Wait Wait... Don't Tell Me! - WWDTM: Austan Goolsbee

Episode Date: April 12, 2025

This week, special guest Austan Goolsbee joins panelists Peter Grosz, Rachel Coster, and Shane O'NeillLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy...

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Starting point is 00:00:00 NPR informs and connects communities around the country, providing reliable information in times of crisis. Federal funding helps us fulfill our mission to create a more informed public, and ensures that public radio remains available to everyone. Learn more about safeguarding the future of public media. Visit ProtectMyPublicMedia.org. Visit mypublicmedia.org. From NPR and WBEZ Chicago, this is Wait, Wait, Don't Tell Me, the NPR News Quiz. I must be a dumb thing you said at a party because you can't stop thinking about me. I'm Bill Curtis. And here is your host at the Studebaker Theatre at the Fine Arts Building in Chicago, Illinois, Peter Sagal.
Starting point is 00:00:50 Thank you, Bill. Thank you, everybody. Thank you so much. We have such a useful show for you today because we are going to be talking to an absolute rock star of the economics world, Austin Goolsby. Now, he last appeared on our show to explain tariffs back in 2018 and compared them at the time to unclogging your kitchen sink with an explosive.
Starting point is 00:01:14 Now, I don't know enough to tell you if that was accurate, but immediately after that, he was put in charge of the Federal Reserve Bank of Chicago. So we are going to wait for him to come on with an appropriate metaphor for this situation. But in the meantime, we want to hear from you. The number to call is 1-888-WAITWAIT. That's 1-888-924-8924. Let's welcome our first listener contestant. Hi, you're on Wait Wait Don't Tell Me. Hi, this is Jen Ainsley calling from New York City. I'm in Harlem. You're in Harlem, New York City. Well, that's fabulous
Starting point is 00:01:48 What do you do there? I'm an executive admin to the president of a luxury fitness company a luxury fitness company I'm imagining what the culture in the office must be like does everyone wear spandex all the time And do you have meetings while people are like on their exercise bikes? Oh, absolutely. You ever just want to come in wearing baggy pants and just sit there and eat yodels? I won't tell about the secret snack closet that I have. Well it's great to have you with us, Jen. Let me introduce you to our panel this week.
Starting point is 00:02:26 First up, he's a reporter for The Washington Post, where he writes the fabulous style memo newsletter. It's Shane O'Neill. Well, hello, Jen. How are you? Hi, everyone. Hi, Jane. Hi.
Starting point is 00:02:37 Next, you know her from her TikTok show, Boy Room. It's Rachel Koster. Hi, Jen. You sound strong. And an actor and writer who can be seen in the show Two Square on Thursday April 24th at the UCB theater in New York it's Peter Gross. Hi. Hi Peter. So Jen welcome to the show you're of course gonna play who's Bill this time we start the show with Bill Curtis performing for you three quotations from this week's news your of course, correctly identify or explain just two of them.
Starting point is 00:03:07 Do that. You will win our prize. Any voice from our show you might choose for your voicemail. Ready to go? Very ready. Let's do it. Here we go. Your first quote is from a financial specialist giving his careful analysis of the economy
Starting point is 00:03:19 this week. This is bonkers. Everything went bonkers this week after President Trump couldn't seem to make up his mind about what? The tariffs. The tariffs! That's right. This week, the president continued his economic strategy of chaos and capriciousness with short breaks for insider trading. The markets cratered, recovered, and then they cratered again.
Starting point is 00:03:45 The Dow Jones went in directions we didn't know it could. It went up, it went down, it went left, then it went directly at you. The tariffs so far have been terrible for financial traders, consumers, farmers, basically everybody except people who make graphs. Great era for graphs. Were you guys freaking out all week? I'm not invested at this time. I understand.
Starting point is 00:04:15 I can't wait to have some money to put in there when things chill out. You keep your retirement account in like a half-filled out frequent customer card for Starbucks. That's your investment. There's maybe 20 bucks in there. Yeah, I understand. Reports say that Trump decided to reverse himself
Starting point is 00:04:30 on the tariffs after he saw people on Fox News saying the tariffs were really bad for the markets. He gets all his ideas from TV. That's why he insisted Don Jr. and Eric get separate bedrooms after he watched The White Lotus. Ha ha ha ha ha! I was waiting in TSA for 25 minutes today on the way here. And so I started making small talk with some gentleman with me and the guy in front of
Starting point is 00:04:54 me was like, oh yeah, I work in finance. And I was like, oh, quite a week. And he went, well, when people buy or people sell, I still get a commission. And I was like, oh my my god there's someone I can hate more than the TSA right now. The tariffs remain prices will go up and many Americans are stockpiling certain goods already among them this is all true, European brands of cat food, seaweed. Ew! If you're buying European brands of cat food, you deserve to lose a ton of money. Absolutely. My cat won't eat anything but el jamón, Spanish Iberico cat food.
Starting point is 00:05:38 Yes. I think you've never met my aunt. She would go absolutely broke buying European cat food. What's wrong with buying your pink I don't know frisky sheba yeah I'll tell you what mittens I tell you what a lot all right gent your next quote is from a scientist in the news this week holy crap that's the first time in 12,000 years that this species has howled he was responding to the announcement that geneticists have brought back a long extinct type of what? Dire wolf.
Starting point is 00:06:11 Yes, the dire wolf is back. If you've never seen a dire wolf, just picture a wolf, but it's much bigger and never should have been brought back from extinction. They claim, they claim to have brought this extinct prehistoric animal, the dire wolf, back from extinction. It's news that has many Americans asking, can we shoot it? Now, a dire wolf is like bigger and stronger and more powerful than a regular wolf. Pretty much. How did it go extinct?
