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You talk about the uncertainty factor. Back in 2009 there was a lot of uncertainty in the economy because that action obama was taking which i think that Business Community would have preferred. There was uncertainty in the Business Community with the government was going so we tried to convey the message to rise out of the recession so we were out of it technically but i dont think people thought it was part of the reality. So we have to do some positive things to give the Business Community some certainty. Those that we focus on one of our Energy Policy and reduce government spending. The only agenda item we did not hit was Health Care Reform we did not know what the negative impact of the economy but we covered against energy policies. Can you give an example you like to see as a former or corporate ceo . Was said california at the time so we could talk about onetenth of the problems encountered but on the federal side to put in place new requirements to unionize with the blacklisting legislation and regulations to require attorneys to disclose those discussions with their employer clients during the attempts to unionize and the employer standard to rival the employees of franchisees. The efforts to increase with overtime pay somebody that was managing a restaurant. Particular a the franchise Restaurant Business if you anticipate that secretary of labor as a very progressive president you have problems in the next few years to get americans working again. Job creation is is something that inevitably occurs but quite honestly is what the advisor spot at the time. So back in 2010 of white house projected thinking it was coming out of the recession. So with good policy you can hit those numbers. Id your booking right the unfortunate reality is headed is intended to expand the power to move the economy and create jobs. That Progressive Movement that was more progressive san barack obama. So with the ability to control the economy with the bureaucracy and the top elected officials. So you dont want a crisis to go to waste. There is always an expansion of government. Because the goal isnt to create Economic Growth and those who would redistribute the benefits more equally but instead of raising everybody up it lowers them down. And that is by generating growth we want to lift up everybody to make it easier for workingclass people or working class kids to find jobs and by increasing every buddies and tom. In your book job creation you focus on employment more . What causes somebody to hire a person . And most people think about it that way. And those people to design the restaurant and put it together. With the farmers and of processors and those you drive the trucks. And then all of those people and they send their kids to school to help generate Economic Growth. And find a way to grow we will see a a certain amount of growth that is how america goes from 13 back words colonies to a nation that has been devastated and destroyed. And with a higher standard of living. And then to encourage the individuals in those as they try to benefit and grow will benefit everybody else. So we saw somebody putting a cork in the hourglass. What is the ke . Up quintessential example. So by that time i met him he had accompanied of 600 restaurants in in the late 80s carls, jr. Bought parties it got into trouble in the late nineties and in the general counsel appointed us dos chief executive officer to sell it or take it into bankruptcy i realize we had 75,000 people working for the company who would lose their jobs so we did fix it over the next few years and now i have retired april 2nd and 20 percent now are overseas. So i am enjoying retirement after 16 years. What are you doing . I am writing a book it was going to be how i thought Hillary Clinton and morocco on the had worked together. With the American Free enterprise system. But with President Trump the elected and how private President Trump with a proper support could really bring back that American Dream spirit that lifted the nation so high. We have a real potential. I dont think people know about mr. Wilson and what he did to the country. He actually said in a speech they should be us alone. And how the government to expanded bb to much not to say it does not have a role because it does a kid be meaningful but particularly over the past eight years. Why did you withdraw all from consideration as labor secretary . I didnt have enough votes to get confirmed i would have stuck it out to be identified did and then the would have this conversation in washington d. C. But there was such the adverse reaction to that seat de voss and then they identified me as a target it they were merciless and dishonest as the press some other interview we could talk about the of fake news of the confirmation process but it has made the more liberal republicans then you start off losing i dont think theyre going to vote for me no matter what i did. So the longer this went on so it was a distorted stories and the press reported i did not file my government ethics so there must be something wrong but i was the first guy to file a jiri second the a file was in the office of ethics. They sat of my papers six or seven weeks soda press is beating yet been the republicans got nervous i didnt want the president to suffer do anything that had my name attached to it. So i with a girl withdrew. You were portrayed otherwise. I am supportive of collective bargaining. Looked in the 1900s with child labor with the eight hour work day eventually Workers Compensation insurance now i do think the unions are struggling in the private sector there down at about 6. 4 in that is a hundredth year low so they are struggling to be relevant what would create Economic Growth but what would attract Union Members into the union and i do think that could get overdone with a 15 minimum wage with lowskilled workers. That is a bastion of Economic Policy Harvard Business school said restaurant closures would and hard red is that a bastion of conservative policy and they said they have already taken down the of lowskilled workers hours nearly 25 a week and earnings per go this hurts those lowskilled workers started to ask around i am glad i had the job it taught me a lot to help customers sanders show up on time but it gives them something to do a talk about when really they are not. When those unions are pursuing those union votes so collective bargaining is absolutely they should have the right to do. We do have the franchise restaurants they have to pay these wages but to the extent it makes them harder to hire people and those tendencies to automate or to close restaurants with university of washington study shows i did it with the wall