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Plain English with Derek Thompson

The Ringer

Longtime Atlantic tech, culture and political writer Derek Thompson cuts through all the noise surrounding the big questions and headlines that matter to you in his new podcast Plain English. Hear Derek and guests engage the news with clear viewpoints and memorable takeaways. New episodes drop every Tuesday and Friday, and if you've got a topic you want discussed, shoot us an email at plainenglish@spotify.com! You can also find us on tiktok at www.tiktok.com/@plainenglish_

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United States

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The Ringer

Description:

Longtime Atlantic tech, culture and political writer Derek Thompson cuts through all the noise surrounding the big questions and headlines that matter to you in his new podcast Plain English. Hear Derek and guests engage the news with clear viewpoints and memorable takeaways. New episodes drop every Tuesday and Friday, and if you've got a topic you want discussed, shoot us an email at plainenglish@spotify.com! You can also find us on tiktok at www.tiktok.com/@plainenglish_

Language:

English


Episodes
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America in the Age of Diagnosis

9/9/2025
America is sicker than ever. That’s what the data says, anyway. Psychological and psychiatric diagnoses have soared. Between the 1990s and the mid-2000s, bipolar disorder among American youth grew by a factor of 40, while the number of children diagnosed with ADHD increased by a factor of 7. Rates of PTSD, anxiety, and depression have soared, too. Perhaps in previous decades doctors missed millions of cases of illness that we’re now catching. Or perhaps, as the New York Times writer David Wallace Wells has written, “we are not getting sicker—we are attributing more to sickness.” We used to be merely forgetful. Now we have ADHD. We used to lack motivation. Now we’re depressed. We used to be introverted. Now we experience social anxiety. Today’s guest is Suzanne O’Sullivan, a neurologist and the author of 'The Age of Diagnosis: How Our Obsession with Medical Labels Is Making Us Sicker'. O’Sullivan argues that too many doctors today are pathologizing common symptoms in a way that’s changing the experience of the body for the worse. When doctors turn healthy people into patients, it’s not always clear if they’re reducing the risk of future disease or introducing anxiety and potentially harmful treatments to a patient who's basically fine. Rather than see the age of diagnosis as something all good or all bad—a mitzvah or a disease—I want to see it as a social phenomenon, something that is good and bad and all around us. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Suzanne O’Sullivan Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:57:07

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Trumponomics Explained, Part 2: The Enshittification of American Power

9/5/2025
In the second of our two-episode series on Donald Trump, economics, and power, we talk to Henry Farrell, a professor of political science at Johns Hopkins. Farrell has written extensively on how the United States has in the last few years weaponized its economic power to force other countries to do its bidding, through sanctions or the freezing of bank accounts. Today, we consider the many ways that Trump has weaponized the office of the presidency against American interests and how his authoritarian style matches up against China as both countries race toward superintelligence. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Henry Farrell Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:52:08

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What Is Trumponomics? Part 1: How Donald Trump Is Breaking American Capitalism

9/3/2025
Today is the first of two interviews this week trying to answer this question: What is Trumponomics? From the 1980s to the 2010s, it was generally assumed that Republicans and Democrats had settled differences in economic policy. Republicans wanted lower taxes and less spending on welfare. Democrats wanted higher taxes and more social spending. Reality didn’t always conform to those differences. George H.W. Bush famously raised some taxes, and Bill Clinton famously reduced some welfare spending. But generally speaking, the socialists voted for Democrats and the corporate libertarians and free-market folks found their home in the GOP. What’s interesting about Trump's theory of power and economics is that he doesn’t just scramble this divide. He obliterates it. Some of Trump’s measures are so classically Republican, you could imagine the ghost of Ronald Reagan signing off on them. After all, his signature legislative accomplishment in both terms are two huge corporate income tax cuts. But when Trump announced that the government was taking a stake in Intel, Bernie Sanders cheered the news and Gavin Newsom called him a socialist. Trump has single-handedly instituted the biggest tariffs in 100 years—tariffs that are so unusual and extralegal that a federal court just ruled that most of them are, in fact, against the law. He’s waging war on the Federal Reserve, grabbing at an institution that has historically enjoyed independence when it comes to setting interest rates and managing monetary policy. Trumponomics is capitalist and socialist; it’s obsessed with defeating China and also obsessive about copying China; it’s sometimes focused on keeping America from getting ripped off and sometimes focused on issues so personal they have nothing to do with the national interest at all. Today’s guest is Greg Ip, the chief economics commentator at The Wall Street Journal. According to Greg, the best way to see clearly what Trump is up to is to see his economic policy as what he calls “state capitalism.” If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Greg Ip Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:49:33

