Groundhog Day 2024: Trademark, bankruptcy, and the dollar that failed

Planet Money

NPR

Business, News

4.6 • 29.8K Ratings

🗓️ 2 February 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

It's Groundhog Day, and the eyes of the nation have turned to a small town in western Pennsylvania. And, just like last year, all anyone can talk about is Punxsutawney Phil! It is impossible to find a news story that is not about one furry prognosticator.

Well, almost impossible...

Once again, our Planet Money hosts find themselves trapped in the endless Groundhog Day news cycle, and their only way out is to discover an economics story from Groundhog Day itself interesting enough to appease the capricious Groundhog Gods!

So rise and shine campers (and don't forget your booties) as hosts Kenny Malone and Amanda Aronczyk scour the news of February 2nds past, to try to find the perfect story.

This episode was hosted by Kenny Malone and Amanda Aronczyk. It was produced by Sam Yellowhorse Kesler. It was edited by Keith Romer, and engineered by Valentina Rodríguez Sánchez. It was fact-checked by James Sneed. Our executive producer is Alex Goldmark.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Transcript

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0:00.0	Support for NPR and the following message come from SAP Concur, a leading brand for integrated travel expense and invoice management solutions.
0:08.5	With SAP Concur solutions, you'll be ready to take on whatever the market throws at you next.
0:14.0	Learn more at concur.com.
0:18.0	This is Planet Money from NPR. Thank you're I don't know why I'm here. All I know is it's a meeting and I was invited and it's a little mysterious.
0:38.0	You know it's Groundhog Day, yes?
0:40.0	Yeah.
0:41.0	And you may be aware.
0:43.6	Planet Money suffers under an ancient curse, where every year on this day,
0:48.0	we have to report stories only about things that occurred on Groundhog Day.
0:53.0	Vaguely recall this?
0:55.0	I do, and if they're good enough, big enough, important enough economic stories,
0:59.0	then we break the curse.
1:00.0	That's how this works.
1:02.0	And I have very exciting news for you. Yeah. You're in the episode! I'm in the episode! That's what this is. That's the mystery meeting. I see. Okay. And Erica, what about Erica?
1:12.6	She was the host last year with you.
1:14.0	Yeah, no, she, no one's seen Erica since last year.
1:16.8	Kenny, I'm here, I'm here for it, I'm here for Groundhog Day,
1:21.7	bring it.
1:22.3	Great, so quick reminder of how this works.
1:25.4	We will start presenting a Planet Money episode
1:29.3	about, I mean, I don't know, the Great Groundhog Day train robbery of 1906.
1:35.0	Kenny, is that a thing?
	...

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