The Ben Shapiro Show Ep. 1499 - Joe Biden’s Stagflation Cannot Be Escaped
May 20, 2022
The podcast delves into the troubling state of the economy, highlighting the risks of stagflation and rising unemployment. It discusses alarming signs reminiscent of the subprime mortgage crisis. Listeners will also hear insights on how inflation is straining household budgets, alongside a critique of government spending. The intriguing controversies surrounding Hunter Biden and their political implications are examined, as well as the evolving landscape of personal freedoms in response to abortion laws. Expect a thought-provoking critique on leadership and media narratives.
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Stagflation Concerns
- The U.S. economy is showing signs of stagflation, with falling stock prices and rising bond yields.
- Consumer spending concerns and rising inflation are contributing factors.
Subprime Mortgage Crisis?
- Consumers with low credit scores are struggling to repay loans, signaling trouble in the lending market.
- Rising delinquencies and interest rate hikes could lead to another subprime mortgage crisis.
Unretiring Americans
- Older Americans are returning to the workforce due to inflation and financial necessity.
- This is a reversal of early retirement trends observed during the pandemic.
