The Supreme Court today ruled to limit the ability of federal judges to issue nationwide injunctions blocking President Trump’s executive orders. The decision will have major implications for how businesses push back against federal policy in the United States. We’ll get into it. And, American consumers aren’t feeling too hot about the economy. How much do those feelings matter? Plus, we’ll play a round of Half Full/Half Empty! Here’s everything we talked about today: "Supreme Court sides with T...
Jun 27, 2025•22 min•Ep. 1414
The ceasefire between Israel and Iran appears to be holding for now. But as this conflict has played out, along with other ongoing wars around the world, it got us thinking: What does war even look like in 2025? In Ukraine, it looks like drone and missile attacks side-by-side with everyday life. On the show today, longtime international correspondent Deborah Amos joins us from Kyiv, Ukraine to talk about how modern warfare has changed. Here’s everything we talked about today: "Bank hacks, intern...
Jun 26, 2025•20 min•Ep. 1413
Many Americans are enduring a brutal heatwave this week. For those who work outside, the heat can be deadly. On today’s show, we’ll check in on a proposed heat safety law that would require employers to offer more breaks when the temperature rises above a certain threshold. Under the Trump administration, the law’s future is uncertain. And, the housing market can’t seem to break out of its slump. Plus, the lengths some Americans will go to score some Indian mangoes. Here’s everything we talked a...
Jun 25, 2025•16 min•Ep. 1412
The United States’ entanglement in Iran and Israel’s current conflict has a long, complicated history. Today we’re looking back at how it led up to the U.S. strikes on Iran over the weekend. Two major factors: Iran’s nuclear capabilities and economic sanctions, which the U.S. used to deter Iran’s nuclear program and to incentivize Iran to sign on to the 2015 nuclear deal. Rose Kelanic, director of the Middle East Program at Defense Priorities, explains some of the history behind tensions between...
Jun 24, 2025•24 min•Ep. 1411
Oil markets went into a state of panic after the United States launched strikes on Iranian nuclear facilities over the weekend, stoking fears that Iran could retaliate by closing the Strait of Hormuz. But Iran’s control over the key oil trade route may not be the economic weapon many think it is. We’ll explain. And, several provisions in the Republicans’ reconciliation bill haven’t made it through the so-called “Byrd Bath” and risk being axed from the legislation. Plus, did you know killer whale...
Jun 23, 2025•12 min•Ep. 1410
This week, we’ve looked at the budget reconciliation bill and its effects on student debt, taxes, health care and social programs. The bill is currently moving through the Senate. Today, we discuss the reconciliation bill and the national deficit. And we dig into other proposals such as AI regulation ban and private foundation taxes. Plus, we play a special budget round of Half Full/Half Empty. Here’s everything we talked about today: “AI moratorium sparks GOP battle over states’ rights” from Th...
Jun 20, 2025•29 min•Ep. 1409
Every day this week, we’ll take a look at the ripple effects of the budget reconciliation bill moving through Congress that would enact President Donald Trump’s agenda. Today, we focus on the bill’s impact on health care and social programs. We explain how the Senate’s version of the reconciliation bill cuts Medicaid more aggressively than the House of Representatives’ previous version. Then, we hear from a listener about how the bill’s Medicaid cuts could affect the hospitals they work with, pa...
Jun 18, 2025•15 min•Ep. 1408
Today, we take a deep dive into the provisions affecting small businesses and taxes in the “One Big Beautiful Bill,” which aims to enact President Donald Trump’s agenda. The bill passed the U.S. House of Representatives in May, and the U.S. Senate released its proposed version of the bill on Monday. The Senate’s draft upheld many policies from the House of Representative’s version, including cuts to the Supplemental Nutrition Assistance Program. We explain how the ripple effects of those cuts co...
Jun 17, 2025•12 min•Ep. 1407
Every day this week, we’re going to take a closer look at the “One Big Beautiful Bill,” which aims to enact President Donald Trump’s agenda. It proposes a tax cut and increased spending for border security and the military. It also includes cuts to health, nutrition, education and clean energy programs. Today, we explain the rules around what provisions can go into reconciliation bills, and where the bill currently stands in the legislation process now. Plus, we answer questions from listeners o...
Jun 16, 2025•14 min•Ep. 1406
The economic position of the baby boomer generation has long been the envy of younger ones in the United States. But the tides may be turning as the Trump administration seeks deep cuts to social benefits that older Americans rely on. We’ll get into it. And, Kimberly joins the show from the National Press Club in Washington D.C., to make us smarter about how the GOP’s reconciliation bill could impact the richest and poorest Americans. Plus, we’ll play a round of Half Full/Half Empty! Here’s ever...
