it is huge. brian: a problem across all retail and target. the guys say we have a shrink issue. what is shrink? what are you talking about? it is retail code for people are stealing our stuff. nordstrom, same problem. stop talking about it like shrink, come out here, big ceos and retailers and say we need help, mayors, governors, people are stealing stuff and people paying the price are consumers who pay more. brian: we re pulling out and going to another state that will allow us to defend our product and have security there and prosecute people that are caught. next, gas prices indicative of how people travel, what they do, how much does it cost to go to work or school? brian: up 30 cents over the past month. oil is going up again, opec, saudi arabia said we ll turn
on the president needs that for reelection. as has been has call. we have cyclicality. neil: we don t use big words here. too many syllables. big ceos have told us, as there really a timeline to the end? do these die of old age? not necessarily. neil: and does affect their plans. they will hold back if things are going to hold out. it is hard to invest. it s hard to plan for the futur future. we saw already a slew of retail company things. we re going to close down some brick-and-mortar stores to ensure that profit can can down to the bottom line. test one final point on the fed, the fed raised four times last year. we got to go cuts already. if we get two more cuts we are back to where we started. what happens here? neil: ladies, thank you all
who came to you? how did this come to pass? the folks at every town for gun safety organized this and helped out by levi strauss. a lot of companies have stood up and said ceos have a voice in this debate. asked us to sign on and we agreed to add our voice. there are some notable omissions in terms of big ceos, well-known brands that did not sign on. apple, facebook, google, jpmorgan, wells fargo. why wouldn t they, do you think? i can t really speak as to why other companies didn t. but our customers think this is an important issue. we need to take action in this country. i know there s things we can do today that the house has already taken action on that the senate can take action on. it s time to stand up for things. if some companies don t want to sign on to the letter, that s their decision but our company was proud to be part of the debate. sdwhat it tell you that it s business leaders taking this mantel, that ceos are doing this, clamoring for this and
year over year. so pretty significant. and then that ramps up in 2017 when this cadillac tax goes in. this is targeted at very gold-plated health plans, the richest benefits. and those often are union plans. why is that? when you think about gold-plated plans, you think of goldman sachs, big ceos, but that s not true. unions also have these very, very rich benefit packages. why is that? well, for years, they have traded increases in wages for richer benefits, for more generous benefits. and getting sometimes no copays, no premium contributions and the employers now are asking the unions, look, our costs are going up. we ve got to pass that along to you. so you re going to have to start making premium payments, have to get lower raises. or you re going to have to start paying more, some percentage more than what you ve been
slippery slope or a challenge to be friendly with business or seen as friendly with business as opposed to unfriendly? aren t both potentially fraught with risk? well no. in the past it hasn t been. in fact, this administration almost from the very beginning has made it so by what a lot of business individuals see as an assault on what they do. demonizing wall street, demonizing wealth and profits, demonizing in a way that, you know, belittles them. couldn t you argue that wall street and the big ceos, the big bonuses, assaulted our economy? i mean no. i mean i wouldn t argue that at all. in fact, i think that s part of the problem. i think when you draw such paint with such a broad brush, you know, when you want to pull out extract certain practices and behaviors of certain individuals, that s one thing. it s what you can t be friendly if you re going to do that. mika, come on, this is such an oversimplificatiooversimplif.