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Panera Bread CEO: We cannot kick the can down the road

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    Ron Shaich on threat of fiscal cliff

  • Duration 3:21
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In the meantime no deal no jobs will don't glad to hear some business bosses -- congress and the president don't settle.

Well they're not gonna hire my take is the other -- and the co CEO -- Panera Bread he's co-founder of the political group no labels.

That is a legitimate -- resident -- that these guys all guys in -- you have to get serious about this or UN your.

Not a political stripe among your colleagues it's going to just sit right.

Absolutely.

-- I mean you really saw in this election there was no mandate from one of the hyper partisan positions -- the other.

There was a demand from about.

The people of America we want solution to these problems and you heard it from from -- -- Obama last night governor Romney last night.

-- -- from speaker Boehner today.

All of them were speaking about no will no more bickering solving problems the real question is will they do it can we demand that they do it.

You know what happens around you -- talked so often on last year about this everyone wants to save -- no one wants to look like -- Qaeda with the old ala Reagan story.

I guess I'll be happy with 80% -- -- -- and it is rather than no looked at all so everyone is afraid about giving away too much.

But it Democrats are open to some.

Reported entitlements or or or it's lonely at least the growth of these entitlements.

And Republicans opened themselves up for closing loopholes as very dramatically.

You know didn't get much press coverage but I'd certainly -- -- it.

John Boehner is -- -- to closing loopholes credits and the rest it used to be akin to raising taxes he doesn't see it that way.

That is -- start is -- not.

Well you know we have to start with a simple position.

The only solution that is unacceptable.

Absolutely unacceptable is to not have a solution -- and not kick the can down the road.

It's that simple and we in the business community are demanding it we have no labels are demanding -- that's what no labels is about.

Let's have let's have solution realistic solutions to these props.

You know and I'm -- -- realized it was a retail -- and you had gone I have no idea it was a book that I get your take on who you think.

Gets the better of a deal because that's how it's always going to be played I think it both sides indicates.

Well some Democrats on entitlements in rain and then Republicans are credits -- special rounds as you -- and it.

It's a win win I would assume from both sides or is there have been political danger.

That in the next election arguably in singer's two years out mid term.

There are all going to be crucified.

And we we can't you listen they should be crucified if they don't solve it but we all know the framework of a decision.

-- where it ends up you talk about the debt it's it's essentially.

75%.

Cost reduction.

25%.

Tax increases in some way you've got to put both on the table we can't live in a world where Republicans are saying we will never ever ever.

Allow a tax increase we can't live and what we're Democrats are saying.

We will never ever in just entitlements you can't solve a problem when you come from make an ideological position that we need solutions we don't need ideologues.

-- -- and this is -- level and the ball forward I always say you know you can be is a dogmatic and you know as you wanna date that you got to move the ball.

Thought well what what Ron thank you very much could see you again.

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