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Detailed text transcripts for TV channel - MSNBC - 20190608:18:24:00

employees. john, you follow this stuff. you get a sense this will have a long impact on the economy? well the economy is slowing down. there is no question about that. we now expect second quarter growth to be below 2%, the first quarter growth was a little bit misleading because that was dew to technical factors with inventory management by businesses. we re now expecting a declining rate of growth in 2019. possibility of recession. especially with the uncertainty businesses have about the outlook for trade with china, what happens to their supply chain and that is one of the problems with mexico, so many american automobiles, for example, as mike was alluding to, the parts for those automobiles go back and forth over the border. so you have the potential of compounding tariffs that would wreak havoc with car manufacturing and car pricing. so, yes, the economy has got

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