Tariffs, Grocery Prices And Other Listener Questions Flashcards
- tax cuts
- academic historian
- commentator
- crystal ball
- oil production
- oil refinery
- leftover gunk
- move
- overall inflation
- newsletter
- ground turkey
- price level
- inflatable pool
- kiddie pool
- the rate of inflation / inflation rate
- overall rate of inflation / overall inflation rate / overall grocery inflation rate
- spigot
- poultry products
- bird flu
- petroleum
- stockpile
- cavern
- campaign promises
- lever
- price level
- general / average price
- outpace
- household income / expenses
- sticker price / list price
- cohost
- radio show
- public broadcasting
- likelihood
- prognostication
- gig
- stalwart
- advocate (of/for)
- adversary
- constituent
- roadway
- import tax
- exemption
- inauguration
- pandemic
- confession
- minded-out caverns
move: an action taken to achieve something
lever: something you use to influence a situation to get the result that you want
Job openings have outpaced the supply of qualified workers
prognostication: a statement about what you think will happen in the future, forecast
stalwart supporter/ally is a very loyal and strong supporter/ally
gig: a job
advocate, [SYN]proponent, [OPP]opponent
That one is a classic.
It’s all coming back to me.
Those fights matter when it comes to protecting these places from pollution and potential oil spills.
This is a time of pretty ample/ tight/ constrained supply in oil markets.
They won’t necessarily get a good price for their oil.
used in negative to mean “in every case” or “therefore”
The fact that something is cheap doesn’t necessarily mean it’s of low quality.
It’s literally a bunch of caves where we stockpile a ginormous amount of oil for emergency.
It is the largest oil stockpile in the world.
Energy prices, they aren’t even that big of a part of inflation.
- sift through
- call sb up / call up sb
- write in to
- address inequality
- bring sb in / bring in sb
- encourage / discourage
- hand out (permits)
- bring down (the interest rate / oil prices)
- lower the cost of (energy)
- assume
- hold back (their oil production)
- look back on/to
- stabilize the oil price
- oil prices spike
- stockpile
- track
- sort out
- testify to
- target
- veto
- appropriate sth for sth
- claw back
- strangle
- lie with/in
- donate
- diversify
- assemble
- branch out
- shift
- go into effect
- take effect
- pass on to sb
- wind up
hold back: 1. to prevent someone or something from making progress / moving forward 2. to stop yourself from feeling or showing a particular emotion 3. to keep something secret
look back: to think about something that happened in the past
bring sb in / bring in sb: to ask someone to become involved in a discussion or situation
write in to: to write a letter to an organization to give an opinion, ask for information etc
sift through: to examine information, documents etc carefully in order to find something out or decide what is important and what is not
testify: to make a formal statement of what is true, especially in a court of law
veto: if someone in authority vetoes something, they refuse to allow it to happen, especially something that other people or organizations have agreed
appropriate sth for sth: to take something, especially money, to use for a particular purpose
appropriate: to take something for yourself when you do not have the right to do this
wind up: to be in an unpleasant situation or place after a lot has happened, end up
if you address a problem, you start trying to solve it
testify to sth: to show clearly that something is the case
if responsibility, blame, a decision, a choice, etc. lies with someone, they have the responsibility, must make the decision, etc. Where does the blame lie? Part of the blame must lie with social media.
- presidential control
- presidential election
- economic anxiety / inequality
- shape the economy
- ample supply in …
- energy crisis
- potential oil spills
- inflation decrease
- inflation slow
- watch grocery prices closely
- general / average level of prices
- goods and services in the economy
- a big fan of
- bearer of bad news
- prices go down / fall
- get / demand / ask for a raise
- potential impact
- establish yourself as something
- political meddling
- bipartisan majority of representatives in the House
- locally owned
- pay the cost of sth
- source of local news
- bring vital information
- aptly named / described / called
- request exemption
- launch tariffs
- avoid tariffs
- exempt from tariffs
- be subjected to tariffs
- put tariffs on sth
- increase tariffs on sth
- maintain relationship
- impose tariffs
- announce a tariff
- increasing tension with sb
- increasing labor cost
- business strategy
- shift production to …
- trade dispute (with)
- come to a conclusion
establish yourself as something: to cause yourself being accepted as being something
aptly named: named in a way that seems very suitable
make a dent in energy prices and also in inflation
I feel you.
When you close the spigot a little bit the water slows to a trickle
That’s pretty much the situation we are in now.
Since late 2023, the rate of inflation for groceries has significantly slowed down.
Eggs in particular have spiked quite a bit in recent months because of bird flu.
This increase in the price of eggs, it actually drove an increase in the overall grocery inflation rate more recently.
You’ll see this spike in the price level
The fact that this was the first time it happened in nearly 50 years and it wasn’t that big of a fall in price, it suggests we’re probably not going to see a big drop of grocery prices any time soon.
How is Jean or anyone really supposed to keep up? How are we supposed to be able to afford to buy this very expensive food?
- be a mug’s game
- rather be safe than sorry
- hedge your bets
- all is well that ends well
be a mug’s game: to be something that only stupid people do because it is not likely to be successful or to bring you money
hedge your bets: to reduce your chances of failure or loss by trying several different possibilities instead of one
The decision over the future of the Corporation for Public Broadcasting’s funding lies with the congress.
Maybe there won’t be tariffs on iPhones because companies can request exemptions.
In the last round of tariffs that the previous Trump administration launched in 2018-2019, it turned out that iPhone was exempted from those tariffs.
So Apple avoided the tariffs on their iPhones.
iPhones were almost subject to tariffs,
Since pandemic, a lot of companies have been diversifying where they manufacture and assemble their products.
Who knows how long it will take before those extra cost wind up getting passed on to us.
They may not get passed on at all.
