The Ben Shapiro Show Ep. 1515 - Joe Biden Is Running The Economy Into An Iceberg
Jun 15, 2022
The stock market is in a tailspin, with the Federal Reserve contemplating interest rate hikes. As Joe Biden raises his voice to Americans, dissatisfaction grows among Hispanic voters. Economic woes, from inflation to shortages like baby formula, dominate the discussion. Critiques of energy policies emerge as gas prices soar. Political maneuvering within the Democratic Party raises eyebrows, especially concerning Biden's re-election strategy. The episode dives into the shifting dynamics of voter sentiment and the implications for future elections.
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Republican Win in Texas
- Republican Mayra Flores won a special election in Texas's 34th district, a majority Hispanic district.
- This suggests Democrats are losing ground with Hispanic voters, a key demographic.
Market Instability
- The stock market continues to fall due to high inflation and anticipated interest rate hikes by the Federal Reserve.
- This evokes memories of the 2008 financial crisis for some market analysts.
The Fed's Dilemma
- The Federal Reserve faces a dilemma: raise interest rates aggressively to combat inflation, risking a recession, or take a softer approach, potentially allowing inflation to persist.
- Some speculate they may choose the latter to prevent a potential Trump return in 2024.
