>> thank you for your time and sharing thoughts with us this morning. appreciate it. >> you're welcome. >> we will have coverage all day monday beginning at 7 a.m. with washington journal live from the space center in maryland. then at noon we will have a simulcast live on c-span. now we will return to the focus on manufacturing and labor with the former fast food company ceo with presiden of trump's first e for labor secretary before withdrawing his name. his book is titled job creation, how it really works and why government doesn't understand it. >> the book is called job creation, how it works and why the government doesn't understand it. the co-author is andy pozner. you talk about a certainty factor in norfolk.

>> at the time we wrote it back in 2009, 2010, there was a lot of uncertainty in the economy because of the actions president obama was taken that went along progressive lines and economic lines i think the business community would have preferred. so with respect to energy and regulation there was great uncertainty about where the government was going and what kind of obstacle that would become. so we tried to convey the message the government would provide a positive certainty that we could rise out of that recession ....will be still in a recession until june of 2009 so we were out of it technically but i don't think people for years actually thought we were out of it in reality. if you want that kind of dynamic economic growth you are expecting rising out of the recession you have to do positive things and give the business community some certainty that you are not going to hurt them.

>> [inaudible] >> the ones w >> the ones we focused on and of the car tax reform, energy policy, regulatory reform and reduced government spending. this was the only agenda item that we did not hit was healthcare reform, but this was 2009 and 2010 it was an issue but not as big as it is today. we didn't know what a negative impact it would have on the economy at that point in time. but we covered the others on spending, tax reform and energy policy. >> you talk about regulatory reform in the book. can you give an example of what he would like to see as a former corporate ceo? >> you can to get the state, local or federal level. i was in california at the time, so we could spend the entire segment talking about one tenth of the problem in california with regulations. on the federal side, it was a constant influx of new regulations such as that in the department of labor.

it's putting in place new requirements making it easier to unionize. they had the blacklisting legislation or regulation, the regulations that were going to require attorneys to disclose the discussions they were having with their employer clients during the course of attempts to unionize and that was called blacklisting, then the standard where they tried to make the franchise liable for the employees of the franchisees which would have completely destroyed the franchise business with devito that didn't exist anymore. there were efforts to increase $48,000 of salary level, below which you had to pay overtime pay even if you have somebody that was managing a restaurant and got an incentive-based bonus which would have occurred particularly in the franchise restaurant business and in general economically. all of this was coming down the pike. you anticipated it with a progressive secretary of labor,

progressive secretary of the treasury, very progressive president that we were going to have some problems in the next few years and we were trying to stave off to get americans working again. there isn't some financial cycle that you can go into which is what a lot of the president's advisers thought at the time. they thought coming out of the recession they wouldn't get 4% of gdp but now that is impossible. back in 2010 the white house projected 4% gdp growth for 2012 through 14 thinking they were coming out of this recession. what we were trying to say is with the policies you can hit those numbers and without them you can't. >> and in the book you write the unfortunate reality is that several spending initiatives are actually intended to expand the power and influence of government rather than improve the economy and jobs.

>> this is the progressive philosophy. starting with president wilson and i think probably the only president that more progressive than barack obama but the idea has always been to expand government power and put the ability to control the economy into the hands of an elite group of people, political appointees, the bureaucracy and academics and top elected officials rather than having the direction of the economy driven by consumers and consumer purchasing. so i think rahm emanuel said it best you don't want a crisis to go to waste so every time there's been a crisis, whether it was the early 19 hundreds with the great depression or the recession, but as always this expansiois always thisexpansione solution to the problems. when all it really does is prolong the problems because the goal isn't actually to create economic growth, the goal was to expand the government and empower this group that will redistribute the benefits, the wealth of the nation more

equally. ..

>> >> they do all of the things to help generate economic growth. if you can find no way to cause them to grow you will see real economic growth that all the concentric circles overlap. with those 13 colonies to a nation that has almost devastated and destroyed in a civil war by 85 the largest economy in the world

with a higher standard of living in the world because of an economic system relying on individuals encouraging them mightily to create economic growth and benefits to keep those to themselves day inadvertently , that affects everybody else. and we saw some tastes of the hourglass of economic growth. >> what is your role of cke. >> that is carl enterprises started with a hot dog cart in south central los angeles 1941 he had half a billion dollars in 1980.

it is known as carl's, jr.. then it bought party is a guide to some financial trouble and i was a general counsel for the company to appoint me as ceo to take the company selling it or take it into bankruptcy that would be a mistake we had 75,000 people working for the company and the franchisees' would have lost their investment. we did dixit i retired april april 2nd so now we have 20 percent restaurants overseas. i am enjoying retirement after 16 years but it was spun in now writing a book

it was going to be how i thought clinton and obama had worked together to demean the of free enterprise system but now with president trump i think dole rightabout with the proper support in congress could bring back the spirit that lifted the nation so high to make america great again. i tell the people about woodrow wilson. with respect to the constitution there are things they didn't want to help the business sector during the great depression. he said in his speech that

he relied on government. not to say it doesn't have a role because it does but they can be overdone. >> why did you withdraw from labor secretary confirmation?. >> i did not have enough votes from the senate. the recession and adverse reaction to the secretary of education ben chuck schumer identified me as the target

and some other interview we can talk about the of fake news that was the data pretty bad it made those the fed you lose one more then the more the press could focus on these distorted -- distorted stories the press reported i did not file my government ethics papers there must be something wrong i was the first to file a new figure refers but the office of government ethics would not react to they sat of them so the of presses beating me up. i did not want the president

to suffer a defeat of the senate floor with my name attached. so discretion i with a thorough. >> you are portrayed as anti-union. >> claman support of collective bargaining. looking at the late 1800's unions had great victories with child labor or eight hour workdays workers' compensation, but now the unions are struggling for relevance there down without representation and is only 10.7 with a 100 year low. they're struggling to be relevant and not focusing on

what would create jobs or economic growth and use government to bring members into the union and that could be overdone. as an example there is a fight for the $15 minimum wage there was a report out of san francisco that it says it hurts low-skilled workers. that is the bastion of economic policy now harvard business school has said they have to have closures in addition seattle the university of washington said that minimum-wage increase they earn $125 a

week in earnings. those low-skilled workers i'm glad i start off that baskin robbins. inventory, but customers, on time, of the fake news you learn with an entry-level job. it gives them something to talk about on tv making it look like they are helping workers when they are really not to. but i think collective bargaining is absolutely a have the right to do. >> does carls' four parties have restaurants in seattle? >> they have franchise in seattle and san francisco so they have to pay these wages .