Starting point is 00:06:43 Isn't that against against all of evolution? So many animals went extinct around 12,000 years ago, which is when the dire wolf apparently went extinct, because we humans ate them. Which is not the case with the dire wolf. What happened with the dire wolf, so many other predators, went extinct because we ate their food.
Starting point is 00:07:01 Basically, the last major mass extinction happened because of some human being going, are you going to finish that? Well, hopefully we can learn our lesson and eat these new dire wolf. Exactly. You have to say, well, why did they choose a dire wolf when there are really cool animals they could bring back, like the 12 foot tall giant sloth or the huge carnivorous, and these are very real, terror birds? I think they made a good choice. I know but they brought back they did they they brought back the direwolf because of Game of Thrones which featured direwolves rather prominently made them famous. Guys that
Starting point is 00:07:38 show also had dragons in it what are we thinking? Why can't they make more of the buff guy I do not mean I'm not sure but I do not believe Jason Momoa is extinct we could always go for a couple more okay all right Jen your last quote is from the New York Post they're not looking for love They're looking to file the post was writing about a new survey that suggests one in three singles I've used a dating app to find someone to help them do what? Someone defies an accountant. Yes, they're looking for someone to help with their taxes on the dating apps. Young people are flocking to the apps seeking not love, but the opposite of love, an accountant.
Starting point is 00:08:32 And if you happen to be an accountant or tax expert and your hinge date just showed up with a shoe box full of receipts, she may not want you for your body. Ooh, you look so taxi. I think boys are an incredible resource, and if you're using dating for anything other than to learn information, then you're missing part of the point. They can be so helpful. I just broke up with someone before we enter a recession, do you know how many questions I'm going to have to send to my dad instead?
Starting point is 00:09:00 That's such a bummer. You think boys are a good source of information? I think they're incredible. Girl, we know different boys. This is this information, the survey was from the dating app Hilly, which asked more than 2,000 users if they would look for a date who could help with their taxes. A third of them said yes. Also, another third, I guess not the same third, said they find people who do their own taxes sexier than people who hire an accountant, right? It's a little bit of a contradiction. So if you're on a date this weekend, the right thing to say is, well I do my own
Starting point is 00:09:34 taxes of course and I'd be happy to do yours, but you're too beautiful to need that. People who do their own taxes are also sexier because they're probably like in a lot of trouble with the law, which is always how... If you're on the run, that is so... You're on the run. Wait a minute, wait a minute. I know that bad boys have always had an appeal to women, but you're telling me that a bad boy is someone who does his own taxes and might not have all the receipts?
Starting point is 00:10:04 Yes. No, it's like you picture a guy who's like, listen Rachel, I can't stay. I'm on the run. I killed three people in Idaho. Also, also April 15th is coming up, but I have to finish my taxes. I'm listening. I don't mean to take air out of this, but like is this, I mean, when I was waiting tables once I went on a date with a customer I didn't like because I knew he had a hot tub. I mean, what's the difference here, you know?
Starting point is 00:10:28 It all comes out in the wash in the end, right? Exactly. Bill, how did Jen do on our quiz? Well, she can check off a perfect score. Well done, Jen. Congratulations. Thank you. Right now, panelists, time for you to answer some questions about this week's news.
Starting point is 00:10:51 Shane, a new study should be encouraging to all the single folks out there. While being married, we all know, does enhance your happiness and well-being, it turns out you can get the same boost from what? Sherbert. You have to say it's true. I'm guessing you do, Sherbert. That wasn't the result. It's too lengthy?
Starting point is 00:11:12 Absolutely. No, not Sherbert. You can get the same boost of being married as having a pet? Yes, exactly. Right. Having a pet? Yes, exactly right! Researchers in Britain just found that the psychological benefit of owning a dog or cat is basically the same as what you get from marriage. And of course pets would be way better than marriage if you didn't have to pick up your dog's poop. Or I guess if you did have to pick up your dog's poop. Or I guess if you did have to pick up your husband's.
Starting point is 00:11:46 I mean I've let my cat do my taxes for the last ten years. I would never buy a human being European food. That's all I'm saying. You want Nutella honey? Find another husband. Coming up it's a collectible bluff the listener game called 1-888-WAITWAIT-TO-PLAY. We'll be back in a minute with more of Wait Wait Don't Tell Me from NPR. 99% of the US population lives within listening range of at least one public media station.
Starting point is 00:12:22 And everyone can listen to NPR podcasts free of charge. That means you get completely unpaywalled access to stories, prize-winning reporting, and shows that represent the voices in every corner of the country. Hear the bigger picture every day on NPR. This is Ira Glass. In Lily's family, there's a story everybody knows by heart.
Starting point is 00:12:44 If this story had never happened, All of us wouldn't be here right now. Sammy wouldn't be here. Tina wouldn't be here. Wally wouldn't be here. Anyone that we know wouldn't be here. No. So what happens when Lily's mom tells her
Starting point is 00:12:57 this story is not true? This American life, surprising stories every week. Wait, wait, don't tell me. Fresh air, up first. NPR News Now, Planet Money, Ted Radio Hour, Th stories every week. Get all sorts of perks across more than 20 podcasts with the Bundle option. Learn more at plus.npr.org. The latest season of The White Lotus served up a tropical buffet of sex, betrayal, violence, revenge, privilege, drugs, death, and this was new, spirituality. But whose dead body was floating in the pond? We've seen the finale and we've got thoughts on thoughts.
