Consumption Declines News Today

Quote, unquote, base. it makes them feel good. point of fact, its just incorrect. no other way to describe it. >> over 600 companies, including retail giants like costco, target, walmart, sent a letter to the president warning tariffs could cost over 2 million u.s. jobs. longer term, how devastating could that impact our economy? >> well, the law of demand or the laws of demand are almost as inimmediateliable of the laws of gravity. so as prices inflate, consumption declines. people buy fewer th...

Costco, target, walmart, sent a letter to the president warning tariffs could cost 2 million u.s. jobs. longer term. how devastating could that impact the economy? >> the law of demand is almost as the law of gravity. so as prices inflate, kejs declines. consumption declines. people buy fewer things. they hire less employees. struggling with the shift to the internet in the first place. they close shores and lay off employees. a vicious cycle that could take us into early and deeper recession. >...