Breaking Points with Krystal and Saagar 7/14/22: Historic Inflation, Uvalde Footage, Ukraine Weapons, Bolton Coup Admission, Class Divides, Saudi Policy, & More!
Jul 14, 2022
The hosts dive into alarming inflation numbers and their effects on everyday Americans. They scrutinize shocking footage from the Uvalde shooting, highlighting police inaction. A former National Security Advisor's admission about U.S. coup planning raises ethical questions. The impact of educational divides on political loyalties is discussed, alongside critiques of Biden's Middle East strategy. The conversation also touches on potential U.S. defense alliances in the Gulf, emphasizing a need for strategic balance in foreign policy.
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Inflation Crisis Deepens
- June's inflation numbers are the highest since 1981, reaching a staggering 9.1% year over year.
- Gas prices have increased by 60%, food by 12%, and rent by 5.8%, resulting in an effective pay cut for most Americans.
Fed Considers Aggressive Rate Hike
- The Federal Reserve is considering a historic 1% interest rate hike to combat inflation, but this risks triggering a recession.
- While gas prices have slightly decreased, core inflation remains high, indicating a prolonged crisis.
Uvalde Footage Exposes Police Inaction
- Leaked video footage from the Uvalde school shooting reveals police officers' inaction for 77 minutes.
- Officers milled around, checked phones, and even got hand sanitizer while gunfire continued inside the classroom.