More or Less: Behind the Stats - DOGE, apples and irregular migrants

It?s been 12 weeks since President Trump announced the formation of DOGE, the so-called department of Government efficiency. We fact-check various claims connected with the drive to route out inefficiency. Listeners asked us to investigate the claim that 1 in 12 Londoners is an illegal immigrant. We look into the claim that imported New Zealand apples have a smaller carbon footprint than British grown apples. Plus - did VAT on private schools really boost the rate of inflation, or was that just a media concoction?

Presenter: Tim Harford Series Producer: Charlotte McDonald Producers: Lizzy McNeill, Nathan Gower and Josh McMinn Sound Mix: Rod Farquhar Editor: Richard Vadon Production Co-Ordinator: Brenda Brown

The Indicator from Planet Money - The stock market is down, but you don’t need to be

Government cuts. Tariff uncertainty. Sticky interest rates. These are not helping the tumbling stock market. There's a sinking feeling among some Americans that a crash is imminent.

But ... should we all be so worried? Today, we brush away the cobwebs of stock market fear and confusion, and bring some long-held facts to the surface.

Related episodes:
Why to look twice when your portfolio is doing well (Apple / Spotify)
The cautionary tale of a recovering day trading addict (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Tyler Jones. Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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The Indicator from Planet Money - Can you take government spending out of GDP?

The Trump administration has some nits to pick with government spending: They don't think it should be counted as part of the country's GDP, that it should be counted separately.

In today's episode, we look at why government spending is part of the U.S.'s GDP and we speculate why Trump's administration might want to take it out ... and what that could mean.

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The Indicator from Planet Money - What Bad Bunny teaches us about Puerto Rican tax law

Bad Bunny's new album DeBÍ TiRAR MáS FOToS laments how Puerto Rico is changing. We look at whether tax breaks to newcomers contributed.

Related episodes:
The battle for Puerto Rico's beaches
We Set Up An Offshore Company In A Tax Haven

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by
Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

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