Working Class Consumers News Today

Particularly the u.s. economy which a lot of people think may go into recession at any time, is quite vulnerable to anything out of the ordinary. you think back to how recessions begin. they sometimes begin when theres a supply shock around something like energy. im not saying that thats going to happen this time, but i do know one thing. the u.s. consumer is very, very vulnerable and particularly middle class and working class consumers spend the majority of their income on things like food, en...

Of our trade situation. >> that means small. >> that means small. >> wow. we got through them, steve. >> more importantly and most importantly for people at home, seriously, any time donald trump talks about tariffs and talks about america first, hes talking about putting working class consumers last. this is a massive tax on the very people who cant afford it when they go to walmart, when they go to home depot, wherever they go. >> and will cost more jobs than it saves. plus those prices are go...

Time. our factories were left to rot and to rust all over the place. thriving communities turned into ghost towns. you guys know that, right? not any longer. the workers who poured their souls into building this great nation were betrayed, but that betrayal is now over. >> yes, and you are going to help create 150,000 jobs -- >> no. >> you are going to cost 6 million workers, working-class americans, who work in industries that depend on steel and their products, to actually be hurt, and of cour...

Just the most wealthy and they ought to pay their fair share. >> whether youre a maid or media consultant, the fact is, we dont create as many jobs as guys who make a lot of money. >> thats not true. >> you and i dont. >> the economy is driven by working class consumers. 2/3 of economic activity in america is consumers, which are people, not wealthy elites. this is the elitist economics thats part of the past and it failed us under bush and president obama is turning away from that to a much mor...