Starting point is 00:13:41 Listen to the Pop Culture Happy Hour podcast from NPR. ["Pot Culture Happy Hour"] From NPR and WBEZ Chicago, this is Wait, Wait, Don't Tell Me, the NPR News Quiz. I'm Bill Curtis. We are playing this week with Peter Gross, Rachel Koster, and Shane O'Neill. And here again is your host at these two to make her theater in Chicago, Illinois, Peter Segal. Thank you, Bill.
Starting point is 00:14:11 Thank you so much right now. It is time for the Wait, Wait, Don't Tell Me Bluff, the listener game. Call 1-888-WAITWAIT to play our game on the air or check out the pinned post on our Instagram page at Wait, Wait NPR. Hi, everyone. Wait, Wait, Don't Tell Me. Hi, this is Rachel from Maple Grove, Minnesota. Maple Grove, that's a suburb of the Twin Cities, right? It is. Yeah, what do you do there? I work in HR technology. HR technology? So yeah, it's like the good parts of HR. I don't have to deal with people, just computers. I see.
Starting point is 00:14:46 So it's like, it's the best part of human resources because you're not dealing with any humans. Exactly. You just get to do the resources. That's the best part. I get it, OK. You work in art. Well, welcome to the show, Rachel.
Starting point is 00:14:59 You're going to play the game in which you mispride to tell truth from fiction. Bill, what is Rachel's topic? Collect them all. Who doesn't love a collection? Star Wars figurines, stamps, the still beating hearts of those you've vanquished. Our panelists are gonna tell you about a new collectible out there, one we hadn't heard of before. Pick the one who's telling the truth and you will win our prize the voice of your choice and your voicemail. Ready to play? Yep. Okay, first let's hear from Shane O'Neill. Boomers traded baseball cards. Millennials traded
Starting point is 00:15:30 Pokemon cards. Gen Z traded their childhoods for a lifetime spent on algorithmically driven social media platforms. But Gen Alpha has a new hobby, trading Ojiisan cards. What are OJISAN cards? Why they're trading cards featuring middle-aged men. Eddie Miyahara, the secretary general of the Sidosho Community Council, was looking for a way to bridge the town's generation gap. The obvious solution?
Starting point is 00:15:57 Create trading cards featuring local men. Incredibly, it worked. The Sidosho Community Council just can't meet the demand of local youth eager to trade Mr. Honda, a 74-year-old fire chief, for Mr. Takashita, an 80-year-old soba noodle maker. The most coveted card is Mr. Fuji, a 68-year-old former prison guard who has become so popular that local children are asking him for his autograph. As of now, there are no plans to expand the trading card game to include the town's middle-aged
Starting point is 00:16:27 women, presumably because no female in Sidosho or the world would want to be involved in something this stupid. The kids in a town in Japan are collecting trading cards with the middle-aged men of the town on them. Your next collectible chronicle comes from Rachel Koster. After their Xbox exploded at a sleepover, a group of 11-year-old boys from Syosset, New York resorted to watching an old Sherlock's Home DVD, which caused a new obsession that is a huge mystery to their parents.
Starting point is 00:17:02 The six boys who attended Frankie Giovanni's 11th birthday party have begun collecting tobacco pipes and smoking jackets. Each boy has amassed dozens of velvet, silk, and satin jackets. Their fresh new lifestyle has begun to interfere with their extracurriculars. Frankie missed his soccer game because he was weeping over the beauty of an Hermes handkerchief, said Rebecca Giovanni. Kevin wouldn't come down for his dino nuggets because he was in a bidding war for the jacket from Scarface," said Tony Farina's mother Trish.
Starting point is 00:17:33 The boys now eschew playground time to gather in their finest velvet suits, holding unlit pipes and discussing their bones growing weary, the turbulent market, and the long-forgotten days of third grade. discussing their bones growing weary, the turbulent market, and the long-forgotten days of third grade. Boys collecting the accoutrement of the Edwardian era. Pipes and smoking jackets, your last new collection comes from Peter Close. The latest fad to sweep rural America, everyone's crazy for cheese wax. 11-year-old Celine Duchamp and her family moved
Starting point is 00:18:05 to the small town of Coldwater, Ohio from Evron, France, where Babybel cheese, those little round red spheres of wax-covered cheese, is made. She was trey homesick, so her classmates bought Celine 100 wheels of Babybel as a welcome gift. She gleefully gorged the cheese, and after the constipation cleared up, she thanked her new friends by stringing the used wax together to make them jewelry.
Starting point is 00:18:27 Necklaces, hoop earrings, and clunky bracelets that would have made Mrs. Roper proud. In a conservative small town, the trend caught on with lightning speed and soon everyone was collecting babybel wax and making red plastic jewelry, hats, bags, and even dresses which one girl wore to the spring dance this week where she was crowned queen. Kids in nearby towns have started doing it too and it's led to a full blown red wax panic. Parents are in an uproar, local politicians are furious and a Presbyterian preacher got so angry he tried to forbid everyone from dancing and wait a second that's actually footloose.
Starting point is 00:18:59 All right. Somewhere out there somebody is excited. Somebody's excited about a new collectible. Was it from Shane O'Neill, the kids in a small Japanese town who were all collecting and trading the cards depicting the middle-aged and older men in their town, with other stats in the back, I presume, from Rachel Costner, a town in Long Island where a bunch of boys are all really into smoking jackets, or from Peter Gross, a town in Ohio where everybody's collecting those wax rinds from
Starting point is 00:19:35 little baby bell cheeses. Which of these is the story of a new collectible we read about in the news? I think it has to be the baby bell wax. I just feel like that's something I would have done. That's like a 12 year old. You can see yourself as a 12 year old just like going, Mom, I just need more of that baby bell, throwing away the cheese, keeping the wax. Well, to bring you the real story, we spoke to a reporter covering it.
