SALT-n-pessimism

This episode of The Indicator from Planet Money discusses three key economic indicators. First, the panelists analyze a Senate bill regulating stablecoins, highlighting the $27.6 trillion global market size and the bill's provisions for reserve requirements and regulatory oversight. Second, they examine the ongoing debate surrounding the SALT (state and local taxes) cap in a large spending bill, noting the discrepancy between the House's proposed $40,000 cap and the Senate's $10,000 cap, and its impact on different political affiliations. Finally, they discuss a Harris Poll revealing a 15-percentage-point gap in economic sentiment between men and women, attributing this disparity to women's greater involvement in purchasing essential goods and their differing expectations regarding salary increases.