Jun 13, 2025•18 min•Ep. 1405
More than 100 years after the Tulsa Race Massacre, the Oklahoma city’s mayor recently announced a $105 million reparations package to address the Massacre’s lasting impact. Marketplace’s Mitchell Hartman joins us on the show today to explain how we got here, and more from his reporting on economic injustice in Tulsa’s Greenwood neighborhood. Plus, we’ll get into what the new reparations package could mean for Black Tulsans and the push for reparations in other cities. Here’s everything we talked...
Jun 12, 2025•12 min•Ep. 1404
President Trump announced a new trade deal with China after days of negotiations. Here’s the thing: Trump’s tariffs on China will stay the same. So what did the two countries actually agree to? We’ll get into it. And, after Health Secretary Robert F. Kennedy Jr. fired a panel of experts that advises the Centers for Disease Control and Prevention on vaccines, doctors and insurance companies are wondering who they should look to for guidance. Plus, a life-sized stuffed moose on Capitol Hill makes ...
Jun 11, 2025•11 min•Ep. 1403
For decades, going to college has been seen as a reliable path to good jobs and economic success in the United States. But a recent Indeed survey reported that over half of Gen Z respondents beg to differ. As tuition prices continue to rise and the Trump administration takes aim at higher education institutions, is the way we view college changing? On the show today, Bryan Alexander, a higher education writer and senior scholar at Georgetown University, explains why college is still a worthy inv...
Jun 10, 2025•31 min•Ep. 1402
President Donald Trump deployed California National Guard troops to Los Angeles on Sunday, following demonstrations over the weekend protesting the Trump administration’s immigration crackdown. The decision was made without California Governor Gavin Newsom’s approval, and the state is now suing the “illegal and immoral” move. We get into all the potential ramifications of the uptick in immigration raids. Then, we discuss how people in other countries have coped with anti-democratic forces in the...
Jun 09, 2025•17 min•Ep. 1401
From our sponsor: Imagine if you could ask someone anything you wanted about their finances. On “What We Spend,” people from across the country and across the financial spectrum are opening their wallets — and their lives — to tell you everything: What they make, what they want, and — for one week — what they spend. “What We Spend” is available wherever you get your podcasts!
May 29, 2025•2 min
Hey Smarties! Make Me Smart is taking a short break while Kimberly and Reema cook up something good for you! In the meantime, we’re bringing you an episode from “Financially Inclined” a podcast from Marketplace that helps families learn more about money. It turns out where you park your money can actually make a difference in the fight agains climate change. Today, host Yanely Espinal speaks with author and financial educator Kara Perez about how you can spend, save and invest your money in a wa...
May 27, 2025•13 min•Ep. 1399
It’s Kai’s last day as a regular co-host of “Make Me Smart” and he’s got a solid rant (and two bleeps). We’ll get into the Trump administration’s push to block international students at Harvard, thretening one of American’s biggest exports: higher education. Plus, we’ll unpack the Supreme Court’s 4-4 split over a separation of church and state case. And, could penguin poop be a tool against global warming? Here’s everything we talked about today: “Supreme Court deadlocks, blocking creation of fi...
May 22, 2025•9 min•Ep. 1398
The Senate unexpectedly passed the No Tax on Tips Act, one of President Trump’s many campaign promises. We’ll explain what’s actually in the bill and where it goes from here. Plus, the Trump administration has officially accepted a $400 million luxury jet from Qatar for use as Air Force One. We’ll get into the grift of it all. Plus, one man’s search for younger looking skin and a manga story to smile about. Here’s everything we talked about today: "The Senate passed Trump’s No Tax on Tips Act. H...
May 21, 2025•16 min•Ep. 1397
Things aren’t looking so good for the U.S. dollar. Though it’s spent decades as the world’s reigning reserve currency, it’s been weakening lately thanks to tariffs and uncertainty in the U.S. economy. But its declining value, has been in the making for a while, according to Harvard economist and author of the new book, “Our Dollar, Your Problem,” Kenneth Rogoff. “The problem we’re facing is that, independent of this dollar phenomenon, interest rates are going up,” said Rogoff. “And if you’re the...
May 20, 2025•29 min•Ep. 1396
Walmart had said it would raise prices in response to tariffs. Then, it got a call from the White House. Now, the retailer says it will swallow some of the costs. This has us wondering: where have all the free market diehards gone? Plus, Kimberly reflects on the tornadoes that hit her hometown of St. Louis, Missouri and explains FEMA’s plan to shift disaster costs to the states. Also? Did the GOP really name their reconciliation bill the “One Big Beautiful Bill?” Here’s everything we talked abou...
