Transcripts For FBC Cavuto Coast To Coast 20240712 : compare

Transcripts For FBC Cavuto Coast To Coast 20240712

Meantime i want to go to blake burman on this back and forth so far how the cases are going because this is happening we have had backtoback days of 30,000 cases reported in this country. Something we have not seen since the beginning of may. To you, sir. Reporter neil, yes, the number of cases growing across the country. Over here at the white house though they continue to be adamant in their view, according to public experts they talked to and listened to here there is not a second wave right now. The white house view at the current moment. Though we are continuing to see the Economic Impact of covid19 and what it is having all over the country in just about every pocket you look, the latest example in northwest arkansas because china has come out today and said it is not going to be buying poultry from tyson foods facilities in northwest arkansas. When you look at the numbers, neil, there is a reason why because according to that company there have been roughly 3700 employees been tested in northwest arkansas facilities. 13 have tested positive for covid19 and among those, some 95 , 95 were asymptomatic. It seems as if the worries regarding covid19 spread played out as well in tulsa, oklahoma over the weekend as President Trump as you know held his First Campaign rally there during the pandemic a very, very rare sight as that arena had batches of empty seats most everywhere you looked the Trump Campaign touted record demand but clearly not so come saturday evening. White House Press Secretary Kayleigh Mcenany contending this morning that the president was not, she says, disappointed. The president was not angry at all. The president was quite energized. I was with him after the rally. It was a huge success. His speech got rave reviews. He was in god spirits on marine one. Reporter speaking of mcenany, neil, the press secretary will host a briefing next hour at top of 1 00 hour. We expect there are questions about that rally saturday evening if president can only pull halffull, half empty, whatever percentage of arena, what might the white house think, president think, of hosting these rallies Going Forward especially considering weve seen the spike in covid19 cases and the general recommendations from the cdc continues to be to maintain social distancing. Neil. Neil all right. Thank you very, very much, my friend. Blake burman in the middle of all of that again. Kayleigh mcenany might fell out a little bit more about the president s future campaign plans. He is looking to wisconsin and couple other states weeks ahead. Well be following that. Meantime Kristina Partsinevelos and the grand reopening of the big apple right now. This is a biggie because it will take more than 300,000 workers to bring them back into manhattan. Kristina. Reporter last but not least finally new york city is stepping up to the plate in phase two. The last part or the last region of the state i should say. Like many parts of the country youre seeing Outdoor Dining on sidewalks on streets. Seeing salons open. Some office space especially Real Estate Brokers and some play ground but were still anticipating in this city a loss potential half a million jobs over the course of 12 months. The mayor though, mayor de blasio did speak out today what this means for the city, reopening in phase two. Listen in. Phase two is really a giant step for this city. This is where most of our economy is. To keep moving forward cant be business as usual. Well help these businesses come back. We have to be there for them. We have to give out free face coverings now, over two million. Reporter he is saying over two million face masks. But i think, one of the industries hardest hit in new york city is the restaurants. Neil, we were trying to go around. Were in Hells Kitchen known for a lot of restaurants. Not many have set up the outdoor space just yet. Even though they have set up the space, there are not as many people out eating as expected. I even spoke to a cab driver, who told me thought it would be a busier. Comparison in new jersey last week in is definitely foot traffic there is concern it will be slow especially in this area because it is near times square and because it is near the hotels and it is near broadway. Its a slow start but a start nonetheless and theyre welcoming healthy customers. Back to you. Neil all right. Well watch it very closely, kristina, thank you very much. I want to get the read from rebecca walser, walser wealth management. She handicaps the numbers and where we go from here. Obviously people returning to their offices. They will be very different offices and different folks in those offices and im wondering on the productivity level, even with the new rules, capacity, all of that whether youll see, you know a boom in activity and kind of turn around that the president wants to see, what do you think . You know, i would love to see that neil. Im not expecting it now because were focused on the spike in new cases that could be put into perspective a lot better than it is being. I dont expect the big boom to come back to new york city. I think it is really reticent. Were talking about the restaurants with piece that kristina did. Where the liquor sales made money. Bars, happy hour, after the restaurants will start to pick up their profitability margins. So well have to see if people go back and feel open to actually, you know, lingering and getting some drinks with their coworkers. Maybe they will need to drink, right, neil . Neil i dont know about that but one thing that is kind of interesting, you and i have gotten into it before expectations versus reality. Expectations are that youre going to see a smart recovery, certainly in the third quarter. Things will really pick up in the fourth quarter. Then the