Community colleges are kind of underrated

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• 00:00

  NPR.

• 00:06

  Hey Robert, I love these anniversary balloons.

• 00:09

  Thank you.

• 00:09

  Are you celebrating the 250th anniversary of the United States?

• 00:13

  Oh, uh, no.

• 00:14

  I totally forgotten about the, uh, cester centennial.

• 00:17

  Uh, I think they're calling it the semi-quin centennial.

• 00:21

  To each his own, but, but no.

• 00:23

  These balloons are my yearly celebration of the anniversary of the very first beige book in 1970. The beige book,

• 00:32

  of course, our favorite government document filled with juicy anecdotes about the economy from around the US.

• 00:39

  It was just as juicy 56 years ago when it started,

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  although back in those days, it was a secret report that only people at the Federal Reserve got to read.

• 00:48

  Now, of course, everyone can celebrate it.

• 00:50

  And what is the standard way to celebrate the beige book?

• 00:54

  Fireworks, a beige arch in front of the MBR building.

• 00:59

  How about an awards show?

• 01:03

  It's the Beige Awards, our eight times a year salute to the art and science of telling stories about the economy.

• 01:13

  I'm Robert Smith.

• 01:14

  I'm Adrian Ma, and eight times a year, they call that an octinary.

• 01:17

  Nice.

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