The “Bar Resue” host joins the “Big Money Show” committee while discussing the impact of inflation on many industries, Senator Chuck Shomer’s comments and “Make Americana healthy movement again” where RFK JR. .
Pressure on President Donald Trump is escalating to provide his promise to drop in prices, but some business leaders argue that stability is crucial as the ability to bear costs.
“Donald Trump did not keep his promise that the prices would start to decline,” Senate minority leader Chuck SchumerDn.y. He said in the Capitol Hill.
“The prices rose by 3 %. The grocery price increased. The price of a car purchase increased.”
While high costs have caused frustration, the businessman and “Bar Resue” warns John Tafer that unexpected price fluctuations can be harmful to the same costs.
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“We cannot survive when prices rise and landing,” Tafer said.Show big money“Thursday.” You cannot manage a job in this way because you cannot clarify your customers in this way. “
TAFFer argues that companies can adapt to higher costs, as long as these costs are stable.
“If stability is at the current level (on), let it be. We can build our business models around the current level. What we cannot build a business model about it is instability. This is what kills us all,” emphasized.
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the The cost of daily necessities Like eggs, coffee, vegetables and milk has risen in recent months, putting additional pressure on restaurants and small companies.
“Restaurants cannot spend more than 33 % of their revenues on food costs,” made clear. “This means that it is an increase in prices of $ 3 per cost of $ 1. Therefore, if a 3 -dollar burger increases in the price, for me, I must receive another $ 9 for this burger. This creates resistance at the customer level.”
It also made the high costs of employment, insurance and energy that are increasingly difficult for companies to keep prices reasonable. In response, President Trump has developed a multi -step plan to reduce costs, including tax cuts, government spending, and increase oil production to reduce energy prices.
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TAFFer admits the importance of reducing costs but stresses that any changes should be sustainable.
“Sustainability and the ability to predict, I think it is the most important things that Trump needs to bring to the market,” he said.
For companies, it is not only related to low prices, but it comes to what can be expected.
Buddy Valastro, owner of Buddy Valastro, owner of Carlo’s Baker, opens the high price of eggs on Claman.
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