street journal oped and was ridiculed for that and criticized although i try to convince the Restaurant Industry to go for an increase of the minimumwage. It is too low. There is a level you could increase the minimum wage for entrylevel jobs 15 an hour kills jobs and businesses is bad for the worker but it does not good for business. One of the mistakes is to judge by the intention is rather than results. That is the way every Government Program should be judged. If we were losing a real war not only do we go with the same tactics we have a president was willing to change that with sap momentum in and we can make improvements but we need the senate to get on board. Number 1a want to implement policies that has hurt job growth and a lot to see people get prepared withy internship programs so the government spends those in jobs and trading. And the private spat sector spends 300. So were not running around to you do crazy things. But were really in to train people for those jobs that they cannot even find the people to fill the jobs with the historic ties there is never been 6 million. And into the American Dream when i worked at baskinrobbins with the franchisee manager handed me the keys to say you can open in the morning that was the cleanest restaurant in america i bet. There with such pride that keeps you in in your family and in school and out of the gain to live a better life and away from drugs. It is so meaningful to people and it is underestimated. Were not seen budget growth and also i would attack as a regulatory jungle as chairman of the Democratic Party and a lot they would overreach and also there is a womans apparel in Bed Department of labor and she has a very good policies with respect to women and family leave. I graduated from law school and worked my way through my family could not help the rest no program but when i graduated with my wife and two kids i remember what it was like to get to the end of the month and not having enough money so there are things government can do to help but to relieve the burden but better regulatory policy that maybe we to do some things to genuinely help people. To be very happy in the administration. Add to the office of management and budget is starting a project that is tax reform and Regulatory Reform and Health Care Reform smarter trade policy and reduce spending. I wish i was there helping. My wife goes back to hawaii next week if she says how much better we are more fun we are having but i would like to be in the fight in d. C. You talk about Health Care Reform how does that affect your franchisee it is significantly with insurance costs is increased for everybody. Natalie the increase the cost of labor but also a dramatic impact because Health Care Costs went up seven or 8 this year or 25 percent and more next year this is many people would spend in retail. So with that restaurant recession the Research Shows of your Health Care Insurance premiums went up you were 33 percent more likely not to visit the restaurant as you did previously. Or to getting new car or anything with retail. So retail was hurt by that across the board. To have a very devastating impact but nowhere der as the individuals who have to pay these premiums and dont know where it will go next your and the senate bill is a good solution to get rid of government compulsion and i am hoping the senators can figure that out. So are you suspicious of bureaucrats . Absolutely. Woodrow wilson wrote about this excessively people believe the way it should be run was by a bureaucracy. Not the elected officials said they will look at the functions of government told by the political system. There is a lot going on with the Fourth Branch of government beyond the control of the president or congress so look at the problems President Trump has had to get the regulatory state with the bureaucracy under control you have the leaks and policy Going Forward that should not Congress Needs to get it under control and needs to begin undergone under control to those who answer to them not a bunch of bureaucrats. Can they really make that much of a difference . I will give you an example. With meaningful obligatory reform and since the election we have had a meaningful increase so is there a result in the economy . According to the bureau of labor statistics last year was 47,000 of those there is almost 1 million more people working parttime jobs better the claims for Unemployment Insurance going back to the early 70s i am not talking percentages but those filing with the median Household Incomes since january it increased 1,300 during the entire seven and a half years we have seen more of an increase through seven and a half years prior. And Household Wealth worth in net worth hit historic highs 27 billion higher than before the recession might cannot remember the number but 20 or 30 on the York Stock Exchange it is hitting highs the prices go up when investors are enthusiastic they dont invest on the past for their president for the present but where they think things will go and were hitting historic highs. So we see real dynamic economic improvement since President Trump was inaugurated kitimat in the Economic Growth if we could do Health Care Reform . To implement the policies of the entire cabinet that were advocating. And two under promise and over perform congress to work with them if we can get them in place i sure hope the senate wakes up but politics is a team sport they have to realize that they all seem to be where it is a team sport and with that commitment to fulfill that the democrats had and so far i dont see that. To with your coauthor . And economist a real good guy who has a number of books. It came out in 2009 . Is is still relevant today . Yes. Very relevant. The talks about how businesses grow and develop but for people how government views the jobs to help the economy and the conservative economic principles that is an easy statement to make and that is important to understand. And as a final question had you get your message out beyond wall street for the Libertarian Convention . I am writing a book it is a lot of fun to write i wake up at 6 00 the first thing i want to do was run to the computer. With cnbc or squawk box i do enjoy because i can reach that audience so when people ask me to come talk is the Important Message to get out. Which is why i was willing to serve as secretary of labor it is much easier to retire to spend time with my wife there is a the country in the history of the world with any rational chance of achievement. En to reach this kind of success that is a word that needs to get out there i hope this reaches people as well. Job creation is the name of the book. Booktv. Cspan2

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