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Why don’t we know when the U.S. will run out of money?
May 25, 2023

Why don’t we know when the U.S. will run out of money?

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All the number crunching on government spending and revenue makes determining an exact date kinda fuzzy. Plus, more high school students are rethinking the value of a college degree.

Segments From this episode

When will the U.S. run out of money? It’s tough to say.

May 25, 2023
Predicting the exact timing of a government default is difficult, given the amount of the variability in government spending and revenue.
Even Treasury Secretary Janet Yellen admitted it’s hard to be exactly sure when a default could happen.
Alex Wong/Getty Images

Where does the US credit rating come from?

May 25, 2023
Atsi Sheth from Moody's gives us a behind the scenes look into the company's ratings process.
"In the most basic terms, a credit rating is really an opinion on the credit quality of any entity that borrows on the debt capital markets," said Atsi Sheth at Moody's Investors Service.
Emmanuel Dunand/AFP/Getty Images

Writers strike means this costume coordinator's job has to wrap, for now

May 25, 2023
"It is eerily similar to a regular production wrap," says Kenya Morgan. "Only, as I coined it last week, this is the rehearsal wrap."
Kenya Morgan worked as a costume coordinator on "Black Panther: Wakanda Forever."
Christian Thompson/Disneyland Resort via Getty Images

What does the decline in corporate profits say about the economy?

May 25, 2023
Profits fell for the second quarter in a row, partly due to Fed rate hikes. Whether it’s a good thing depends on your role in the economy.
Profits are falling, but the stock market is "not freaked out," says Bruce Sacerdote of Dartmouth.
Timothy A. Clary/AFP via Getty Images

The price of copper is an economic indicator, and right now, it's falling

May 25, 2023
The problem? Too little demand, too much supply. Rising interest rates are also contributing to weaker demand around the world.
Over the past six weeks or so, the price of copper has fallen more than 10%, indicating a slowdown for the economy.
Denis Charlet/AFP via Getty Images

After high school years interrupted by COVID, students calculate the cost of college differently

May 25, 2023
This spring, there were 14.2 million undergraduates in the U.S., about 9% fewer than in spring 2019.
This spring, there were 9% fewer undergraduate students in the U.S. than there were in spring 2019.
Brandon Bell/Getty Images

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I