president was indicating this past weekend, were really going crazy, you know, in 2021. Do you subscribe to that sort of rollout . You know, neil, all of this so much depends what happens with the virus. I am a believer. If you look at data behind the case spikes. I look at hospitalizations, certainly the deaths going down. The United States is not First Time Ever leader of deaths worldwide. If you look at deaths, look at hospitalizations, you start to see new cases are much more of a function of broader testing, more asymptomatic people that will not lead to hospitalizations and ultimately death we pray. So thats what i see. Because of that i do think the Economic Activity will get back to a good pace and that will enable us to have those recoveries that we do expect will happen. So i dont know the timing exactly but i do think that the virus, increase in cases is being a little bit overplayed with what is actually happening. We have to put into perspective. The perspective you put in is actually quite good. Neil do you build in a acceptable spike in cases into your, economic market outlook, rebecca . I mention it because we were saying early in the broadcast, two days in a row of 30,000 new cases in the United States. Something we have not seen since the beginning of may. Now im told by a lot of, you know, top mem types that is within kind of the level of upticks that we would have expected with the reopenings going on but again thats a backdrop that is proven very stubborn in a lot of metropolitan areas in states likes texas and arizona and arkansas and oregon and utah and im wondering why the markets ignore that, or is it because we could deal with this, these numbers seem manageable . Yeah. I think that, you have a battle going on here, neil. You really truly do. One narrative this will be the worst thing. Well have a second wave. Were never going to have new normal until we have vaccine everybody can take it that is a battle that battling another perspective which is exactly what you just said. It is within the realm of expectation. It is manageable. Our hospitals are not overrun. This increase in population, getting back to normal will make more testing that were doing, show more results but a lot of these people are not exerting the symptoms of the first round or whatever you want to call it, the initial wave that we had with really severe symptoms. Were talking about different risk categories, with younger people testing now more positive than the older people where risk factors are a lot higher. The battle is happening and the news, and that is making investors and consumers which as you know are 2 3s of our economy potentially reticent to resume life as normal. Which is the clear winner what actually emerges people will hopefully feel ready to go back to life as normal and we need them to be spending again, neil, and that is what we need the economy going back at full speed, whatever pace that takes. Neil well watch it closely. Rebecca, good seeing you again, thank you very, very much. Thank you, neil. Neil rebecca walser. I want to look at the restaurant reopenings and obviously very close to the fire herself and just trying to get a gauge who polices the capacity issues, the distancing measures here . What if a restaurant makes a mistake or whatever, what kind of legal hell is there to pay. You know were looking at a lot, camilla, and im wondering what your early read is of things especially in new york as they get set certainly for Indoor Dining i believe in new jersey, for example, it is going to start the first full week of july. In new york it is already kicking in with Outdoor Dining. Soon Indoor Dining, but again who polices these guys because they feel like theyre trying to do everything according to the book but then what . Thank you for having me back. It is a complicated issue. It was a really big win to move to Outdoor Dining of phase two. It was originally not to be in that phase. Its a big win for restaurants. Its a step forward. It is certainly not a silver bullet. We have small spaces, small sidewalks. Open streets are only selective streets in the city. With Something Like 30,000 restaurants across new york, that is not everyone of course. My own restaurant, 1000 square feet, a street that is not shut down and you know, very limited capacity outdoors given the regulations. Its a step forward. We certainly see it as a bridge, olive branch and bridge helping us get back towards our feet. It is difficult. It will be hard to manage. The executive order released this order from the governor does put these things on, i believe it is 100 feet in and around your location squarely on the Restaurant Owners it is a huge burden. Were at very strong limited capacity which has been crippling to our [inaudible]. Most of us dont have even a fraction of our teams back, even though Outdoor Dining has been reignited. Were still talking sub50 capacity even with Outdoor Dining. To then put the burden on controlling social distancing and gathering it as heavy burden on a private actor. Neil i wonder too, camilla, to your point, a lot of restaurants will beg, borrow steal, to get Outdoor Dining space, buying available Parking Spaces if they can work something out. Its a lot easier said than done. To your point, some have adequate outdoor space. Some have none at all. It is not a fair fight, is it . You know, like i said, it is a small step forward but certainly not a solution or a silver bullet. Not massive capacity restriction for an industry shut down for better part of three months. Think about 50 of your income, after having no income for three months, having all the stay the same. That is what the industry is facing. On flip side, you never meet more innovative hustling, hardworking people whatever it takes. We repositioned our restaurant west born, in a annex to provide independent suppliers