Breaking Points with Krystal and Saagar 4/9/24: Trump Attacked On Abortion Stance, The Rock Refuses Biden Endorsement, RFK Staffer Says Goal Is Help Trump, Young Billionaires All Nepo Babies, Blackstone Housing Takeover, Amazon Fake AI Grocery Store, Jesse Watters Hates $20 Fast Food Wage, Bibi Vows Rafah Invasion, Bibi Begs For WW3 With Iran Strike
Apr 9, 2024
The discussion heats up as Trump faces backlash from pro-life groups over his abortion comments. The Rock surprises everyone by refusing to endorse Biden, while an RFK staffer claims they actually want to aid Trump. A deep dive into the rise of wealthy nepo babies sparks outrage, and Blackstone's massive housing takeover raises eyebrows. Amazon's recent admission about their AI grocery store leaves many skeptical. Plus, tensions escalate in the Middle East as Bibi vows an invasion and hints at potential WW3.
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Sclerotic Economy
- No young billionaire on the Forbes list is self-made, signaling a shift from tech entrepreneurship to inherited wealth.
- This reflects a sclerotic economy rewarding financialization over innovation, impacting societal values and economic mobility.
Grocery Spending
- Millennials and Gen Z are spending more on groceries, reflecting increased prices and reduced dining out.
- This highlights generational wealth disparities and economic pressures faced by younger generations.
Housing Affordability Struggles
- Half of renters and homeowners struggle with housing payments, leading to sacrifices like skipping meals and healthcare.
- Redfin data shows people working extra hours and selling belongings just to retain their current living standards.