Breaking Points with Krystal and Saagar 12/30/21: Young People, Pelosi Corruption, Cuomo Book, Meat Prices, and More!
Dec 30, 2021
Joining the discussion is Bill Bullard, CEO of the Ranchers Cattlemen Action Legal Fund, who sheds light on the troubling surge in beef prices due to industry consolidation. The conversation spirals into the struggles of young Americans grappling with student debt, revealing that many recent grads are still jobless months after graduation. They also unpack ethical dilemmas surrounding politicians, particularly Andrew Cuomo's controversial book deal amidst pandemic mismanagement. Bullard's insights spark a vital conversation about accountability and the future of ranching.
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Gen Z Job Prospects
- Only 50% of 2020 college grads had full-time jobs 6 months post-graduation, the lowest in years.
- This, coupled with rising student debt, reflects a bleak economic outlook for young people.
Youth Economic Precarity
- Young people face widespread precarity, impacting both college and non-college graduates.
- High consumer debt, lack of stable jobs, and difficulty affording basic necessities contribute to this.
Pelosi's Stock Trading Stance
- Nancy Pelosi's defense of Congressional stock trading, calling it "free market" participation, drew criticism.
- Critics argue this creates corruption, as lawmakers influence policies affecting their investments.