United States?
It's labor intensive, and caregiver wages are most of the cost. Still, workers, mostly women of color, make "near-poverty wages."
Reparations fund will help Black women build houses — and wealth
A Baltimore church that worked against Black homeownership is now investing in it.
Housing is hot, and LA mortgage broker sees no sign of a slowdown
Vivian Gueler of Pacific Trust Group says demand for housing in Los Angeles is outpacing supply, thanks largely to low interest rates.
Could the federal minimum wage vary by the regional cost of living?
A listener writes: "If you make the minimum wage $15/hour, it’s not enough in New York and it’s way too much in Peoria. Would it be possible to tie the minimum wage to the cost of living?"
Music from the episode
Lush Four Tet
You Got Me The Roots, Tariq Trotter, Erykah Badu, Eve
The World Is Ours Funky DL
Cuffed Nick Hakim
Preservation Wu-Tang Clan, Del The Funky Homosapien, Aesop Rock
Nancy Farghalli Executive Producer
Daisy Palacios Senior Producer
Maria Hollenhorst Producer
Sean McHenry Associate Producer