If the proposed defense budget is passed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying. This week, we're bringing you a three-part series on the defense industry.
Today, we unpack how defense costs are getting so high and why it's happening.
Related:
Can Just-In-Time handle a new era of war? (Apple / Spotify)
How to transform a war economy from peacetime (Apple / Spotify)
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Planet Money - Bonus: Janet Yellen on Wait Wait…Don’t Tell Me!
Our friends at NPR's news quiz Wait Wait...Don't Tell Me! recently had a very Planet Money guest on their show: Treasury Secretary Janet Yellen. They asked her about smoking pot, her extremely high scores in Candy Crush, and when to expect the Harriet Tubman $20 bill.
Today, we're sharing an excerpt of that episode with you, along with some exclusive questions just for Planet Money listeners.
You can listen to the full show and subscribe to Wait Wait...Don't Tell Me! wherever you find your podcasts.
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Today, we're sharing an excerpt of that episode with you, along with some exclusive questions just for Planet Money listeners.
You can listen to the full show and subscribe to Wait Wait...Don't Tell Me! wherever you find your podcasts.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
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State of the World from NPR - Israeli and Palestinian Families Use Radio to Send Messages to Hostages and Prisoners
A source of anguish for both Israeli and Palestinian families in nearly four months of the Gaza war, is the large number of hostages and prisoners taken by each side. Thousands of family members in the dark about the fate of their loved ones. So they're trying to reach them through Israeli and Palestinian radio.
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For more coverage of all sides of this conflict, go to npr.org/mideastupdates
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The Daily Signal - 3 US Soldiers Killed, Trucker Convoy Heads to Southern Border, Chiefs (and Taylor Swift) Are Going to Super Bowl | Jan. 29
TOP NEWS | On today’s Daily Signal Top News, we break down:
- President Joe Biden says the U.S. will respond after an attack in Jordan left three soldiers dead.
- A trucker convoy is headed to the southern border to demand the Biden administration secure the border.
- Multiple nations have joined the U.S. in suspending funding to a U.N. aid organization in the Middle East.
- A transgender affirming abortion doula gave a lecture to nursing students at Catholic University last week.
- Kansas City Chiefs fans and Taylor Swift fans alike scored a win on Sunday.
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Consider This from NPR - With 3 Soldiers Dead, The U.S. Tries to Avoid Direct Conflict With Iran
A deadly attack on an U.S. military base in Jordan pulled the United States deeper into a regional conflict that it's trying to avoid.
How the U.S. responds could determine whether the country enters another full scale war. We ask National Security Council spokesperson, John Kirby, what comes next.
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How the U.S. responds could determine whether the country enters another full scale war. We ask National Security Council spokesperson, John Kirby, what comes next.
Email us at considerthis@npr.org
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Consider This from NPR - With 3 Soldiers Dead, The U.S. Tries to Avoid Direct Conflict With Iran
A deadly attack on an U.S. military base in Jordan pulled the United States deeper into a regional conflict that it's trying to avoid.
How the U.S. responds could determine whether the country enters another full scale war. We ask National Security Council spokesperson, John Kirby, what comes next.
Email us at considerthis@npr.org
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How the U.S. responds could determine whether the country enters another full scale war. We ask National Security Council spokesperson, John Kirby, what comes next.
Email us at considerthis@npr.org
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Consider This from NPR - With 3 Soldiers Dead, The U.S. Tries to Avoid Direct Conflict With Iran
A deadly attack on an U.S. military base in Jordan pulled the United States deeper into a regional conflict that it's trying to avoid.
How the U.S. responds could determine whether the country enters another full scale war. We ask National Security Council spokesperson, John Kirby, what comes next.
Email us at considerthis@npr.org
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
How the U.S. responds could determine whether the country enters another full scale war. We ask National Security Council spokesperson, John Kirby, what comes next.
Email us at considerthis@npr.org
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Motley Fool Money - Roomba Go Home
Amazon ends its deal with iRobot leaving the Roomba maker’s path forward unclear.
(00:21) Jason Moser and Deidre Woollard discuss:
- Why Amazon ended the iRobot deal.
- Where iRobot could go next.
- If Sofi is building the next big bank.
(17:12) Eric Siegel, author of The AI Playbook, explains the challenges facing companies looking to adopt artificial intelligence.
Companies discussed: AMZN, IRBT, SOFI
Claim your Epic Bundle discount here: www.fool.com/epic198
Host: Deidre Woollard
Guests: Jason Moser, Eric Siegel
Producers: Ricky Mulvey, Mary Long
Engineers: Rick Engdahl, Dan Boyd
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Reset with Sasha-Ann Simons - Common’s Top Advice? ‘Whatever You Feel Is Feeding You, Just Do That’
The Chicago rapper, activist and actor Common spills on the importance of staying grounded, setting boundaries and taking time for self. That’s advice from his new book “And Then We Rise: A Guide to Loving and Taking Care of Self.”
Federalist Radio Hour - Silicon Valley’s Tragic Arc
Inez Stepman joins Federalist Culture Editor Emily Jashinsky to discuss the relationship between nihilism and capitalism and explain the reasons for Silicon Valley's cultural decline. Stepman is a senior policy analyst at Independent Women's Forum, host of "High Noon," and a senior contributor at The Federalist. Read Stepman's article, "Ambitious Nihilism," here.
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If you care about combatting the corrupt media that continues to inflict devastating damage, please give a gift to help The Federalist do the real journalism that America needs.