Earlier today, I joined CNBC Power Lunch hosts Tyler Mathisen and Brian Sullivan, former GE chief Jack Welch and others to talk about what President-elect Trump’s victory means for the economy. I started off by saying that Obamacare has to go quickly because it has increased labor costs for businesses as well as insurance premiums which is reducing discretionary income for consumers; I explained this is having a particularly negative impact on the restaurant industry. I also discussed how job creation works and said I was relieved that the franchise industry will fare better on issues ranging from overtime pay to the joint employer standard. CNBC wrote an accompanying piece that you’ll find below. Also, Nation’s Restaurant News wrote an article about Trump’s win and included some comments from me. Please see below.
CNBC segment: All eyes turn to the Trump economy
CNBC accompanying piece: We need to get Obamacare disaster behind us, Trump economic advisor says
Nation’s Restaurant News: Industry ponders what’s next in wake of Trump victory