The cost of child care is at an all-time high. The typical American family with young kids now spends more on child care than housing.

In most of the developed world, the government pays for child care so parents can work and contribute to the economy. But free, universal child care is nearly unheard of in the U.S.

At least it was until a few months ago. In November, New Mexico became the first state to launch free, universal child care.

On today's episode, what can Washington learn from a state that managed to pull it off?

GUEST:
Elizabeth Groginsky, Cabinet Secretary for New Mexico's Early Childhood Education and Care Department

Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/boomingnotes.

Booming is a production of KUOW in Seattle, a proud member of the NPR Network. Our editor is Carol Smith. Our producers are Lucy Soucek and Alec Cowan. Our hosts are Joshua McNichols and Monica Nickelsburg.

Support the show: https://kuow.org/donate

See omnystudio.com/listener for privacy information.

According to a Harvard economist, spending on data centers and artificial intelligence accounted for 92% of U.S. economic growth in the first half of last year.

That's fueled speculation that we’re in an AI bubble, because spending on that level doesn’t feel sustainable. If the bubble pops and the spending stops, the shockwave could hit all of us. Past economic collapses led to bankruptcies, lost retirement savings, and disappearing jobs.

But sometimes, the crash leaves something good behind... that we may not fully appreciate for years.

This week, we look at bubbles from the past and ask: When the money burns away, what’s left?

Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/boomingnotes.

Booming is a production of KUOW in Seattle, a proud member of the NPR Network. Our editor is Carol Smith. Our producers are Lucy Soucek and Alec Cowan. Our hosts are Joshua McNichols and Monica Nickelsburg.

Support the show: https://kuow.org/donate

See omnystudio.com/listener for privacy information.

Austin, Texas is not a cheap place. But for the last few years, it’s been a real outlier. While many cities saw rent go up, Austin’s average rent actually fell. A lot.

On today's episode, what is Austin doing right? And what could Seattle learn from it?

GUEST:
Audrey McGlinchy, Housing reporter at KUT Austin

Thank you to the supporters of KUOW, you help make this show possible! If you want to help out, go to kuow.org/donate/boomingnotes.

Coming up:  We want to know what your economic hacks are for getting by in a city with such a high cost of living. Give us a call at (206) 221-7158 and leave a voicemail with your hacks-- it could be featured on an upcoming episode. You can also email us at booming@kuow.org.

Booming is a production of KUOW in Seattle, a proud member of the NPR Network. Our editor is Carol Smith. Our producers are Lucy Soucek and Alec Cowan. Our hosts are Joshua McNichols and Monica Nickelsburg.

Support the show: https://kuow.org/donate

See omnystudio.com/listener for privacy information.