The Global Square: Navigating Economic and Political Challenges
Fareed Zakaria GPS
CNN
4.2 • 3.1K Ratings
🗓️ 22 February 2026
⏱️ 39 minutes
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| 0:00.0 | This is GPS, the Global Public Square. |
| 0:05.0 | Welcome to all of you in the United States and around the world. |
| 0:08.0 | I'm Farid Zakaria, coming to you live from New York. |
| 0:11.0 | Today on the program, massive amounts of American firepower sit in the waters around Iran. |
| 0:18.0 | This flotilla, as Donald Trump calls it, awaits the President's order to strike the Islamic Republic. |
| 0:24.6 | I'll examine what such attacks might accomplish and what the pitfalls would be. |
| 0:29.6 | Then, President Trump has said that tariff is the most beautiful word, |
| 0:35.6 | but now his signature program has suffered a major defeat at the hands of the Supreme Court. |
| 0:41.3 | What happens now? I'll talk to the experts. |
| 0:44.3 | Also, Facebook co-founder and META CEO Mark Zuckerberg went to court this week |
| 0:50.3 | as a witness in a trial centered on claims that social media platforms |
| 0:56.0 | like his are detrimental to kids. I will talk to Jonathan Haidt about what is at stake. |
| 1:05.0 | But first, here's my take. Zoran Mamdani ran on a promise to make New York affordable. |
| 1:12.6 | A mandate for a city we can afford. |
| 1:16.6 | Last week, he unveiled a budget that is, in a word, unaffordable. |
| 1:23.6 | New York has been fiscally profligate for so long that the headline number, $127 billion, |
| 1:31.0 | produces little shock. But for perspective, these are similar to the annual expenditures |
| 1:36.4 | of a mid-sized nation, with all the expenses a country requires, like Greece or Thailand, |
| 1:43.6 | devoted to governing one city. |
| 1:46.6 | New York City's budget has ballooned in recent years. |
| 1:49.8 | Michael Bloomberg's last budget, adopted for fiscal year 2014, totaled about $70 billion. |
| 1:56.8 | So in little more than a decade, the budget has nearly doubled growing faster than inflation |
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