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Who are now more strapped to buy so they squeeze costs on their supply chain and their producers and paying their workers less and less. you try to lift the middle a little bit and they say youre destroying the business model. im quite sympathetic to what papa johns is saying, but at the same time, that at some point you need to break the cycle. an endless cycle in which you have retailers like walmart who are squeezing their employees in order to make goods cheap enough for folks to buy down th...

It starts with this misconception that businesses are job creators. its like a business person calling themtsz a job creator is like a squirrel claiming to create evolution. its not true. its the other way around. the romney people put it beautifully this week when one of them said that there are people who are the engines of the economy, the job creators and everyone else relies on that engine. this way of expressing it shows perfectly how deeply we misunderstand the economy. the economy is cha...

Are job creators. its like a business person calling themtsz a job creator is like a squirrel claiming to create evolution. its not true. its the other way around. the romney people put it beautifully this week when one of them said that there are people who are the engines of the economy, the job creators and everyone else relies on that engine. this way of expressing it shows perfectly how deeply we misunderstand the economy. the economy is characterized by feedback loops like any eco-system, ...

Hanauer, author of "the gardens" nick, your message is a very simple one. its taught somewhere around the first week or so of any kind of economics course. which is that consumer demand rules everything. and its something that henry ford knew. he knew when he was making -- when he was mass producing cars that the workers in his factory had to be able to afford to buy them to generate and keep that demand going. >> correct. correct. only consumer demand can animate hiring. although its not quite ...

Which is that consumer demand rules everything. and its something that henry ford knew. he knew when he was making -- when he was mass producing cars that the workers in his factory had to be able to afford to buy them to generate and keep that demand going. >> correct. correct. only consumer demand can animate hiring. although its not quite true that economics textbooks reflect that idea because that idea is -- whats necessary in order to reach that conclusion is to understand that the economy ...

Is, as an ecosystem, you come to very different conclusions about whats important and how you might arrange the pieces in order for it to work best. let me just give you one example. so if you have this sort of 19th century mechanistic view of how the economy works, it is possible to believe that if you pour money into rich people on the form of tax breaks and loopholes, that jobs and prosperity will squirt out the other side of them, sort of like a doughnut machine. and, in fact, theres this ve...

Is, as an ecosystem, you come to very different conclusions about whats important and how you might arrange the pieces in order for it to work best. let me just give you one example. so if you have this sort of 19th century mechanistic view of how the economy works, it is possible to believe that if you pour money into rich people on the form of tax breaks and loopholes, that jobs and prosperity will squirt out the other side of them, sort of like a doughnut machine. and, in fact, theres this ve...

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Feedback loops soe people dont want to leave the platform. >> know, sen.. shannon: the house judiciary committee finally gets the unmasking documents and answers at once. us attorneytt seeing a fight fo document release. >> very clear my direction is to >> very clear my direction is to ensure we get the documents produced as quickly as we can. we do so completely under the laws. shannon: how neil gorsuch could impact the landmark decision we are awaiting from the high court tonight. tonight. but...