Starting point is 00:20:03 The community center actually created the cards to be just collectible, but it was the kids who added the battling aspect. That was Andrew Corbley of the Good News Network talking about the collectible old man cards in the town in Japan. So even though Peter's idea was delicious and tempting, to me as well, sadly he was lying to you, and Shane was telling the truth. So sadly you didn't win, but you earned a point for Peter, and the right to go out and have some Babybel whenever you want.
Starting point is 00:20:36 Oh, good. Thank you. Well, thanks for playing. Take care. Bye-bye. And now the game we call Not My Job. Austin Goolsbee was chair of Barack Obama's Council of Economic Advisers, and then he became a professor at the University of Chicago, and in 2022 became the president of the Federal
Starting point is 00:20:58 Reserve Bank of Chicago, which we assume means he's in charge of finally winning the war with the Federal Reserve Bank of Kansas City. We thought it'd be a great time to hear from somebody who can tell us what the hell is going on. So Austin Gulsby, welcome back to Wait, Wait, Don't Tell Me. Yeah, it's great to see you again. Great to be with you again. So I guess I'll just start with this. How was your week? It was a bumpy week, wasn't it?
Starting point is 00:21:24 It was, a little bit. A little bit. This is a day or a week or a month or a year or this is a life of the Fed. You know, the Fed was invented coming out of the panic of 1907. So we've been dealing with financial stability and market chaos and cleaning up messes for a long, long time. So as I said, you were named to be president of the Federal Reserve Bank of Chicago. What does that mean exactly? What do we do all day? Well, exactly. I still ask myself that question.
Starting point is 00:21:59 There's five functions of the Fed. I kind of think of it as being on your hand. The federal government is a federal government that has five functions of the Fed. I kind of think of it as being on your hand. At the base is monetary policy. It's the opposable thumb. It's what separates us from the animals. And we have a research department. We go every six weeks or so to Washington, D.C. for the federal open market committee, the shades come down, there's a giant table and they go around the room, and it's kind of, I don't know, it's kind of paradise if you're a econ
Starting point is 00:22:29 nerd. All right, let me interrupt. So I understand that there are 12 Federal Reserve Banks, and some of them, some of you presidents get to be in that Open Markets Committee, and that's like this weird arcane thing where you meet and everybody stands outside like you're naming a new pope. And then... There's no pope and there's no fires. But other than that, yes, that's pretty much how it is.
Starting point is 00:22:52 And then the head... Is Ray Fiennes in it? Because he was so good at it. Yeah. And then what always happens is the head of the Federal Reserve comes out and he announces that if you're going to raise or lower or leave interest rates alone. Yeah, pretty much. Everybody sits around the table. And he comes out and he announces that if you're going to raise or lower or leave interest rates alone. Yeah, pretty much.
Starting point is 00:23:07 Everybody sits around the table. There are boards of the board of governors are political appointees and they're at the Washington DC Fed. And then 12 of the 19 people around the table are from the 12 reserve banks. The Chicago district is kind of heart of the Midwest. It's most all of Iowa, Wisconsin, Illinois, Indiana, Michigan. I feel a little regional pride. Do you guys get into like rivalries? Like you know you start trying to... Oh yeah, majorly. Like give me an example of like how you guys like how you would
Starting point is 00:23:38 talk trash with like the head of the Atlanta Federal Reserve Bank. The head of the Atlanta Federal Reserve is Rafael Bossi. He's an old friend of mine. And he was, in fact, the guy that- Yeah, but he's not here, man. Say something. So I can talk about him. I was applying for the job.
Starting point is 00:23:54 Actually, he's the first guy I called. I said, what do you do all day? Tell me about this job. I try, when I go to make my statement, I try every meeting to come with some receipts about why we're the greatest district in America. Like that something on the order of 90% of the pumpkins grown in America are grown within a 100-mile radius of Peoria, Illinois. If we have a meeting around Halloween, you bet I'm trotting
Starting point is 00:24:29 that one out. Oh man, Austin's going on about the pumpkins again. Now they're rolling around. There's no question. I have no problem with that. Can I ask a personal question? You may. Go ahead, please. Mr. Goolsbee, I'm sorry. I'm'm sure you're tired of people asking this but just in light of the Tariffs and everything that's happened this week
Starting point is 00:24:49 Should I buy or sell my beanie babies? We say it's all about the price what can you get for them exactly? Well, it's also an emotional commitment We didn't in fact want to talk to you about what's going on. You may remember that when you joined us back in 2018, we asked you if you could explain what tariffs were and how they worked. And you gave us this wonderful metaphor of using a tariff to fix your economy is like using an explosive to clear a clogged drain. And that you may get good results.
Starting point is 00:25:21 And my Aunt Trina's lasagna. Exactly. It was amazing. So if your Aunt Trina's lasagna was sufficient to explain the relatively low tariffs that President Trump was putting in place then, what would be adequate to explain what he's doing now? Well, look, the last time we talked about tariffs, I forgot to give my hat, Trina, any
Starting point is 00:25:49 warning that I had talked about. All her friends began calling her up. And they said, is it true you're lasagna? And she was like, I thought it was a pot roast. But she did basically. Oh, that's a huge mistake. I mean, those are two. If you're looking at a pot roast recipe and lasagna comes out, you need to read that recipe.
Starting point is 00:26:11 But now, I mean, instead of, I'm guessing, and maybe you can't speak about it because of your position now, but I'm guessing like instead of Aunt Trina's lasagna being stuck in the pipes, now it's Aunt Trina. She's down there, nothing else is going down. And I'm going to say, you're out of the fiscal policy business. So Congress and the president in their wisdom can do anything they want. I would say the Chicago Fed, the Chicago State, the Chicago State, the Chicago State, the Chicago State, the Chicago State, the Chicago State, the Chicago State, the Chicago State, I'm not saying that the federal government is not going to do anything with the fiscal policy business.