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The Healthiest "Super-Agers" Have One Thing in Common, According to a 25-Year Study

8/27/2025
Memory is the glue of life. Without it, our focus softens, our experience of the world blurs, and our identities melt away. But as people age, their memory declines. Many billions of dollars have been spent to understand the biological basis of dementia and to devise a cure. In most cases, they have failed spectacularly. But what if, rather than study the brains of people with advanced memory loss, we instead studied the brains of people with the opposite condition: extraordinary memory and brain health in old age? For the past few decades, Sandra Weintraub, a scientist at Northwestern University, has been part of a team studying the brains of "super-agers," people 80 and older who have the memory ability of people in their 50s. In a new paper published this year to considerable fanfare, she found that super-agers didn't have much in common. They didn't share a diet, or an exercise regimen, or a set of maladies or medications. One thing, however, united them: their social relationships. Today's guest is Sandra Weintraub. We talk about the science of memory and the brain and the protective benefit of social connection for our minds and ourselves. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Dr. Sandra Weintraub Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:41:48

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Plain History: How the Transcontinental Railroads Built the Modern World

8/20/2025
Today’s pod is about the economic story of the moment. It’s about new technology that supporters claim will transform the U.S. economy, an infrastructure build-out unlike anything in living memory that demands enormous natural resources, fears that corporate giants are overbuilding something that can never return its investment, an uncomfortable closeness between corporations and the state, fears that oligarchs are screwing the public to generate unheard-of levels of private wealth. Just a small catch. This show isn’t about the present or AI in 2025. It’s about the railroads and the late 1800s. To be sure, everything I just said could plausibly be the introduction to a podcast about artificial intelligence. Last quarter, the growth of AI infrastructure spending—on chips, data centers, and electricity—exceeded the growth of consumer spending. The economic researcher and writer Paul Kedrosky has written that as a share of GDP, AI is consuming more than any new technology since the railroads in the late 1800s. There is no question that the transcontinentals transformed America. They populated the West; practically invented California; turned America into a coast-to-coast dual-ocean superpower; revolutionized finance; made possible the creation of a new kind of corporation; launched what the historian Alfred Chandler called the managerial revolution in American business; forged a new relationship between the state and private enterprise; minted a generation of plutocrats, from Jay Gould to Leland Stanford of Stanford University; galvanized the anti-monopoly movement; and completely reoriented the way Americans thought about time and space. “The transcontinentals ... came to epitomize progress, nationalism, and civilization itself,” the historian Richard White wrote in his epic history of the transcontinentals, 'Railroaded.' But he continued: “They created modernity as much by their failure as their success.” Today’s return guest is Richard White. Our acute subject is the transcontinental railroads and the 19th century. But our deeper subject is the nature of transformative technology and the messy business of building it. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Richard White Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:55:49

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The Modern World Is Changing America’s Personality For the Worse

8/13/2025
According to analysis by Financial Times writer John Burn-Murdoch, something extraordinary has happened to Americans’ personalities in the last decade. Longitudinal tests indicate that we’ve collectively become less extroverted, less agreeable, and more neurotic. The most significant thing Burn-Murdoch found is that measures of conscientiousness among young Americans appears to be in a kind of free fall. Today, John and I talk about his research. We discuss personality tests, the value of conscientiousness, and how the modern world might be scrambling our personalities by making us less interested in other people and more consumed with our own neurotic interiority. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: John Burn-Murdoch Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:47:10

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Will AI Usher In the End of Deep Thinking?

