To watch my interview on this topic, please click here: http://tinyurl.com/zke7mes
On Tuesday, I joined Fox Business Host Stuart Varney to discuss the global debt crisis and the restaurant recession impacting our industry. As I explained to Varney, the only way to reduce the $20 trillion we hold in debt is thru economic growth which Trump’s plan will generate. I also told Varney that without growth, you can’t employ people, raise wages and create paths to the middle class. In discussing the restaurant recession, I named three factors: 1) competition from grocery stores which keeps people at home 2) research showing that people are not likely to eat at Quick Service Restaurants (QSRs) if their health insurance costs have gone up and 3) a lack of economic growth.
The segment in entitled, Andy Puzder: The choice is economic growth or continued debt.