Shoppers curb spending in May
Restaurants, retail feeling pinch
- Duration 4:54
- Date Jun 29, 2012
Restaurants, retail feeling pinch
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Consumers clamping down spending falling down flat on its face it -- -- restaurants and retailers.
Not great -- like they used to did you see this.
-- that is in -- -- there's a federal task force that's now recommending a program for obesity counselors that could just stick a fork and to -- a restaurant CO -- -- Was amazing in your case you're thin your fit as a fiddle and you -- One of those of the -- gets to denounce.
The units in the -- some formats -- of but I am curious about what you make of of this now we've seen people pulling back I don't know what you've seen and -- chain I know.
You're -- you but -- I won't compromise that but I I I am wondering.
About this move to add insult possibly do injury.
Four obesity counts as an health care law they're gonna give your customers out.
If -- look at it like -- like our competitors we all have healthy items on the menu and we're all happy to sell -- healthy items so.
That's not a big concern to us although I will tell you that we did some mom some testing -- our companies that matter in the medical testing for health.
And actually at six -- -- 190 pounds I tested as obese so we're gonna have to work on the definition.
New tests -- as a base.
It is and -- a -- of planetary system might say you'll hear you my goodness.
On but you know here's where is it about that to lead the do good in this out of that armed and -- crazy numbers so but I just think that.
They'll be a -- as this loss or receipts into our culture.
To -- -- make it look like you shouldn't go go out to eat or you shouldn't.
Certainly go out and sat out a burger because there must be spice at the next Booth.
You know writing down everything you're doing you know.
Well the the extension of federal power under this decision -- it is actually very scary but I think that.
The bigger problem is that that.
This this bill is such a job killer -- not only kills the creation of new jobs because businesses.
Don't use things that get more expensive the more expensive something gets the less you use it.
You make labor more expensive you're going to use less labor you're going to build.
Fewer new businesses so you've got that contraction but you also got people coming out now and saying look.
The only way my business can survive.
If if obamacare takes effect in 2014.
Is if I make my employees all part time employees so you -- take existing jobs and make them part time -- so you're it's it's it's a job killing bill -- was there was bad policy before the supreme court's decisions bad.
Well that I Alexander popular not more exotic underground Candiotti is bigger than that because -- -- gets back to.
You know an American pastime -- who did that supersedes the job security.
I think now it's going to -- guys like you would you do have a lot of help the items on your menu I would avoid the but I understand a lot of -- people like you of course -- out of and that's great.
But I I am as -- -- serious is saying that I think now they'll be opposed to do we didn't do more of that.
And then take back some of the items that you have in the menu that might not be as -- in other words you'll be subtly brow beaten down.
22 -- for what I guess is politically correct fair.
-- and in fact under this decision.
There's really not a lot the government can't do in that respect the running -- right attacks you for not buying broccoli -- for not buying a Chevy Volt -- for eating cheeseburgers.
I mean it's it's really a very it's a very scary decision I I think the first thing we have to do is deal with the issue of obamacare and we can.
Restricted or does governor Romney's promise to repeal and replace it he says that's he'll do that day one he'll do what the Supreme Court was afraid to do on the last -- of that session he'll do on the first his first day in office and that's great.
And then we have to really come to grips with this issue.
A federal power and what the federal government can do how much it can interfere in our lives how much you can -- So everything is about a -- his decisions very bad and that O'Hare -- -- I know you're an advisor or are many people say you could be -- treasury -- commerce secretary and Romney administration we gotta get that.
Out -- -- know where -- -- -- I -- lineup but but.
There are others are saying this was good news for Mitt Romney data galvanized his campaign.
Arguing that crowd that that -- that this is it in raids people on it because I don't see -- but would.
What do you say.
Well it you know knowing Mitt Romney I can tell you Mitt Romney doesn't want anything that's bad for the country to happen whether it's part of the campaign or not and he believes this was not good.
For the country now it may be good politically for his campaign.
-- it certainly energized people I mean this is the issue.
That turned the 2010 election so you wonder what.
Impact it'll have in 2012 it certainly helped fund raising.
But that's a separate issue politically it could be very beneficial.
To the governor I hope that it is because I think we can solve this problem that is however -- it's not good for the country and I think that's a much more important issue.
And it's always a pleasure thank you very much -- -- singer Neil thank you --