8/6/2025
Last week, the Bureau of Economic Analysis published the latest GDP report. It contained a startling detail. Spending on artificial intelligence added more to the U.S. economy than consumer spending last quarter. This is very quickly becoming an AI economy. I’m interested in how AI will change our jobs. But I’m just as curious about how it will change our minds. We’re already seeing that students in high school and college are using AI to write most of their essays. What do we lose in a world where students sacrifice the ability to do deep writing? Today’s guest is Cal Newport, the author of several bestsellers on the way we work, including 'Deep Work.' He is also a professor of computer science at Georgetown. One of the questions I get the most by email, in talks, in conversations with people about the news is: If these tools can read faster than us, synthesize better than us, remember better than us, and write faster than us, what’s our place in the loop? What skills should we value in the age of AI? Or, more pointedly: What should we teach our children in the age of AI? How do we ride this train without getting run over by it? If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Calvin Newport Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:58:13

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The New Geography of Housing in America

7/30/2025
Subscribe to Derek’s new Substack. In 1991, the median age of first-time homebuyers was 28. Now it’s 38, an all-time high. In 1981, the median age of all homebuyers was 36. Today, it’s 56—another all-time high. This is the hardest time for young people (defined, generously, up to 40!) to buy their first home in modern history. Derek talks about the history of how we got here and then brings on Bloomberg columnist Conor Sen to talk about the state of American housing today and how the national housing market has broken into “two Americas.” If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Conor Sen Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:44:23

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The Demise of Late-Night TV Is an Omen for American Culture

7/23/2025
Even before the cancellation of 'The Late Show With Stephen Colbert,' the business of comedy was changing rapidly. Twenty years ago, comedians aspired to be late-night hosts, or to star in movies, or to have their own sitcoms. But in 2025, late-night shows are going extinct, adult comedies in Hollywood are a thing of the past, and popular sitcoms are so rare these days that Gen Z viewers are still watching 'The Office' and 'Friends.' Instead, many comedians rightly recognize that they can make more money as solo acts. In comedy, as in much of our culture, the age of institutions is giving way to an age of individuals talking to individuals. Lucas Shaw, a reporter for Bloomberg and frequent commentator on the Town podcast, joins the show to talk about the cancellation of 'The Late Show With Stephen Colbert' and what it says about the history and the future of comedy and media. We also talk about the death of adult comedies, the retreat of sitcoms on TV, why comedy as a field is becoming more of a solo business—and what that says about entertainment culture more broadly. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Lucas Shaw Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:49:22

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If Trump’s Economic Ideas Are So Bad, Why Isn’t the U.S. Economy Doing Much Worse?

7/17/2025
Sign up for Derek's Substack here. Harvard economist Jason Furman returns to the show to answer two big, burning questions. First, if Trump's economic ideas are as bad as most economists say, why isn't the U.S. economy doing much worse? Second, if Trump fires Jerome Powell, would it be the final blow that finally pushes the economy into a recession? If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Jason Furman Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:52:05

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Fertility Needs a Scientific Revolution

7/16/2025
Couples are having kids much later in their lives. As young people spend more of their 20s and 30s getting established in their careers, and marriage is delayed, and home buying is delayed, the unstoppable force of delay runs up against the immovable object of human anatomy. It is harder for a 40-year-old to get pregnant than for a 20-year-old to do so. The best solution we have for the fertility dilemma of the modern age is in vitro fertilization. IVF is a decades-long practice based on science, so you might think that the procedure is highly predictable, something close to an act of precision engineering. But people who have gone through the process know it can be messy, painful, frustrating, and expensive. So, what would a real scientific revolution in fertility look like? How close are we to a game-changing invention in this space? Today’s guest is Ruxandra Teslo, a scientist and writer. We talk about the fertility dilemma that exists, the fertility technology that doesn’t exist, and how a revolution in egg science could produce a second baby boom. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Ruxandra Teslo Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:49:14

