Economic Black-Out Day: A Protest Against DEI Removal
Dr. Williams explains that the "Economic Black-Out Day" aims to protest DEI removal by reducing purchases. While the impact on retailers like Walmart and Amazon may be minimal due to limited participation, extended protests could have significant effects. The primary goal is to gain publicity and capture the President's attention.
Trade War Impact: Everyday Finances at Risk
Dr. Williams explains that tariffs on imports, like the 10% on Chinese goods, increase consumer costs, potentially raising inflation. "Small businesses face higher input costs," affecting prices. Housing costs may rise due to imported materials. Consumers should save more to cushion against financial uncertainty. Interest rates may remain stable amid these economic shifts.