Working Class Consumers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 there's a supply shock around something like energy. i'm not saying that that's 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, energy, gas and you even saw l i'll note this past summer during vacation season, people scaling ba...

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, he's talking about putting working class consumers last. this is a massive tax on the very people who can't 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 going up. all the people who have to make things based on those materials, their jobs will disappear...

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 course, working-class consumers will pay the biggest price. this is, of course, you said it yourself, th...

Just the most wealthy and they ought to pay their fair share. >> whether you're a maid or media consultant, the fact is, we don't create as many jobs as guys who make a lot of money. >> that's not true. >> you and i don't. >> 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 that's part of the past and it failed us under bush and president obama is turning away from that to a much more all-american economics where we're cutting taxes. >> where you tax the heck out of everybody....