May 19, 2025•12 min•Ep. 1395
On today’s show, Kai makes a special annoucement! But first, Moody’s knocked the United States’ government’s credit rating down a peg below Triple-A. We’ll break down what that actually means and why it may not be as dire as it sounds but still matters a lot for the vibes. Plus, we’ll explain why, even with a majority, the House GOP hasn’t been able to pass its budget bill. And, we’ll play a round of Half Full/Half Empty and nerd out on “Star Wars” spin-off shows. Here’s everything we talked abo...
May 16, 2025•25 min•Ep. 1394
In today’s show, Kimber-Kai are answering your questions about all the wild things going on in the U.S. economy. Isn’t the 30% tariff rate on China still crazy high? And, how are local governments preparing for potential federal funding cuts? We’ll discuss how states are weighing their next moves, and how the “Trump Slump” has taken shape in California. Then, we’ll get into the Federal Reserve’s wait-and-see tariff strategy. Here’s everything we talked about today: “State of U.S. Tariffs: May 12...
May 15, 2025•13 min•Ep. 1393
On today’s show, Kimberly continues to make us smart about the GOP’s massive tax bill. This time, we’re digging into a small (but important) detail buried in the bill that could have enormous consequences for the regulation of artificial intelligence: a clause that would block states from enforcing AI laws for ten years. We’ll break down what’s at stake. And, the U.S. dollar is getting weaker. We’ll explain what it could mean for the economy. Here’s everything we talked about today: "House panel...
May 14, 2025•14 min•Ep. 1392
Today we’re ditching the drama on Earth and talking about K2-18b, an exoplanet 120 light-years away. K2-18b recently made headlines after researchers claimed to observe possible “signs of life” in the planet's atmosphere. So, did we find aliens? Michaela Musilova, an astrobiologist and analog astronaut, said it’s too early to tell. On the show today, Musilova breaks down the debate over K2-18b, why better telescopes are needed to find definitive proof of life on another planet, and why President...
May 13, 2025•26 min•Ep. 1391
House Republicans’ newly released tax plan includes trillions in tax breaks. But those tax cuts will come at a cost. We’ll get into it. And, Apple plans to raise iPhone prices but won’t point fingers at President Trump’s tariffs. We’ll unpack how all the tariff chaos could lead to elevated prices, no matter what they actually cost companies. Plus, sci-fi escapism and Pope Leo XIV’s love of baseball make us smile. Here’s everything we talked about today: "Exclusive | Apple Considers Raising iPhon...
May 12, 2025•14 min•Ep. 1390
As the Trump administration heads into a weekend of trade talks with Chinese officials, the President is floating a new tariff rate on Chinese imports: 80%. While it’s much lower than the current tariff rate of 145%, it’s still far too high for many businesses. We’ll get into it. And, a recent legal win for Epic Games could shake up Apple’s App Store. Plus, we’ll weigh in on mass producing orchids and going cashless during a round of Half Full/Half Empty! Here’s everything we talked about today:...
May 09, 2025•20 min•Ep. 1389
Following Trump’s so-called “Liberation Day” tariffs, the United States has now struck a trade deal (sorta) with the United Kingdom. We’ll get into it. Plus, childcare costs a lot – and in some places, more than rent. Then, we’ll smile at the unexpected joy of “swole culture.” And what if, instead of sports metaphors, we used makeup lingo at work? Here’s everything we talked about today: “Trump unveils United Kingdom trade deal, first since 'reciprocal' tariff pause” by CNBC “U.S., Britain strik...
May 08, 2025•15 min•Ep. 1388
On today’s episode: Marketplace’s Reema Khrais joins Kimberly to discuss two stories from opposite ends of the housing spectrum – cuts to rental assistance programs and the soaring cost of starter homes. Then, Kimberly explains yet another reason why the rest of the world is giving the U.S. major side-eye. And we’ll smile about a slimy substance that might help keep microplastics at bay and parrots connecting over Facetime. Here’s everything we talked about today: “Proposed cuts to housing progr...
May 07, 2025•18 min•Ep. 1387
So far, President Trump’s “drill, baby, drill,” agenda has proven to be a sharp turn from Biden-era climate initiatives, including the landmark spending bill the Inflation Reduction Act (IRA). And thanks to President Trump’s attempts to claw back control over IRA funds, as well as his recent budget proposal which drastically cuts climate spending, the future of America’s fast-growing clean energy economy looks uncertain. “The world is switching to electric vehicles, the world is switching to sol...
May 06, 2025•24 min•Ep. 1386
The Trump administration is hoping tariffs will spur companies to bring manufacturing back to the United States. But a new survey from the Federal Reserve Bank of Dallas found that most companies are planning to deal with tariffs another way. (Spoiler alert: we totally saw this coming!) We’ll also discuss how the Department of Homeland Security is hoping to cut the cost of mass deportations. Plus, did Trump get the idea to reopen Alcatraz from a movie? Here’s everything we talked about today: - ...
May 05, 2025•11 min•Ep. 1385