and then it makes them harder to hire people with the of labor costs to go up to reduce the number of the employees that is what the study shows i actually did it in "the wall street journal" op-ed and was severely radical i've been trying to convince to go foreign increase of the minimum-wage the you could increase the minimum wage it would not kill entry-level jobs. fifty dollars an hour with

those low-skilled workers and is good for union membership but not much else. >> one of the great mistakes >> that is such a good quotation every governor program. look at the war on poverty. if we were losing a real war we would change our tactics not only to go with the same tactics hook in to get some political energy going in the senate but we need the senate to get on board.

>> with a first sex they wanted to do as labor secretary?. >> and to the job of the inner cities. to actually hurt job growth of one to see those re-enter to have the apprenticeships and internship to coordinate to spend 300 million per year on job training excuse me 30 billion. in the private sector spends 300 billion. so they don't do crazy things with our money they don't make sense those that are willing to train as

computer programmers that we cannot even find the people. with 6 million job openings those are at historic highs. there have never ben 6 million. and those to go into the process or the system the proudest day of my career when the franchise manager hit me the key to say you can open in the morning. i bet that was the cletus restaurant in america there was so much pride and accomplishment here keeps you in school and leads you to a better life. and it does things that are sold meaningful better underestimated.

to see the growth of the mercedes to do everything that i could. and as chairman of the democratic party. and then really to overreach and a number of areas. and with though women's bureau in the department of labor she has some very good policies in particular with family leave. i didn't have government or family assistance. i remember what it was late getting to the end of the

month. and when the money didn't make it. but if we believe the of burdens on business better regulatory policy you might be able to do some things. that could genuinely help people. >> but at the same time to help generate growth. in to make america great again. with smarter immigration policy. and wish i was there helping.

it keeps telling me how much better a time we're having that i withdrew. i'm hoping the president every way that i can. >> how does the affordable care act affect one of the of franchisees'?. >> with significantly increased health-insurance costs for everybody and did not only increase the cost of labor that have been going up dramatically but also had a dramatic impact on the dollars available to spend because when the cost went up seven or 8% this is many people would spend in retail. last fall i wrote about the

restaurant recession. the research shows if your health care insurance premiums went up it is unjust restaurants. and maybe one year longer than otherwise. if you take a the money of the system you will hurt retail. to have a devastating impact on businesses. into babies' health insurance premiums for these deductibles and be very concerned. the senate bill is a good solution by the way.

to reinvigorate competition i hope the senators can get behind that. >> absolutely. going back to woodrow wilson he believed the way government should be run was not by elected officials but a bureaucracy who would execute the functions of government controlled by the political system there is a lot going on with the fourth branch of government and with the problems president trump has had.

and those policies going forward that shouldn't be. and i don't trust it needs to be gotten under control. and those that answered to them. and then to be appointed. >> can the president and congress make that much of a difference?. >> since the beginning of the year with regulatory reform. and even since the election very meaningful increase with the optimism of. with 620,000 more people working february through june of this year.

and almost 1 million more people working full-time jobs. and the jobs are better than those going back to the early '70s and with those claims of the unemployment insurance. maybe with household income was 1300 during the entire seven and a half years of the economy it increased 1,000. and with us suppose recovery. and with that household net

worth. and we have seen job openings that a record high i cannot remember the number. with those record highs it hits the high in the price is go up they don't invest on the pastor of the present. and then i was busy speaking yesterday. so to see real dynamic improvement. but imagine that growth of a kid do tax reform or welfare or infrastructure.

and director molding me. we will see 3% easily. and the rest was of promise. and congress will work with them to get the best place to have a dynamic economic growth. and they have to come to realize they all seem to be aware it is a team sport. to fulfil those promises we made as republicans. and we're not seeing that. >> my co-author is now teaching at san diego.

we had a lot of fun writing the book. >> is still relevant today?. >> yes. it is really relevant. and it is the book wondering how government use specifically progressives then those conservative economic principles work much better to generate growth. in that is why that was true . you certainly don't learn that in school. >> how do you get your message out from "the wall street journal" beyond the

freedom fest convention?. >> and waking up at 6:00 in the morning a first one to run to the computer. like cnbc or squawk box i have gone on a few times since the election in which i enjoy because i can reach an audience that is different than others. so when people ask me to come talk to fire mabel like to do it. this is an important message. that is why i was building to serve it isn't easy to do it would be much easier to retire and that is what i

will end up doing but where working-class kid like me that says they had no idea they could achieve its there is not even a path you can even get on for this type of personal fulfillment. and i am doing the interview with you i hope that reaches people as well. >> job creation is the name of the book. booktv. c-span2.

this electro live in big sweeping away safe is in the knowledge if you tell the truth in the entertaining way you'll have more fans than enemies . >> it is very hard to break

through the mainstream media. they didn't mention one word about it to get in anderson cooper to you talk about you these are called breaking through. [inaudible conversations]