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The Mysterious Rise of Major Injuries in Professional Sports

7/9/2025
Sign up for the Derek Thompson newsletter. In Game 7 of this year's NBA Finals, Indiana Pacers guard Tyrese Haliburton tore his Achilles in the first quarter while attempting to drive to the basket on an injured calf. It was the third major Achilles injury of the 2025 NBA playoffs. Curiously, Achilles tears are typically an older-dude injury, as they're most common in middle-aged men, according to a 2018 study published in the Journal of Biomechanics. So the sudden clustering of this injury among star athletes in their prime has inspired a lot of head-scratching among NBA fans and even the league itself. “We had already convened a panel of experts before Tyrese’s most recent Achilles rupture,” NBA commissioner Adam Silver said. When you zoom out from basketball and consider the broader landscape of sports, the injury surge seems quite real. In baseball, we’ve seen a huge increase in the so-called "Tommy John surgery," which repairs a torn UCL in a pitcher’s elbow. In soccer, ACL injuries have been rising, particularly in women's soccer. And that's before we get to the huge amount of media attention that’s been paid to concussions in football. What's going on here? Vern Gambetta, a conditioning coach, trainer, and adviser to professional soccer, baseball, basketball, and Olympics teams, explains why major injuries might be surging across sports—and what it tells us about the risks of pushing the human body to its physical limit. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Vern Gambetta Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:56:10

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How Abundance Won in California

7/3/2025
The California housing crisis is a disaster and an emergency. Housing construction per capita has steadily fallen in the last few decades, while home prices, rent, and homeless rates have all soared. By some estimates, the state is three million units short of housing demand—the equivalent of seven San Franciscos. One of the major barriers to building more housing has for decades been provisions in the California Environmental Quality Act. Signed by Gov. Ronald Reagan in the 1970s, the CEQA has been called "the law that ate California." It essentially allows anybody with a lawyer to stop any project they don’t like, for any reason. But this week, Gov. Gavin Newsom signed two bills to defang the CEQA. Housing reform advocates are calling it one of the most important legislative breakthroughs in modern state history. It could make it easier to build downtown housing and other urban development projects such as health clinics and childcare facilities. As Newsom wrote, “I just enacted the most game-changing housing reforms in recent California history. We're urgently embracing an abundance agenda by tearing down the barriers that have delayed new affordable housing and infrastructure for decades." Assemblywoman Buffy Wicks wrote the bill to encourage more high-density housing projects, while State Senator Scott Wiener wrote the bill to exempt several types of projects from environmental review. Wicks and Wiener are today’s guests. We talk about the long road to breakthrough, the art of political persuasion, and the future of abundance in California. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guests: Buffy Wicks and Scott Weiner Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:01:01:00

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What's Next for the Middle East: War, Peace, or Revolution?

6/25/2025
Sign up for Derek Thompson's Substack here! Donald Trump rose to power in the Republican Party as a critic of the neoconservative tradition and was opposed to war in the Middle East. But after weeks of Israel’s aerial attacks of Iran, Trump shocked the world with targeted strikes of several Iranian nuclear facilities, including Natanz and Fordo. Suddenly, it seemed like President Trump was getting the U.S. involved in another Middle East conflict. And then, just as suddenly, he declared a ceasefire. (Which was immediately violated, and then agreed on, and perhaps re-violated by the time you read these words.) There are several questions to ask here. How did Trump, noted enemy of international entanglement, become the first U.S. president to ever bomb Iran? What is the U.S. trying to accomplish here? Is regime change in Iran something to hope for or a fast track to chaos? Ray Takeyh is an Iranian-born scholar and researcher at the Council on Foreign Relations. We talk about what just happened, how we got here, and the ways it could play out. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Ray Takeyh Producer: Devon Baroldi Links: "The Right Path to Regime Change in Iran" by Ray Takeyh Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:49:05