and provide something positive, nourishing, for the neighborhood including a local Farmers Market in greenwich village. Everyone is trying to bend over backwards, pivot, adjust. You will never meet a more enterprising set of owners and entrepreneurs and this is where the city should be doubling down investing in infrastructure relief package for our industry, specifically which is what were calling for the last three months. Neil even some conservative figures, one out of four restaurants likely permanently out of business as a result. I am just wondering what you make of numbers like that and whether, even a slow and steady reopening will do the trick . I think that the numbers are probably more dire than that. I like i said there is industry specific Restructuring Plan to date at any level of government. There is a real concern about additional shutdowns which is a big concern. A lot of liability overhang in all of this which i know you alluded to. Again were looking at an 18month problem for our industry in a very tight cash, sort of business and again, i dont think we offered full solution and package from our government that we need. You know, massive amounts of jobs rely on it. So much of what we contribute to the economy. So you know, i do think outlook is still quite bleak. These measures are as i said small steps and certainly positive but, you know, we have a lot of wood to chop. A much larger solution is necessary. The problem is much bigger than after [inaudible]. Neil well watch very closely. Camilla, hang in there, im sure it will work out, but, man, has to be nailbiting time. We have a lot more coming up including the push to take confederate statues down, portraits ever former speakers of the house, but Teddy Roosevelt . They told teddy, are you ready . Sail into the sunset. Why . [shouting] [clapping and shouting] [cymbals clanging] [knocking] room for seven. And much, much more. The firstever glb. Get 0 apr financing up to 36 months on most models, and 90day firstpayment deferral on any model. Neil so many things delayed in this environment. Were hearing the golden globe Award Ceremony for film and television postponed to february from january, 2021 a host of events that have been postponed or out right canceled until they find a more agreeable date. This spillover continues. Well keep our eye on other events that might be delayed. In the surprise development, Teddy Roosevelt getting caught up in the controversy over old images. Technically not slaver very, the statue of him seeing on a horse, one either side of him, one africanamerican and one nativeamerican. This is maim has stood better part of 80 years. They want it gone. For the rough rider it will be a rough gallup into the sunset s that fair or right . An Arizona Republican joins us right now. What do you think, congressman. I dont think tearing down statues or defacing statues solves anything. It is very surface level. You need to work on things in a bipartisan fashion. I hope we can do a policing reform bill in a bipartisan fashion to solve some of the problems. But also things like my pastor at my church is doing. He is reaching out to black pastors in our community. Has met with them two times now. We need to come together and talk to each other. Tearing down statues is not the answer. In fact, all it does, it divides us more because the sides really dig in their heels and make it worse. Neil you know what is interesting, when i first heard about this, congresswoman, i thought, is there some, you know slave component which im not familiar with Teddy Roosevelt. But it was that particular statue outside the American Museum of Natural History on Central Park West that gall ad lost galled a lot of folks that it did not put native americans or africanamericans in a good light f that is the standard, it is expanded mightily right . You might have seen that nancy pelosi removing portraits of former speakers who were very much attached to the Confederate Movement and slaveowning movement. Where does this go . Well it is not a good idea obviously for people to tear down statues and erase history. It will not solve anything. I heard in San Francisco they tore down a Ulysses Grant statue. He was with the union army. So i dont, maybe they dont even know what theyre tearing down. I have no idea. But it makes no sense at all. You know, this isnt going to self anything. The thing is, there is one thing to have peaceful protest what is you believe in and another thing to have a looting, defacing statues, tearing down statues, fires, that is why, you know, i have said, im for law and order. Im for Law Enforcement. I support the Law Enforcement officers. Now if there are bad actors, they need to be terminated and held to justice. But all this looting and stuff, like i said, people in my district, are just mad about it. It is just going to divide us more. This is not the solution. Neil yeah, i would have thought general Ulysses Grant was a hero because he commanded the union army against the south and led the charge to eradicate slavery. That is a mystery to me. Real quickly while i have you, i know you were in the tulsa audience this past weekend, and you heard about the crowd and all of that, were told that the president isnt upset about it. Other reports say he was livid about it. What happened . Well, i was there and there was thousands of people. There was a lot more than the 6200 reported on media. There were thousands of people there very excited, a lot more than joe biden has, what does he have three people around a table or something. So all this obsession by the left about oh, it wasnt crowded, they show a picture of one guy who was way up in the very top, all by himself, kind of portray, oh, it is empty, that is ridiculous. It is so biased. There were thousands of people there. N

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