The U.S. has a long history of resettling refugees who are fleeing war and persecution. The current program goes back to the ’80s, after the Vietnam War.

Today, as the Joe Biden administration prepares to welcome 100,000 refugees from Ukraine, we’re wondering what happens to an economy when refugees become part of it.

On the show today: the costs associated with refugee resettlement along with the  contributions refugees make to our economy and why arguments about their being a drag on the labor force are overblown.

In the News Fix, we’ll talk about why investment firm Blackstone is betting on student housing, even after a couple of years of remote learning. Plus, the story behind right-wing social media account Libs of TikTok.

And later, a rooster makes a cameo on the show (see if you can spot it), and Kai and Amy give a listener career advice.