Breaking Points with Krystal and Saagar 5/12/22: Inflation Numbers, Ukraine Military Aid, Journalist Killed, Overdose Deaths, MSNBC Turmoil, Left Infighting, & More!
May 12, 2022
Ryan Grim, Washington Bureau Chief for The Intercept and host of The Intercepted, joins to dissect inflation's toll on Americans and Biden's controversial speech addressing it. The conversation navigates the $40 billion military aid to Ukraine and the tragic killing of a Palestinian-American journalist, questioning media integrity. Grim also discusses the chaotic landscape of leftism, spotlighting a failed Democratic Socialist campaign and the challenges of accountability within political movements. Prepare for insightful critiques and engaging dialogue!
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Inflation's Impact
- Inflation impacts basic necessities, making it hard for Americans to afford essential goods.
- The administration's lack of focus on these basic expenses will hurt them politically.
Psychological Impact of Inflation
- Inflation creates a sense of powerlessness, unlike job loss, which has a "bootstraps" narrative.
- People feel helpless as prices rise and their purchasing power decreases.
Generational Impact of Economic Hardship
- Saagar Enjeti now understands his parents' focus on finances due to experiencing high inflation.
- He recalls seeing a photo of a Detroit house deteriorating over a decade, highlighting the lasting impact of economic hardship.