Starting point is 00:26:52 Congress and the president in their wisdom can do anything they want. The Chicago fed motto is like the Chicago city motto. There is no bad weather, there and we get on with it. The Fed is who you call when it's like, clean up aisle three, and we go out and we clean it up. And if it's peanut butter, it's different than if it's milk, but basically our job is to weigh in there.
Starting point is 00:27:17 Well, Austin Goolsbee, it's always so great to talk to you. You make economics far less dreary, but we have invited you- It's not dreary at all. What? How could you say that? That hurts. That's what I mean. That's what I mean.
Starting point is 00:27:29 It's your enthusiasm that does it for us. But we have invited you here to play a game we're calling- Goolsby, Goolsby Shoppin'. So we're thinking about your name, Austin Goolsby, And we wondered, Goolsby, Goolsby what? Shopping, of course. Goolsby Shopping. And where would Goolsby Shopping? Spirit Halloween, of course.
Starting point is 00:27:52 So we're going to ask you three questions about the nationwide chain of pop-up costume storage will win our prize for one of our listeners, the voice of anyone they may choose for their voicemail. Bill, who is Chicago Federal Reserve President Austin Gouldsby playing for? Aaron Davis of Sacramento, California. Let me apologize up front, Aaron.
Starting point is 00:28:16 I hope I can deliver, but I don't know. All right. Here's your first question. Spirit Halloween actually pays to license their costumes based on movies and TV, but others don't, such as Walmart, who sold a, obviously, a Wednesday Addams costume, but they called it what? A, evil midweek cutie. B, Tuesday Eves.
Starting point is 00:28:41 Or C, goth nine-year-old? It has to be the evil midway kitty. It is, sir. It is. Of course. Of course. Of course. Very well done, yeah.
Starting point is 00:29:00 All right, here's your next question. Although their main focus is the three months, of course, around Halloween, Spirit Halloween as a company has tried to expand its brand with which of these? A, Spirit Halloween the movie, B, Spirit Halloween fresh home meal kits, or C, Spirit Halloween the water park? Yikes. Those are the three choices. Those are the three choices.
Starting point is 00:29:24 I mean, how would it be anything but a movie? Yikes. Those are the three choices. Those are the three choices. I mean, how would it be anything but a movie? And you're right again. Yes, Spirit Halloween the movie. It's about three teenagers who get locked in a Spirit Halloween store on Halloween and ghostly hijinks ensue. It was released on streaming in 2022. All right. Last question. this evening would be perfect. Spirit Halloween, of course, most famous for their sexy whatever costumes, you know.
Starting point is 00:29:50 Which of these is a real sexy Halloween costume? A, sexy Mr. Peanut. B, sexy Walter White from Breaking Bad. Or C, sexy pizza rat. Oh my goodness. It has to be the sexy pizza rat. It is, but they're all real. All of them.
Starting point is 00:30:16 You can be any one of those you like. Bill, how did Austin Goolsbee do on our quiz? As expected, he got them all right. Austin, you're the winner. Congratulations again. I think you're two for two on our show. And after you appeared earlier on our show, you became president of the Federal Reserve.
Starting point is 00:30:37 So I can only imagine what glories await you now, sir. I was going to say how much I owe you. And the check is in the mail. Austin Goolsby was one of Salon.com's 15 sexiest men of 2010. He's also the president of the Federal Reserve Bank of Chicago. Austin Goolsby thank you so much for coming back and joining us. Thank you sir. Take care. Take care. In just a minute, we will reveal where Bill Curtis got his latest tattoo. It's our listener limber challenge game.
Starting point is 00:31:14 Call 1-888-WAITWAIT to join us in the air. We'll be back in a minute with more of Wait Wait Don't Tell Me from NPR. Having news at your fingertips is great, but sometimes you need an escape. And that's where Shortwave comes in. We're a joy-filled science podcast driven by wonder and curiosity that will get you out of your head and in touch with the world around you. Listen now to Shortwave, the science podcast from NPR. Since Donald Trump took office in January, a lot has happened. The White House Budget Office ordered a pause on all federal grants and loans. The impact of the Trump administration's
Starting point is 00:32:04 tariffs is already being felt in President Trump's efforts to radically remake the federal government. The NPR Politics Podcast covers it all. Keep up with what's happening in Washington and beyond with the NPR Politics Podcast. Listen every day. Oh, hey there. I'm Brittany Luce. And I don't know, maybe this is a little out of pockets to say, but I think you should listen to my podcast. It's called It's Been A Minute and I love it. And I think you will too.
Starting point is 00:32:33 Over the past couple months, over 100,000 new listeners started tuning in. Find out why. Listen to the It's Been A Minute podcast from NPR Today. From NPR and WDBEZ Chicago, this is, wait, wait, don't tell me, the NPR News Quiz. I'm Bill Curtis. We are playing this week with Rachel Koster, Peter Gross, and Shane O'Neill. And here again is your host at the Studebaker Theater in Chicago, Illinois, Peter Sagal. Thank you, Bill. In just a minute, it's the game where if you lose, everybody backstage makes fun of you. It's the listener limerick challenge. If you'd like to play, even now,
Starting point is 00:33:20 give us a call at 1-888-888-9248-924. Right now, I'll answer some more questions for you from the week's news. Peter, a superfan of the rapper Young Thug recently showed off his new tattoo online, which covers his entire back. It's a picture of three galloping horses under the Young Thug lyric, Horses don't stop, they keep going. There's just one problem with the tattoo. What? It's either a misspelling or they're not horses.
