5/18/23: Biden Humiliated In Debt Ceiling Fight, Chomsky Caught In Epstein Money, Housing Market Record Low Confidence, Prince Harry and Meghan's "Car Chase", Tucker Replacement, Public Housing Surveillance, Pat McAffee ESPN Deal, DeSantis Set To Launch
Biden's humiliation in the Debt Ceiling fight; Doomsday scenarios if US defaults on Debt; Noam Chomsky caught in Epstein money transfers; Housing Market record low confidence; Prince Harry and Meghan's questionable car chase claims; Tucker's replacement; Public Housing surveillance; Pat McAffee's ESPN deal; DeSantis set to launch presidential campaign.
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Quick takeaways
Rates of depression have reached an all-time high, primarily due to the COVID-19 pandemic and lack of accessible mental health care.
Record low confidence in the housing market is driven by increasing unaffordability, rising mortgage rates, and a shortage of affordable homes.
Florida Governor Ron DeSantis is positioning himself as a potential 2024 presidential candidate, navigating the challenge of appealing to the Republican base while criticizing former President Trump.
Deep dives
US depression rates reach a new high
The percentage of Americans diagnosed with depression has reached an all-time high, with nearly 30% saying they have been diagnosed at some point in their lives and over 17% currently being treated for depression. Rates are higher among women, young people, and have risen significantly since 2015. The COVID-19 pandemic and social isolation have exacerbated the existing mental health crisis, leading to increased rates of depression and substance abuse. The lack of accessible mental health care further contributes to the problem.
US housing market viewed negatively
Only 21% of Americans currently feel that it is a good time to buy a house, marking a record low. This sentiment is a result of the increasing unaffordability of housing, driven by rising mortgage interest rates, skyrocketing home prices, and a shortage of affordable homes. Builders are facing challenges due to increased costs of materials and higher borrowing costs, leading to a decrease in housing supply. The situation is further exacerbated by decreased demand as potential buyers are discouraged by high costs and inadequate affordability.
DeSantis gears up for 2024 campaign
Florida Governor Ron DeSantis has given a preview of his 2024 presidential campaign during his recent events in Iowa. He has started branching out from his Florida-focused rhetoric and taking indirect jabs at former President Trump. DeSantis has been working on his political savvy, but there's still some awkwardness in his interactions with voters. His campaign is expected to focus on his record in Florida and position him to the right of Trump on various issues. However, DeSantis will have to navigate the challenge of criticizing Trump while still appealing to the Republican base. The strength of DeSantis' campaign infrastructure and his ability to expand his team will also be crucial factors to watch as the primary campaign progresses.
DeSantis emphasizes less drama, more electability
Voters who support Ron DeSantis over Trump often cite his preference for less drama as a key factor. They believe DeSantis is more electable and view him as a less messy candidate. However, DeSantis will need to be careful about how far right he goes on certain issues, such as abortion and entitlements. While taking more conservative positions may resonate with some of the Republican base, it could also alienate more moderate or independent voters. Balancing these positions will be crucial to maintaining his electability appeal.
Trump's strong base and loyalty
Supporters of Donald Trump remain loyal to him and often see DeSantis as a likable alternative, but not yet his turn for the presidency. Trump's base is passionate and devoted, creating an atmosphere at his events that is more akin to a concert or fan gathering. The level of enthusiasm and fervor displayed by Trump's supporters is unlike anything seen in other campaigns and highlights the unique loyalty and connection they have with him.
Krystal and Saagar discuss Biden's humiliation in the Debt Ceiling fight, Doomsday scenarios if US defaults on Debt, Noam Chomsky caught in Epstein money transfers, the Housing Market his a Record Low Confidence, Youth Depression skyrockets post pandemic, the NYPD calls out Prince Harry and Meghan Markle's claims that they were pursued by paparazzi in a 2 hour car chase through Manhattan, the Drudge Report saying Sean Hannity is being tapped to replace Tucker's primetime hour slot, Krystal looks into surveillance being weaponized against poor people in public housing, Saagar looks into Pat McAffee's ESPN Deal to put his internet show on TV, and we're joined in studio by Shelby Talcott (@ShelbyTalcott) from Semafor to discuss her recent reporting on the Trump and DeSantis campaigns in Iowa and when DeSantis might be announcing. Shelby's recent reporting (https://www.semafor.com/article/05/14/2023/the-real-2024-campaign-started-in-iowa-this-weekend-trump-desantis)