The Financial Flipside Podcast, Episode 30B: Resignation-gate, part 2
The Financial Flipside Podcast
Photo via on Pexels Although , the Great Resignation is still going strong: as of the beginning of June 2022, Americans , and data from the a global survey by Price Waterhouse Coopers found that up to . Further, the Great Resignation is , which have long been believed to be more stable (however far that belief is from the reality of most of the sector’s workers). With all that in mind, we are back with the second half of our Great Resignation episode. This time around we’re talking about factors that influence quitting, lying flat, labor costs, worker-management relations,...
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The Financial Flipside Podcast Episode 30
The Financial Flipside Podcast
Odds are, you know someone who has moved on from their job recently, whether a co-worker, family member, or friend. Maybe you’ve made a similar transition yourself. If so, you may be part of the Great Resignation, a socio-cultural phenomenon that is baffling researchers and reporters, and which is causing no small degree of anxiety among employers. As we explore in this episode, the reasons that people are leaving their jobs are complex and really get to the heart of why we work in the first place. Also in this episode: life updates, an inside view of what happens when accountants fire...
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The Financial Flipside Podcast Episode 29
The Financial Flipside Podcast
This episode, we’re talking about the tax gap, that is the yawning void between how much tax is owed and how much tax gets paid to the IRS. Where does the tax gap come from (hint: not always where you think)? Why are some people so reluctant to pay their fair share, despite having more than enough money to do so? We also take a detour into dynastic wealth, moral millionaires, and what money does to our brains.
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The Financial Flipside Podcast Episode 28
The Financial Flipside Podcast
Infrastructure touches every aspect of our lives, from the roads we drive on to the water we drink to the electricity powering the laptop I’m using to type these show notes. If part of our country’s (or city’s or state’s) infrastructure falls apart, we often end up paying for it in ways both big and small. Infrastructure projects are also really expensive, making them sites of debate about who pays and what's worth paying for.
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The Financial Flipside Podcast Episode 27
The Financial Flipside Podcast
On this episode of the podcast, we’re talking about scarcity, both the economic concept and how it plays out in our daily lives. Along the way, we’ll discuss sneaker drops, free markets, living wages, human nature, and moments when instinct takes over. We also dedicate our Flipping the News segment to examining the financial aftermath of the January 6 insurrection at the US Capitol.
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The Financial Flipside Podcast Episode 26
The Financial Flipside Podcast
A quick note: This episode was recorded on October 31, 2020, before Election Day or any of the subsequent events surrounding the results or the transition process.
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The Financial Flipside Podcast Episode 25
The Financial Flipside Podcast
Your hosts take look at the history of reparations in the US, examine some of the past and present barriers to reparations for slavery, and discuss what a national reparations program might look like in our current moment.
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The Financial Flipside Podcast Episode 24
The Financial Flipside Podcast
We’re back, and we’ve come bearing gifts in the form of retooled format (including a new segment!). Join us as we recap a weird tax season, take a look at the storylines that emerged after the Treasury Department finally released data about who received PPP loans, and wrap up our discussion of economic indicators with a deep dive into the stock market.
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The Financial Flipside Podcast Episode 23
The Financial Flipside Podcast
Though it may be hard to believe, the US economy isn't officially in a recession. In this episode we talk about why that is, what economic indicators tell us about the economy, and what they sometimes leave out. Plus, we discuss some tips for weathering an economic downturn, recession declaration or no.
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The Financial Flipside Podcast Episode 22
The Financial Flipside Podcast
After some time off, a move (L), and a partial pivot to video (J), the Financial Flipside Podcast is back! For our first episode of 2020, we thought it would be a good idea to talk about a goal that heads up so many of our lists of New Year’s resolutions: getting organized. Specifically, we’re talking about business systems, those combinations of processes, workflows, and tools that we use to do everything from monitoring cash flow to training employees to literally keeping the lights on.
info_outlineWe’re back, and we’ve come bearing gifts in the form of retooled format (including a new segment!). Join us as we recap a weird tax season, take a look at the storylines that emerged after the Treasury Department finally released data about who received PPP loans, and wrap up our discussion of economic indicators with a deep dive into the stock market.
Do you have money, tax, or small business questions? Did you come across a finance-related news story that you’d like us to cover? Reach out to us at @financeflipside on all social media or email us: [email protected]. For questions, be sure to let us know whether or not you’d like us to answer on the show. To continue the conversation, join us over on Facebook in the Financial Flipside Group chat. You can also find videos, blog posts, and more interesting stories from the intersection of money and everyday life on our Twitter and Facebook pages, and on the website.
Mentioned in the episode:
Flipping the News
The Journal of Accountancy’s summary of the Paycheck Protection Program loan data.
From the Treasury Department: SBA Paycheck Protection Program Loan Data
Fortune magazine’s reporting on members of Congress receiving PPP funds, and The Huffington Post’s
From Marketwatch: Over 500,000 businesses got PPP loans but are listed as retaining zero jobs, Treasury Department data show
Up to 90% of minority and women owners shut out of Paycheck Protection Program, experts fear
From Quartz: PPP data errors show that 98% of exposed names used Bank of America
The Main Event
From Investopedia: The history and current composition of the Dow Jones Industrial Average
Also from Investopedia: What is the Nasdaq?
From The Balance: Understanding the S&P 500
From Equitable Growth: Who benefits from the booming US Stock Market?
From Business Insider: 3 charts that show why $6 trillion dollars in coronavirus-induced stock losses won’t immediately impact most Americans.
From the Associated Press: Some small businesses are changing their strategies due to coronarvirus, including holding off on seeking investors.
Everything is Awful, So Why Is the Stock Market Booming? (NY Times)
The Economy is In Free Fall, So Why Isn’t The Stock Market? (Vox)
The Stock Market Has Almost Always Ignored the Economy (Washington Post)
When the White House first floated the idea of negative interest rates back in May, this NBC article looked at the possible effect on our wallets.
How Robinhood Convinced Millennials to Trade Their Way Through a Pandemic (Marker)
Why increased profits don’t always mean more business investment (Equitable Growth)
Bonus:
NPR explores a few theories explaning the stock market’s strong performance in the face of an economic downturn.
Why the disconnect between the stock market and the rest of the economy is harmful for the vast majority of people. (In These Times)