Starting point is 00:33:45 Well, you're right. They're not horses in the lyric. The actual lyric in the Young Thug rap is, Hustlers don't stop. They keep going. And so the guy got the tattoo, God knows how much time and money went into it and pain, and he posted a picture and it drew dozens of comments from other Young Thug fans and they're all saying
Starting point is 00:34:07 What do you mean? He's not saying horses everybody thought he was saying horses Did he have to weigh in? Yeah, he did weigh in this is true Young Thug himself weighed in and this is what he said He made a promise to annunciate better This is what he said, he made a promise to enunciate better. Ha ha ha! And his fourth grade teacher was like, I always thought Gerald could enunciate a little bit better. Exactly, yeah.
Starting point is 00:34:33 He is lucky that horses don't stop, they do just keep going. So he wasn't even wrong, even though he was. You know what a young thug has to do now is write a song called Horses Don't Stop. Exactly. Just to justify the ink. He can retroactively validate the tattoo. I love it. This does make me feel better about my tattoo which says dance like no one's horses.
Starting point is 00:34:54 Or the guy, he can modify the tattoo and just give them like sunglasses and bandanas and like cool shirts and be like they're hustlers. They're hustlers, they're horse hustlers. These are horses, they're hustlers. They're hustlers, they're horse hustlers. These are horses, they're hustlers. Yeah. Shane, a mountain village in Italy has started to draw tourists and even new residents after deciding to like lead with the fact that their town is absolutely overrun with what? Dandruff.
Starting point is 00:35:18 No. Uh, rats? No, bigger. Oh God, bigger than a rat? Smaller than a dandruff? Um... Well, we always knew they crapped in the woods. Now they can just crap on Main Street.
Starting point is 00:35:32 Bears! Bears! Yes, bears. If you've ever enjoyed gorgeous scenery in a rustic village but said, I wish it were more terrifying, we know where you should plan your next vacation. You should visit Petrano Surgizio, which translates to, mama mia, look behind you. For years, people have been afraid of the bears around there,
Starting point is 00:35:51 but now they're embracing it. Goodbye, bear traps. Hello, tourist traps. And now a bunch of fat, hairy gay guys are like, hey, Italy! It is! There you go! Wait, where in Italy? It must be super far north, right? I don't picture them down in the Tiguitere bears. No, no, where in Italy? It must be super far north, right?
Starting point is 00:36:05 I don't picture them down in the Tiguitere bears. No, no, no. They're up in the Apennine Mountains up in the north of the country, near the Alps. What the town did is they bear-proofed it so the bears can't get into the garbage cans and stuff. And this new ecological focus is like a bear reserve has increased tourism tenfold. It's a big turnaround for a town that was home to 5,000 people back in 1920, but now has a permanent population of just 390.
Starting point is 00:36:30 Oh wait, wait a minute. Now it's 389. I was going to say all the flights there are booked and all the ones back are like half empty flights. This is great long-range planning. This year you're the town with all the bears. 10 years from now you'll be the town with the best ghost tours. There's that rhyme about the bears,
Starting point is 00:36:51 like if it's black, fight back. If it's brown, lie down. So then like if it's Italian, um. You're stallion. Yeah. Wait. There is a bear about whom the advice is laid down. Yeah, it's like you're supposed to...
Starting point is 00:37:07 Play dead. Ah, no, it's someone sleeping. I'm so sorry. I really apologize. It's play dead. Brown bears are really respectful of rats. They just get it. They come over and they're like, here's an eye patch.
Starting point is 00:37:20 I'm the celestial season bear. Coming up, it's Lightning Fill in the Blank, but first it's the game where you have to listen for the rhyme. If you'd like to play on air, call or leave a message at 1-888-WAIT-WAIT. That's 1-888-9248-924. You can see us most weeks here at the Studio Baker Theater in Chicago or on the road. We'll be in Portland, Maine June 26th and 27th, and at Tanglewood in Western Massachusetts on August 28th. Tickets and info are at nprpresents.org.
Starting point is 00:37:50 Hi, Erin, wait, wait, don't tell me. Hi, this is Lori Riccio from Providence, Rhode Island. Hey, Lori Riccio from Providence. Hi, Peter. I love Providence. It's an Italian town going way back. Are you like one of those long-term Providence Italian families?
Starting point is 00:38:06 Nope, only half Italian. So I spent half my life in Westerly, Rhode Island, and the other half in Providence. Westerly, Rhode Island and Providence are four miles apart. You could walk from one to the other. Easy to split my time, yes, exactly. Well, welcome to the show, Lori. Bill Curtis is going to read you three news-related limericks with the last word or phrase missing from each. If you can fill in that last word or phrase correctly, two of the limericks will be a winner. You ready to play?
Starting point is 00:38:37 Yep. Here is your first limerick. Big striped cats are my comfort providers. When they roar, they imbue moral fiber. Though they make small prey nervous, they do me a service. Don't rid me of my seven. Oh, I can't, I don't know. Big striped cats might be a bit of a clue. Tiger.
Starting point is 00:39:03 Tiger, yes. Oh, sorry. When officials came to seize a Nevada man's unauthorized big cat collection, the man claimed that all seven of his tigers were service animals. He was arrested. The tigers were taken to an animal sanctuary, which is kind of a shame because I would have loved first to see him try to get on a plane with seven tigers, each of them wearing an enormous don't-pet-me-I'm-working vest.
Starting point is 00:39:33 And I think it was like, without these tigers, I'm so anxious. No, this is true. He claimed that his seven grown tigers helped him with his PTSD, which I assume stands for petting tiger stress disorder. I visited a tiger sanctuary in Indiana once, and when you throw them a pumpkin, they eat them in like one bite. It was pretty satisfying. So that was like emotional support.
