The Ben Shapiro Show Ep. 1621 - Elizabeth Warren vs. Elon Musk
Dec 1, 2022
The discussion kicks off with Democrats celebrating a surprisingly positive GDP report, juxtaposed against layoffs at CNN. The complexities of the current economy are analyzed, including the potential for recession amidst government spending debates. Tensions rise as Elon Musk's tech leadership draws scrutiny, especially in contrast to Elizabeth Warren's views on accountability and crony capitalism. Lastly, the future of the Democratic Party and ethical considerations in holiday shopping are explored, leaving listeners with plenty to ponder on political and economic fronts.
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Economic Growth and Concerns
- The US economy grew by 2.9% in Q3 2022, revised up from 2.6%.
- Consumer spending drove growth, but business investment slowed, raising concerns about a "false spring."
Federal Reserve Policy and Housing Market
- The Federal Reserve plans to slow interest rate hikes, but high inflation persists.
- The Biden administration is guaranteeing million-dollar mortgages, increasing taxpayer liability.
Omnibus Spending Debate
- Senate conservatives urge McConnell to delay the omnibus spending bill until Republicans control the House.
- They aim to curb spending and check Biden's agenda, prioritizing a short-term continuing resolution.