One in Three Americans Under 35 Still Living With Parents
"We're talking about a record 25 million people under 35, higher than at any time in history. That includes more than 20% of 25 to 29 year olds and more than 10% of 30 to 34 year olds."
About this episode
On this episode of the PBD Podcast, host Patrick Bet-David and co-hosts Tom Ellsworth, Adam Sosnick, and Vincent Oshana covered breaking news that UK Prime Minister Keir Starmer resigned after just 10 months in office, becoming the seventh British prime minister in a decade amid a leadership crisis rivaling corporate dysfunction. The hosts drew comparisons to Fortune 500 companies, noting that UK would rank as the sixth-largest company globally yet has cycled through more CEOs than any major corporation except Yahoo during its darkest period. The episode's main focus centered on Vice President JD Vance's troubled diplomatic mission to Switzerland where Iranian delegates walked out on negotiations, with viral footage showing apparent disrespect from foreign leaders that raised questions about Vance's global standing versus Marco Rubio ahead of the 2028 Republican primary. Trump's strongest media allies—Fox News, The Wall Street Journal, and donor Miriam Adelson—publicly broke with the administration over the Iran deal, creating rare daylight between the president and his traditional conservative media ecosystem. The conversation took a revealing turn when CNN data showed two-thirds of Democrats now favor socialism over capitalism, a dramatic ideological shift from 2010 that the hosts warned could produce a viable socialist presidential candidate by 2028 if Republicans fail to address housing affordability and economic anxiety among young men. Bet-David also discussed fatherhood extensively, sharing a personal conversation framework he uses with his children involving five critical areas: concerns, motives, assumptions, fears, and asks. The episode touched on Chicago's Father's Day weekend violence with seven dead and 38 wounded, unpaid Black contractors at Obama's presidential library, and Netflix's struggling podcast venture. Bet-David announced a July 1st free webinar on raising strong kids in a weak culture.
Key takeaways
- UK Prime Minister Keir Starmer resigned after 10 months making him the seventh prime minister in a decade surpassing any Fortune 500 company turnover rate.
- Iranian delegates walked out on Vice President JD Vance in Switzerland with footage suggesting foreign leaders do not view him as a future president.
- Fox News, Wall Street Journal, and $100 million donor Miriam Adelson publicly criticized Trump's Iran deal calling it a betrayal and potential humiliation.
- CNN polling revealed 67% of Democrats now favor socialism over 42% for capitalism marking a dramatic ideological shift since 2010.
- Democratic Socialists of America have higher favorability among Democrats than Congressional Democrats themselves signaling potential for socialist 2028 candidates.
- 25 million Americans under 35 live with parents at record levels with median home prices up 34% to $430,000 since pandemic.
- Chicago recorded 7 deaths and 38 shootings over Juneteenth weekend with unpaid Black contractors protesting at Obama's $850 million presidential library opening.