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https://dts.podtrac.com/redirect.mp3/chrt.fm/track/35917C/d2h6a3ly6ooodw.cloudfront.net/reasontv_audio_8265130.mp3 1x 1.1x 1.25x 1.5x 2x 3x :15 :15 DownloadBiden’s Cognitive Shrinkflation

In this week’s The Reason Roundtable, editors Matt Welch, Nick Gillespie, Peter Suderman, and special guest Emma Camp react to the announcement that President Joe Biden will not be prosecuted for mishandling classified documents and parse a fresh batch of speech gaffes underpinning his apparent cognitive decline.

00:29Quick reactions to last night’s Super Bowl LVIII

06:10Special counsel will not prosecute Joe Biden in classified documents case.

26:06House Republicans attempt to tie foreign aid spending bill to domestic border crisis.

35:12Weekly Listener Question

44:48Congressional Budget Office delivers latest bleak report on future U.S. economic outlook

52:26This week’s cultural recommendations

Mentioned in this podcast:

“Joe Biden’s No Good, Very Bad Day,” by J.D. Tuccille

“Nice Old Man,” by Liz Wolfe

“Trump’s Alleged Defiance and Deceit Distinguish His Handling of Secrets From Biden’s,” by Jacob Sullum

“Americans Unhappy With Politicians They’ll Soon Vote Back Into Office,” by J.D. Tuccille

“Biden’s Bizarre ‘Shrinkflation’ Nonsense,” by Eric Boehm

“Elizabeth Warren’s ‘Shrinkflation’ Rant Is an Incredible Exercise in Blame Shifting,” by Christian Britschgi

“The Real Student Loan Crisis Isn’t From Undergraduate Degrees,” by Emma Camp

“The Bankruptcy of Bidenomics,” by Peter Suderman

“Border Bill Blows Up,” by Robby Soave

“The Good and the Bad of the Senate Border Bill,” by Fiona Harrigan

“‘Zero Illegal Crossings’ Is an Unattainable Goal for the Border,” by Fiona Harrigan

“Peter Meijer: Can the GOP Change?” by Zach Weissmueller and Liz Wolfe

“Can Free Markets Win Votes in the New GOP?” by Stephanie Slade

“How Oregon Became a Linchpin for the Country’s Drug Policies,” by Maia Szalavitz

“A Study Finds ‘No Evidence’ That Decriminalization Boosted Drug-Related Deaths in Oregon,” by Jacob Sullum

” Alcohol Prohibition Was a Dress Rehearsal for the War on Drugs ,” by Nick Gillespie

“Federal Government Will Borrow Another $20 Trillion in the Next Decade,” by Eric Boehm

“Surging Immigration Will Reduce Deficits by $1 Trillion,” by Eric Boehm

“How Increasing Immigration Can Reduce the Deficit,” by Eric Boehm

“Debate: The U.S. Should Increase Funding for the Defense of Ukraine,” by Cathy Young and Will Ruger

Reason’s archive on “border crossings”

“Open Borders in America: A Look Back and Forward,” by Ed Krayewski

“Politicians Need To Stop Pretending the National Debt Is Sustainable,” by Veronique de Rugy

“Requiem for a Redneck: Mojo Nixon, 19572024,” by Michael J. Socolow

“Oh, Mojo,” by Matt Welch

“A Joe Biden (War on) Christmas,” by Nick Gillespie, Meredith Bragg, and Austin Bragg

Send your questions toroundtable@reason.com. Be sure to include your social media handle and the correct pronunciation of your name.

Today’s sponsor: A common misconception about relationships is that they have to be easy to be “right.” But sometimes, the best ones happen when both people put in the work to make them great. Therapy can be a place to work through the challenges you face in all of your relationshipswhether with friends, work, your significant other, or anyone. If you’re thinking of starting therapy, give BetterHelp a try. It’s entirely online. Designed to be convenient, flexible, and suited to your schedule. Just fill out a brief questionnaire to get matched with a licensed therapist, and switch therapists any time for no additional charge. Become your own soulmate, whether you’re looking for one or not. Visit BetterHelp.com/roundtabletoday to get 10 percent off your first month.

Audio production byIan Keyser; assistant production by Hunt Beaty.

Music: “Angeline,” by The Brothers Steve Producer: Hunt Beaty What are we consuming this week?

Peter Suderman Mr. & Mrs. Smith

Nick Gillespie The Greatest Night in Pop

Emma Camp Princess Mononoke

Matt Welch “The Ballad of Mojo Nixon,” Desert Oracle Radio

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Jets’ Scheifele misses G7 because of injury

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Jets' Scheifele misses G7 because of injury

Winnipeg forward Mark Scheifele did not play in Game 7 of the Jets’ first-round Stanley Cup playoff series against the St. Louis Blues on Sunday due to an undisclosed injury, coach Scott Arniel said.

