Can Romney fix the economy?
CKE Restaurants CEO Andy Puzder weighs in
- Duration 3:50
- Date Jun 2, 2012
CKE Restaurants CEO Andy Puzder weighs in
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All those ugly economic numbers may be a boost for the Republican presidential nominee governor Mitt Romney.
Polls are showing Obama's handling of the economy economy is his biggest weak spot at the moment.
Joining us now with some thoughts on this Romney surrogate Andy has turned -- EC EO of CKE restaurants and he's joining us now thank you for being here with us.
I know you do that the numbers are disappointing to a lot of folks who are looking for work right now.
-- as a CEO of a major company what do you think of this says for the long term for people who are hoping that the job outlook improves.
If we don't have a change in policy I don't think we're going to see.
The job markets improve we've got and -- there's a lot of fear in the business community fear about taxes going up.
Fear about the cost of -- -- fear about this war on carbon fuels what's going to have an energy costs fear about the NLRB trying to do.
Get businesses to unionize and and enacting prejudicial -- towards right to work state so.
There's a lot of fear in the business community when there's fear of people don't invest they can't come up with business -- each other going to make a profit.
And you have right now America's sitting at about two trillion dollars that the American businesses are that they're not investing.
That they'd like to investor but you have to have a climate where people feel that they're going to get a return on that investment and with this president and these policies we just don't have that feeling.
Well what about the folks also who have just stopped looking for work right now those people they're just not in and reporting that they are unemployed and had given up.
-- that's very discouraging it get that number's up about seven million since the present seven million people since the president took over according to the the -- Bureau of Labor Statistics report yesterday that came out with a eight point 2% unemployment.
They also show that the number of unemployed people -- that report is up about one point one million people so it's.
If it's it's very discouraging people are giving up and that's a sign of a very weak economy -- it it really is -- -- that we need somebody.
Who can come in with business experience with the experience in the real economy who knows how to create jobs who knows how to do -- Who understands the financial markets who's got -- at managerial skills at a very high level that's.
Obviously governor Romney with his experience in private equity his experience as -- -- experience running boot the Olympics itself.
We've got a candidate who's got the experience to get us out of this -- We've got a candidate we've got another candidate -- president who's had three and a half years to show us what his policies would do and they really have not turned the economy around they send it in the wrong direction.
But what about those who say -- -- while he was governor Massachusetts.
This governor was 47 out of fifty.
In the states.
Job creation -- sensitive to that concern right now.
We hope that that's the kind of one liner that that that has a real impact on TV or or you -- you've got a very short discussion and we probably don't have enough time to covered all here today but.
Let me tell you governor Romney was in -- state what we ran in 2001 to 2003 was attacked recession that tech sector dropped.
Massachusetts was very hard hit by the tech sector recession.
Other states that weren't as tech dependent weren't as hard hit.
He took the unemployment rate from five point 6% which was above the national average.
Before he was in office down to four point 7% which was below the national average when he left.
He created a net 50000 jobs in Massachusetts while he was governor.
The president has created -- net negative has lost 500000 jobs during that period of time governor Romney came in with a three billion dollar budget deficit.
He balanced the budget every -- -- was an office he did it without tax increases and when he left he left the two billion dollar.
Rainy day fund so it did governor -- get up President Obama would love to have governor Romney's record in Massachusetts in Massachusetts when he was governor.
If you wanted to job you could find one.
Today in the United States that's not the case and I think President Obama knows it well the stakes remain very high Andy -- thank you so much for joining us -- with -- insight appreciate it.
Thank you most of.