American enthusiasm for capitalism is slipping, especially among Democrats. That’s the headline from a new Gallup poll out this week. In this latest survey, just 54% of respondents said they view capitalism positively. That’s down from 60% the last time Gallup asked in 2021. We'll hear more. Plus, we'll get fresh reads on consumer and producer prices this week. How much might these affect a rate cut by the Fed?
Cato Podcast - Cato Cage Match: Monetary vs. Fiscal Policy
Norbert Michel and Dominic Lett square off over whether fiscal or monetary policy is the bigger mess. Lett highlights how entitlement programs like Social Security and Medicare are driving unsustainable debt levels, while Michel explains how post-2008 Federal Reserve changes have created risks of “fiscal dominance,” where monetary policy is increasingly shaped by government borrowing needs. Both stress that without structural reforms and political restraint, the U.S. faces uncertain and potentially catastrophic economic consequences.
Show Notes:
https://www.cato.org/policy-analysis/comprehensive-evaluation-policy-rate-feedback-rules#
https://www.cato.org/books/crushing-capitalism
https://www.cato.org/blog/medicaid-driving-deficits-republicans-are-scarcely-tapping-brakes
https://www.cato.org/news-releases/senate-bill-could-increase-debt-6-trillion-cato-analysis#
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CBS News Roundup - 09/09/2025 | World News Roundup
Jeffrey Epstein documents released -- including an alleged birthday note from President Trump. Immigration crackdown in Chicago. Whistleblower speaks out against HHS Secretary Kennedy. Correspondent Steve Kathan has the CBS World News Roundup for Tuesday, September 9th, 2025.
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Marketplace All-in-One - France’s financial crisis pushes its government to the brink
From the BBC World Service: France's push to get a grip on its debt problem is expected to result in the ousting of another prime minister, François Bayrou. President Emmanuel Macron must convince European allies and financial markets that he'll get a debt-reducing budget approved by the end of the year. Plus, as gold continues to hit record highs, London's bullion market is preparing to go digital. And the succession battle at Rupert Murdoch’s media empire has ended with his eldest son, Lachlan, securing control.
WSJ What’s News - White House Doubles Down on Jobs Data Criticism
A.M. Edition for Sept. 9. White House advisers are preparing a report laying out alleged shortcomings of the Bureau of Labor Statistics’ monthly jobs data. Plus, we exclusively report on how OpenAI’s plan to become a for-profit company faces increasing hurdles. And, WSJ’s Max Colchester explains why the so-called moron premium on UK bonds could be a canary in the coalmine for debt-laden countries around the world. Caitlin McCabe hosts.
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WSJ Minute Briefing - White House Prepares Critical Report of U.S. Jobs Data
Plus: There’s a new bid to end quarterly earnings reports in the U.S. And, major deals news as Anglo American and Teck Resources agree to a merger, as well as an alliance between Europe’s two leading tech companies ASML and Mistral AI. Kate Bullivant hosts.
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Code Story: Insights from Startup Tech Leaders - S11 E16: Adam Cohen, Weave
Adam Cohen grew up in Toronto, in North York. He showed early signs of entrepreneurship by putting his lemonade stand on a wagon, and taking it door to door - or hustling his friends to buy souvenirs on a school field trip. His Dad was in VC, and was a big influence on his life, pushing him to succeed. Outside of professional life, he is big into sports, specifically basketball. In the past, he loved playing fantasy sports, which also influence how he built his business ventures.
Adam and his team went through several iterations of AI tooling - summarizing AI, integrating git and JIRA, etc. While they were doing this, they realized that the best way to make a difference, was to first focus on the data itself.
This is the creation story of Weave.
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Up First from NPR - SCOTUS Immigration Sweeps Ruling, Limited Epstein Files, Trump’s Handling of Russia
The Supreme Court clears the way for President Trump’s immigration sweeps in Los Angeles, even when agents use race and accents as a factor. The House Oversight Committee released a limited batch of Epstein estate documents, including a crude birthday letter that appears signed by President Trump. And Russia’s war on Ukraine is only intensifying, despite Trump’s threats of sanctions and his high-profile talks with Russia's president.
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Today’s episode of Up First was edited by Eric Westervelt, Megan Pratz, Andrew Sussman, Mohamad ElBardicy and Alice Woefle
It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas.
We get engineering support from Neisha Heinis. And our technical director is Carleigh Strange.
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Marketplace All-in-One - Using AI to simplify criminal record expungement
A lot of people are eligible to have their criminal records expunged. And there are tens of millions of such files out there for things like misdemeanors, low-level felonies such as drug offenses and even just arrests. LegalEase, a justice-tech startup is streamlining the process through the use of artificial intelligence.
Marketplace All-in-One - “Million Bazillion” returns Sept. 16!
Hey Million Bazillionaires, are you ready for a new season of “Million Bazillion”?
Bridget and Ryan are back to answer even more of your money questions. This season, we’ll learn all about the business behind your favorite chain restaurants, take a flight to find out why airport prices are sky-high and pop into the world of bubbles, not the ones you blow with soap, but the kind that burst in the economy! Plus, we’re cracking the mystery behind $2 bills: why do they exist if we hardly use them?
New episodes drop every Tuesday, starting September 16th! Subscribe wherever you get your podcasts. And, if you want even more Million Bazillion in your life, make sure you’re subscribed to our newsletter for bonus episode content and tip sheets to keep the money learning going.
In the meantime, check out our trailer above and catch up on any episodes you might’ve missed.
This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.