Starting point is 00:39:58 That's like, you know, it's like cracking your knuckles. It's something satisfying to watch. Right. Times seven. I'm on his side. I'm sorry. They can't tell the difference between a pumpkin and an unwell head. Or a well head, who knows? Alright, here is your next limerick.
Starting point is 00:40:15 Small tattoo gun, flat bed, and a clamped lamp. I'm all prepped as a freshly revamped scamp. Soon I'll have inky tracks on my flat lower back. I embrace the return of the... Tramp stamps? Tramp stamps! Yes! I thought no one would ever get that. Tramp stamps are the lower back tattoos that in the 90s were associated with promiscuity and in the 90s were associated with promiscuity and in the 2000s were associated with laser removal. But now, according to some of the nation's top tattoo artists, lower back tattoos are making a comeback.
Starting point is 00:40:54 Of course, tattoo artists have always loved tramp stamps because it's so hard for you to see whether they made a mistake. Obviously, things are different with the younger generation. For one thing, nowadays they don't always have to be a butterfly. And these tattoos don't have to be slutty. My tramp stamp says, true love waits. I'm a barista in Brooklyn. This news is not very shocking to me.
Starting point is 00:41:18 All my coworkers are sporting them. What are they getting though? Just like really scary like skulls and stuff. They're getting scary skull tramp stamps? Yeah, they're Just like really scary skulls and stuff. Are they getting cyber-sigils? Scary skull tramps? Yeah, they're all like goth and LGBT. And the goth crossover is crucial, I guess. I'm old enough to remember when gay people had taste.
Starting point is 00:41:36 Ha ha ha! We need queer elders, not more than ever. We need queer elders. I will happily come to your coffee shop and bully your gay barista co-workers. Here is your last limerick. No matter how well runners train, a marathon makes them insane. There's the pain and the smell and the loss of gray cells because this train makes them shrink their own brain exactly right
Starting point is 00:42:07 according to new research running a marathon can deplete the part of your brain in charge of motor skills and emotional regulation for up to two months after the race but hey you get a medal. So basically, during the race, as your body depletes its stored energy, it starts eating your brain fats after it's gotten rid of your, like, pasta fats. Come on, body, my love handles are right there. I've been at bars when running clubs come in afterwards. You don't need to tell me twice that they're a little dumb. Bill, how did Lori do in our quiz?
Starting point is 00:42:49 Perfect. Three in a row. Well done. Thank you so much for playing, Laurie. Thank you, Peter. Take care. Can't you tell I'm not well? I need a new brain.
Starting point is 00:43:01 Pack it in, start again with one I can train. I was back in the day when I was a kid. I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I was a kid, I need a new brain Pack it in, start again with one I can train I was bound to let you down Hey it's Amartinez, even as the host of a news show it can be hard to keep up with the headlines. That is why we make the Up First podcast. Every morning in under 15 minutes we cover
Starting point is 00:43:24 three major stories with context and analysis from reporters around the world so you can catch up on lo que esta pasando while getting ready, making desayuno, or going to work. So listen to the Up First Podcast from NPR. Cell phones, cars, coffee. How do these goods make their way to us from overseas and what will President Trump's tariffs mean for their price tags. Join the 1A Podcast as we explore supply chains and costs associated with some of your favorite products. It's our series, How Did This Get Here, every Wednesday. Listen to the 1A Podcast from NPR and WAMU. Do you remember when discovering a new artist felt like finding buried treasure? At All Songs
Starting point is 00:44:03 Considered, NPR's music recommendation podcast, we put that kind of magic back into discovering new tracks. We're here to make the hunt for new music easy, delivering you the cream of the crop from every genre. We'll help you make music feel fun again, only on All Songs Considered from NPR. Now it's time for our final game, Lightning Fill in the Blank. Each of our players will have 60 seconds in which to answer as many Fill in the Blank questions as they can. Each correct answer now worth two points. Bill, can you give us the scores?
Starting point is 00:44:32 Shane has two, Peter and Rachel each have three. That's exciting. It is. So that means Shane. It feels good to win. So that means Shane, you are in second place, right? So the clock will start when I begin your first question. Fill in the blank.
Starting point is 00:44:46 On Tuesday, the Supreme Court said that the White House had no obligation to rehire workers who were laid off by blank. Donald Trump? Or Doge? Doge, yeah. On Tuesday, the acting commissioner of the blank announced plans to leave the agency. I mean, name all of them. I don't know.
Starting point is 00:45:01 A whole bunch. This week it was the IRS. As part of a prisoner exchange, ballet dancer Cassinia Carolina was released from detention in blank. Russia? Right. On Thursday, the lineup for this year's blank film festival was announced. Cannes? Yep. This week, police escorted a woman off her flight after she refused to blank. Share her Diet Coke.
Starting point is 00:45:17 So close. Pay for the Pringles, she ordered. On Tuesday, Mattel announced that LeBron James would become the first male athlete to become a blank doll. A Ken doll! Right. On Thursday, comedy institution Blank announced aron James would become the first male athlete to become a blank doll. A Ken doll! Right! On Thursday, Comedy Institution Blank announced a British spin-off. Oh, SML. Yes. This week, a man in Montreal whose car was parked legally still got a ticket because the city blanked overnight. Froze. No, turned the parking space into a bus stop.