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NYC Mayoral Candidate Zohran Mamdani on Abundance, Socialism, and How to Change a Mind

6/23/2025
Before today’s show, a personal announcement. After almost 17 years at The Atlantic, I have just officially moved my writing full time to Substack, the newsletter platform. If you like this show, if you’re a fan of my work, I think you’ll love what I’m trying to build. Sign up here. 'Abundance,' the book I cowrote with Ezra Klein, has received sharp pushback from left-wing commentators. But the response among left-wing politicians has been strikingly different. While Bernie Sanders devotees have repeatedly bashed the book, Representative Ro Khanna (D-California), an outspoken advocate of Bernie’s signature policy proposal, Medicare for All, has announced his support for abundance on several occasions. While several people have accused the book of ignoring policies to increase welfare, Wes Moore, the progressive Maryland governor whose private-sector career was devoted to reducing poverty, said in a recent speech that Democrats have to change from being the party of “no” and “slow” to the party of “yes” and “now.” Then there is Zohran Mamdani, the Democratic socialist candidate for mayor of New York City. Mamdani and I have very different politics on a range of issues: housing, affordability, education, levels of taxation, and spending. But Mamdani has in the last few weeks embraced what he calls an agenda of abundance. He’s told podcasts like Pod Save America that he thinks leftist critics of abundance have oversimplified the book and that our approach to making government work better is exactly what the left needs. I saw some people point to Mamdani’s name-checks of 'Abundance' and say, "This is great!" while others warned, "It’s a ruse! Stay away!" I wanted to talk to the man himself. So I was very gratified that Mamdani and I found 30 minutes to sit down Saturday and talk calmly about abundance and the left, how we agree, how we disagree, why government efficiency ought to be a virtue of all leaders (especially those on the left who want government to do much more), and, finally, how to change our minds. On this point, Mamdani and I are in full agreement: To see the errors in our own thinking requires that we have the courage to talk to people we do not agree with. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Zohran Mamdani Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:43:01

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A Grand, Unified Theory of Why Americans Are So Unhealthy

6/18/2025
Americans are unusually overweight and chronically ill compared to similarly rich countries. This episode presents a grand, unified theory for why that's the case. Our food environment has become significantly more calorie-rich and industrialized in the past few decades, sending our obesity rates soaring, our visceral fat levels rising, and our chronic inflammation surging. The result is an astonishing rise in chronic illness in America. That's the bad news. The good news is that GLP-1 drugs, like Ozempic and Zepbound, seem to be astonishingly successful at reversing many of these trends. This episode blends two interviews with Dr. David Kessler and Dr. Eric Topol. Kessler was the commissioner of the Food and Drug Administration under the Bush and Clinton administrations, from 1990 to 1997. He helped lead Operation Warp Speed in its final months. He is the author of the book 'Diet, Drugs, and Dopamine.' Topol is a cardiologist and the founder and director of the Scripps Research Translational Institute. He is the author of the book 'Super Agers.' If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guests: Dr. David Kessler and Dr. Eric Topol Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:40:11

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Why Are Americans So Unhealthy? Part I: Is Ultra-Processed Food Killing Us?

