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Government spending. americans are not stupid. they see this going on. they know we've had incredibly loose monetary policy the last year and in addition now, we're spending trillions and trillions of dollars. i think they're worried about the inflation impact of that. so am i. it's the right attitude. i can't imagine why schumer thinks this is the time to push another $2 trillion and heaven knows not to push $6 trillion. it's nuts. >> charles: it is nuts. this is a week that really makes you scratch your head. we saw all time record climbs with respect to the way we read inflation. whether it...

And purchasing less product and doing less to get the american economy going on the consumer side and i think that's the best way we can handle it. for now the uncertainty is driving us crazy. we need many months to plan and many months to go in and try to ensure we have all the footwear our consumers need in the u.s. and these tariffs are not doing anything to help with that. >> you say trump's new tariffs will cost american consumers an additional $4 billion a year for shoes. this is according to the letter. explain how the costs add up to billions. >> absolutely. so we bring in 2.5 billion ...

Slowdown. how much longer can he dismiss this? >> well, i think that the fact are to some degree right in front of us, there has admittedly been and still exists a bit of a defining line, a hardline between what's going on in the manufacturing side of the economy and what's going on in the consumer side of the economy, the rub is that we're starting to see some of the leading indicators associated with the consumer side. some confidence measures, the average workweek condensing a pickup in claims. if we start to see the manufacturing weakness morph 23450 the consumer side of the economy in sep...

Overact to a single piece of data, push buttons and follow each other like demented sheep. the worst thing is there panicky it is he can have real-world effects. in the end, the economy is not some abstract thing but a human thing, collective result of countless human decisions. should i buy that new piece of furniture? should i hire the extra worker? all of these human decisions boil down to confidence about their future. to have the wall street it is date could cause a recession just by going on about it. this was the smarter thing we heard last week on the whole topic is the ceo of bank of ...

Overact to a single piece of data, push buttons and follow each other like demented sheep. the worst thing is there panicky it is he can have real-world effects. in the end, the economy is not some abstract thing but a human thing, collective result of countless human decisions. should i buy that new piece of furniture? should i hire the extra worker? all of these human decisions boil down to confidence about their future. to have the wall street it is date could cause a recession just by going on about it. this was the smarter thing we heard last week on the whole topic is the ceo of bank of ...