Joe Biden, Ronald Reagan and the “Great Society” | Economics on Tap | Make Me Smart #388

We’re revisiting a forgotten Ronald Reagan speech on today’s show. As President Joe Biden’s new COVID-19 relief bill rolls out, Reagan’s 1966 “The Myth of the Great Society” speech is making Kai think some big thoughts on government programs and time. Plus, we talk about Netflix password sharing, virtual conferences and Reese’s all-peanut-butter cups in another round of Half Full/Half Empty.

ABOUT MAKE ME SMART:
Because none of us is as smart as all of us. Make Me Smart with Kai and Molly is a podcast about the economy, technology and culture. Hosts Kai Ryssdal and Molly Wood use their expertise to connect the dots on the topics they know best, and get help from listeners and experts about the ones they want to know better.

FOLLOW MARKETPLACE:

[pamf]

Backpack straps?!?!??? You must be from California. You made me smile, and I am still laughing :D

[mechmaniac]

Glad I was able to watch the archived stream! Straps! Facehole! Beer!

[lindalisting]

As always, very enjoyable Friday perspectives!

[tracydupree]

So fun to be here!! Long time listener first time you tuber well to your program 👍

[C.u.d.s]

Just a warning. There's a spammer impersonating "Marketplace APM." Don't contact anyone in YouTube chat, ever.

[Notalawyer]

"We are out of ideas and we need this pandemic to end." - Best laugh I had all day.

[AboynamedEtter]

Always listen to the podcast. Immediately paused it to see the coat I couldn't possibly imagine in my head. Wonderfully absurd. Love it.

[DavidRamirez-gkyi]

Molly! That is WAY too much Tequila for one sitting.

[robertmueller]

Regarding free Internet news, I think it is wrong to expect worthwhile, accurate news without having to pay for it. Those of us who grew up paying for newspapers understand how important it is to financially support the news gatherers! It is wrong to expect something for nothing. Ultimately, that is what is wrong with the premise that the Internet should be cost free, especially given the cost of inaccurate internet-derived information to society.

[naomidga]

Way too many ads when I watch the replay. Argh! Hate that I missed the live stream this week.

[LadyCollada]

I need the link to this backpack strap jacket!! 😍😍😍

[wilchami]

Half empty on virtual conferences. The lack of interactions and connections defeats the very purpose of a conference. Organized two and attended about 10 in the past year, tedious, monotonous, easy to dimiss and ignore.

[shmutube]

Similar comment about Reagan versus Biden also came up during the PBS NewsHour discussion with David Brooks and Jonathan Capehart