6/11/2025
Americans die younger and faster than the residents of almost every other rich country. Why? There's gun violence, drug overdoses, and car crashes. Young people are much more likely to die from these accidents than those in other countries. Just as importantly, Americans are more likely to die from chronic illness, especially heart disease and metabolic diseases. We eat more and worse food. We're arguably exposed to more environmental toxins. We move around less, too. Kevin Klatt, a research scientist at UC Berkeley and a nutritionist, joins us in the first episode of our new miniseries on health. We take on the hottest topic in the diet world today: ultra-processed foods. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Kevin Klatt Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:00:53:57

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What Experts Really Think About Smartphones and Mental Health

6/4/2025
I'm very concerned about the relationship between smartphone use and America's mental health crisis. But many researchers don't see things my way. They insist that there is little to no empirical data showing that smartphone and social media use drives up anxiety or depression. So what’s the truth about smartphones, social media, and mental health? That’s the question that the NYU researcher Jay Van Bavel set out to answer with his collaborator Valerio Capraro. They took dozens of claims about smartphones, sent them to hundreds of experts in the field, and asked them if these claims were probably true, probably false, or unknown—and why. The result was a massive survey, one of the largest of its kind in the history of psychology. Today, Van Bavel joins the show to tell us what he found, what surprised him, and why his consensus survey made so many researchers so angry. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Jay Van Bavel Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:01:08:38

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Plain History: How Adolf Hitler Destroyed German Democracy in Six Months

5/30/2025
In November 1932, Germany was a republic. By the spring of 1933, it was a dictatorship. How did it all happen so quickly? Fascination with Adolf Hitler requires no news peg, but I’ve been particularly interested in understanding the story of Hitler's rise, because in the past few months, several prominent podcast hosts—including Joe Rogan and Tucker Carlson—have mainstreamed revisionist histories of the Nazi regime and WWII. These new histories often soften Hitler’s antisemitism and treat him as a man of limited ambition; a guy who just wanted to give Germans a bit more living room, who was pulled into a continental war by Winston Churchill. The best book that I’ve read that makes use of the trove of documentation on the subject is 'Hitler’s People,' by the historian Richard Evans, who is today's guest. Evans is the author of a famous three-volume history of Hitler—'The Coming of the Third Reich,' 'The Third Reich in Power,' and 'The Third Reich at War'_—_and he is widely considered the most comprehensive historian of Nazi Germany in the world. His new book distills his multi-thousand-page history into an elegant 100-page synthesis of Hitler’s life, followed by profiles of his most important advisers. The end of the book is particularly interesting, as it profiles ordinary Germans of the time, for the purpose of explaining how normal, non-psychopathic people found themselves involved in a regime so brutal that it’s become a synonym for evil. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Richard Evans Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:01:04:07

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Trump’s Big, Beautiful Bill Is Great for the "Stealthy Wealthy"

5/28/2025
The tax and spending bill passed by House Republicans last week is the sort of bill that does so many different things that even budget experts could be forgiven for not realizing just how many different parts of the economy it will change. In the realm of workers' comp, the bill would eliminate taxes on overtime pay and tips. In terms of families, it would create new $1,000 savings accounts for children and give parents an extra $500 per year per child, in the form of an expanded child tax credit. In the realm of health and the culture wars, it would ban the use of Medicaid funds for gender-affirming care and cut funding for Planned Parenthood. In the realm of climate, it would claw back half a trillion dollars of investments in wind, solar, geothermal, batteries, nuclear power, clean hydrogen, and electric vehicle purchases. In the realm of defense, it would increase spending by over $100 billion on shipbuilding, air and missile defense, immigration enforcement, and border security. But judging strictly by the sheer dollar amount of the provision, this bill is really about three big things. Number one, it extends a multitrillion-dollar tax cut on corporate and individual income. Number two, it reduces federal spending on two major government programs by a combined $1 trillion: Medicaid, the government health-care program for those with low income, and SNAP, or federal spending on food stamps. And number three, because of the mismatch I just told you about, between the tax cuts and the spending cuts, it will increase the national debt by several trillion dollars over the next 10 years. Today, we have two guests. First, the University of Chicago economist Eric Zwick joins to talk about the corporate tax cut. And second, to understand how to think about the debt picture, I talk to Maya MacGuineas, president of the Committee for a Responsible Federal Budget.If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guests: Eric Zwick and Maya MacGuineas Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Duration:01:07:52