Dec 5, 2024

The myth of “the deserving rich and the undeserving poor”

Spencer Platt/Getty Images

"This idea that we’re doing this all on our own is a fiction," argues Alissa Quart of the Economic Hardship Reporting Project.

Segments From this episode

What's behind bitcoin's surge?

by Leanna Byrne

The S&P 500 has had a good year — up 28% . Then there’s bitcoin, up 138% since New Year’s. The cryptocurrency crossed the $100,000 threshold for the first time overnight. Some of that is a bet the incoming presidential administration will work to keep regulation of the crypto industry light.

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Layoffs picked up in November as labor market cools down

by Justin Ho

Dec 5, 2024

While layoffs have been low over the last few months, the uptick signals that the labor market may be starting to lose momentum.

It'd likely take a prolonged economic slowdown to spark widespread layoffs, noted Nationwide's Kathy Bostjancic.

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Economic Pulse

Has financial insecurity replaced upward mobility in the U.S. economy?

by David Brancaccio , Ariana Rosas and Erika Soderstrom

Dec 4, 2024

And will any of that change in an economy under the next Trump administration?

"We've been taught the story about the deserving rich and the undeserving poor for generations," said Alissa Quart. "This idea that we're doing this all on our own is a fiction."

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The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Nic Perez Director/Producer

Dylan Miettinen Digital Producer

John Bruington Media Producer

Jesson Duller Media Producer

Brian Allison Technical Director

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

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