Arniel ruled out Scheifele following the team’s morning skate. He was hurt in Game 5 — playing only 8:05 in the first period before exiting — and then did not travel with the Jets to St. Louis for Game 6. Arniel previously had said Scheifele was a game-time decision for Game 7.

Scheifele, 32, skated in a track suit Saturday, and Arniel told reporters the veteran was feeling better than he had the day before. Scheifele, however, was not able to participate in the Jets’ on-ice session by Sunday, quickly indicating he would not be available for the game.

Winnipeg held a 2-0 lead in the series over St. Louis before the Blues stormed back with a pair of wins to tie it, 2-2. The home team has won each game in the best-of-seven series so far.

The Jets’ challenge in closing out St. Louis only increases without Scheifele. Winnipeg already has been dealing with the uneven play of goaltender Connor Hellebuyck, a significant storyline in the series to date. Hellebuyck was pulled in all three of his starts at St. Louis while giving up a combined 16 goals on 66 shots (.758 SV%). In Game 6, Hellebuyck allowed four goals in only 5 minutes, 23 seconds of the second period.

Hellebuyck was Winnipeg’s backbone during the regular season, earning a Hart Trophy and Vezina Trophy nomination for his impeccable year (.925 SV%, 2.00 GAA).

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Stars expect Robertson, Heiskanen back in semis

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Stars expect Robertson, Heiskanen back in semis

Stars coach Pete DeBoer expects to have leading goal scorer Jason Robertson and standout defenseman Miro Heiskanen available in the Western Conference semifinals after both missed Dallas’ first-round series win over the Colorado Avalanche.

Following their thrilling Game 7 comeback victory over the Avalanche on Saturday night, the Stars await the winner of Sunday night’s Game 7 between the Winnipeg Jets and St. Louis Blues. If the Blues win, the Stars will have home-ice advantage in the best-of-seven series.

“I believe you’re going to see them both play in the second round, but I don’t know if it’s going to be Game 1 or Game 3 or Game 5,” DeBoer said after Saturday’s series clincher. “I consider them both day-to-day now, but there’s still some hurdles. It depends on when we start the series, how much time we have between now and Game 1. We’ll have a little better idea as we get closer.”

Robertson, 25, who posted 80 points (35 goals, 45 assists) in 82 games this season, suffered a lower-body injury in the regular-season finale April 16 and was considered week-to-week at the time.

Heiskanen hasn’t played since injuring his left knee in a Jan. 28 collision with Vegas Golden Knights forward Mark Stone. Initially expected to miss three to four months, the 25-year-old defenseman had surgery Feb. 4 and sat out the final 32 games of the regular season. In 50 games, he collected 25 points (five goals, 20 assists) and averaged 25:10 of ice time, which ranked fifth among NHL blueliners.

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U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

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U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

Logo of the Organization of the Petroleum Exporting Countries (OPEC)

Andrey Rudakov | Bloomberg | Getty Images

U.S. crude oil futures fell more than 4% on Sunday, after OPEC+ agreed to surge production for a second month.

U.S. crude was down $2.49, or 4.27%, to $55.80 a barrel shortly after trading opened. Global benchmark Brent fell $2.39, or 3.9%, to $58.90 per barrel. Oil prices have fallen more than 20% this year.

The eight producers in the group, led by Saudi Arabia, agreed on Saturday to increase output by another 411,000 barrels per day in June. The decision comes a month after OPEC+ surprised the market by agreeing to surge production in May by the same amount.

The June production hike is nearly triple the 140,000 bpd that Goldman Sachs had originally forecast. OPEC+ is bringing more than 800,000 bpd of additional supply to the market over the course of two months.

Oil prices in April posted the biggest monthly loss since 2021, as U.S. President Donald Trump’s tariffs have raised fears of a recession that will slow demand at the same time that OPEC+ is quickly increasing supply.

Oilfield service firms such as Baker Hughes and SLB are expecting investment in exploration and production to decline this year due to the weak price environment.

“The prospects of an oversupplied oil market, rising tariffs, uncertainty in Mexico and activity weakness in Saudi Arabia are collectively constraining international upstream spending levels,” Baker Hughes CEO Lorenzo Simonelli said on the company’s first-quarter earnings call on April 25.

Oil majors Chevron and Exxon reported first-quarter earnings last week that fell compared to the same period in 2024 due to lower oil prices.

Goldman is forecasting that U.S. crude and Brent prices will average $59 and $63 per barrel, respectively, this year.

Catch up on the latest energy news from CNBC Pro:

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