Breaking Points with Krystal and Saagar 8/13/25: Trump Floats Jobs Numbers Coverup, MSNBC Says No DC Crime
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Aug 13, 2025 
Delano Squires, a Research Fellow at the Heritage Foundation, brings his insights on pressing issues. He discusses the deployment of the National Guard in D.C. amid rising crime rates and critiques MSNBC's claim of no crime in affluent neighborhoods. The conversation touches on the alarming rise in youth unemployment driven by AI advancements and the need to adapt education and job training to this new reality. The podcast also uncovers questionable economic maneuvers involving Trump, NVIDIA, and their implications for the job market.
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Headline Inflation Hides Big Variations
- Inflation at 2.7% masks big category shifts like a 25% jump in coffee and 15% rise in beef.
- Consumers feel price pain unevenly, so headline inflation hides meaningful pocket-level shocks.
NVIDIA's Controversial China Deal
- Saagar recounts how NVIDIA lobbied for export licenses and struck a deal to sell H100-class chips to China while giving a cut back to the U.S. government.
- He frames the deal as pay-to-play and emblematic of crony capitalism rather than coherent strategy.
Strategic Risk Of Bilateral Chip Exemptions
- Selling advanced chips to China can accelerate their AI autonomy while offering short-term leverage and revenue.
- The administration’s opaque, individualized exemptions create strategic risk and political optics of favoritism.