Hosted by Kai Ryssdal, our flagship program is all about providing context on the economic news of the day. Through stories, conversations and newsworthy numbers, we help listeners understand the economic world around them.
04-21-2015 - Marketplace - Power Grid Infrastructure
Airing on Tuesday, April 21, 2015: Committee votes in Congress are expected in coming days on whether to give the president special authority to finish negotiating a major trade deal with China and others. The deep skepticism that exists among Democrats is summed up well in a line New York Sen. Chuck Schumer said last week : “I don’t believe in these agreements anymore. I’ve changed.” We look at what else has changed since the North American Free Trade Agreement era when it comes to the U.S. economy and its place in the world economy. Next, California’s long history of anti-tax, anti-government propositions, starting with Proposition 13, now stands in the way of the state responding to a devastating drought. How’d that happen? Plus, the Department of Energy is proposing billions in investment in power grid infrastructure to make it more reliable and secure. The U.S. suffers far more outages than other developed countries. And the entire system is vulnerable if extreme weather or human attacks take out transformers--devices which are essential to moving electricity long distances.…read more