Starting point is 00:45:38 What? Cruise, he parked, perfectly legal space, then Cruise came out, converted that street parking into a bus stop overnight, and minutes after completing the job, they gave the man a ticket for being parked at a bus stop. Even worse, even worse, they converted his car into a bus and now there's a guy in his backseat FaceTiming without headphones on. I don't know, I don't feel bad about the tariffs anymore. Yeah, you are. Get him. Bill, how does Shane do in our quiz?
Starting point is 00:46:06 Five right for ten more points. His total of 12 puts him in the lead. Well done. Here we go. So arbitrarily, why don't I pick Rachel to go next? Thank you. You're very welcome. I don't know why you're thanking me, but here we go. Rachel, you're up next. Fill in the blank. On Thursday, the House passed the GOP's blank plan. It's a new one for fishing.
Starting point is 00:46:32 Fishing plan, no, their budget plan. This week, federal judges temporarily halted the deportation of several men from blank. El Salvador. No, Venezuela. On Monday, Florida defeated Houston to win the 2025 Men's Blank Championship. Basketball.
Starting point is 00:46:46 Right. NCAA. While speaking to a panel in California, Secretary of Education Linda McMahon repeatedly referred to AI as blank. Good. No, she referred to it as A1. Saucy. On Tuesday, a list of the world's best airports were released and blank of them were located
Starting point is 00:47:03 in the US. Most. No. Most. No, none. This week, a rugby game in France was delayed after the person who was supposed to parachute into the match holding the game ball blanked. I got scared. No, got stuck on the stadium roof. The man was gliding down gracefully when the parachute got caught in the ceiling of the
Starting point is 00:47:23 stadium overhang, leaving him dangling in front of thousands of fans. While holding the ball, they needed to start the game. Oh no. They're like, just drop it. Drop the ball. Oh, I did bad. Well, let's find out, Bill, how did Rachel do in our quiz? One right.
Starting point is 00:47:42 Thank you, guys. It's not as easy as it looks. But it gives her two more points, which means that she has five. Bit of a genius. So how many then does Peter Gross need to win this thing? Five to win. Five to win. All right.
Starting point is 00:48:01 Here we go, Peter. This is for the game. In a reversal to his typical stance, Blank urged people to get the measles vaccine this week. Oh, RFK Jr. On Tuesday, a federal judge said the administration's decision to limit the AP's access to Trump violated the blank. The First Amendment.
Starting point is 00:48:15 Yeah, the Constitution. This week, rescue workers are still searching for survivors after a nightclub's roof collapsed in blank. Oh, a Dominican Republic. Exactly right. On Wednesday, it was ruled that Newsmax had defamed Dominion voting systems when they said the blank was rigged. The 2020 election. Right. After ending a career of over 20 years it was revealed that a judge in Brazil's real name was José de Reis and
Starting point is 00:48:36 not blank like he had always claimed. Maria de Reis. No, it was not Edward Albert Lancelot Dodd, canterberry, caternum, wickfield. According to a new study, heavy blanking increases risk of cognitive decline. It can't be heavy petting. No. Heavy drinking. Heavy drinking. This week, a plumber in Indiana who wasn't paid after unclogging the pipes at a local restaurant blanked. Clogged the pipes at a local restaurant blank clogged the pipes intentionally he did he went back and reclogged the pipes it
Starting point is 00:49:12 was an ingenious way to get paid and it worked but it made for the weirdest job listing of all time wanted you and all your hairiest friends to come shower in a restaurant's sink bill did Peter do well enough to win? He did. 15 is his total score. He wins. Congratulations, yay! Well done.
Starting point is 00:49:31 Thank you. Well, in just a minute, we're going to ask our panelists to predict, now that we have the dire wolf, what will science bring back next? But first, let me tell you that, wait, wait, don't tell me, is a production of NPR and WBEZ Chicago in association with Urgent Haircut Productions, Doug Berman, Benevolent Overlord. Philip Kodake, Reza Limarek, our public address announcer is Paul Friedman.
Starting point is 00:49:50 Our tour manager is Shana Donald. Thanks to the staff and crew at the Student Baker Theater. VJ Liederman composed our theme. Our program is produced by Jennifer Mills, Miles Norbos, and Lillian King. Special thanks to Blythe Robertson and Monica Hickey. Peter Gwynn is our emotional support producer. Emma Choi is our vibe curator.
Starting point is 00:50:05 Our Jolly Good fellow is Hannah Anderson. Technical Direction is from Lorna White. Her CFO is Colin Miller. Our production manager is Robert Newhouse. Our senior producer is Ian Chilag. And the executive producer of Wait, Wait, Don't Tell Me is Michael Danforth. Now, panel, what will science bring back next?
Starting point is 00:50:21 Shane O'Neill, the extremely frivolous wolf. Ha ha ha. Rachel Koster. Your hairline. From your lips to God's ears. And Peter Gross. They will bring back all the dads who went out for cigarettes and never returned. Oh. And if that happens, we're going to ask you about it right here on Wait, Wait, Don't Tell
Starting point is 00:50:50 Me. Thank you, Bill Curtis. Thanks also to Shane O'Neill, Rachel Koster, and Peter Gross. Thanks to our fabulous audience here at the Scuderbicker Theater in downtown Chicago, Illinois, and all of you for listening wherever you may be. I'm Peter Segel. We'll see you next week from Durham, North Carolina. This is NPR. Imagine, if you will, a show from NPR that's not like NPR, a show that
Starting point is 00:51:23 focuses not on the important but the stupid, which features stories about people smuggling animals in their pants and competent criminals in ridiculous science studies and call it Wait, Wait, Don't Tell Me because the good names were taken. Listen to NPR's Wait, Wait, Don't Tell Me. Yes, that is what it is called wherever you get your podcasts. On the Wild Card Podcast, author John Green fights to be optimistic. Remember, you get your podcast.

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