captioned by the national captioning institute --www.ncicap.org-- >> biness news from the capital region -- this is "washington business report" with abc 7 national correspondent rebecca cooper. >> thank you for joining us for a look at business and finance issues in the washington region. you have heard the s saying you are not committed until you have skin in the game. that is not news to our first guest. known as the woman who makes the rich and powerful looook gd, s has used her know how to buil a busineness. she is t foundnding direcector of the dmatollogy center and is launching a of her home. team all-star joins us today to

talk about how one youngng dermatologist it is -- team all- star joins us to talk about howow one young dermatologist became well-kno in the waington area. if politicians are looking here eve maybe they cameo see you. tell us your background. >> when i started the washington institute of dermatologigic laser surgeryt was the first free standing of such a nature in the world. >> it was the first freestanding lar center in the world. even before that you're a a young deatolist. how did you grow into the p personn that could s starthe first center in the wor? >> i am originally from shington, d.c.. i'm one of those rare commodities. i grew up in n the burbs.s. i graduated from montgomomery blair. i did my training elsewhere, ststarting at duke, then up noh

at yale university. >> not bad. >> not bad. >> s so many dermatologists, if successful develop a thriving practice. you are well known for not just having your own practice, but several layers upon bad buness. >> my last stop was a fellowship in laser surgery. that was in boston. at that time, nobody was doing laser. the first lase were only being billedhen. i was fortunate on not tbe at the beginning. i wrote the first textbook the early-1990's reawhen i came back to washington, everyone in madison sought whatat are you doing in washington? -- i in madison fought what are yodoing because they're -- in washington? >> why did you come back.

>> it was really more for personal reasonsns. i had just met the m man i eventually married and he was a canadian foreign service officer, and i thought one day this man is going to come to washington, and be posted d here. what is funny is it took us five years. in that time we weree d doing a lot of traveling back and forth and he became ambassador to jekyll somebody a -- check slovakikia, so i was going between prague and wawashington. i thoughthis was an untapped market. there were dermatologists, but nobody was doing laser surgery. i had to do laser to the doctors -- introduce a laserer to the doctors as well. >> you look like really successful client. you do not look like a

scientist, but you are tak very seriously. that is what others have used you as a consultant. how did you get so well known beyond washington? >> for many years i was better known oututside of wasngton and the e reason is academic. i i wrote the first textbook. i've written over 350 peer- reviewed mical journal articles. >> did you have a hard time being taken seriously? >> yes, and yes. was it difficulult climb. i was starting something new and also bebeen a woman addan extraa layer of difficulty. also, i do notook like a typical doctor. maybe in my profession y see more people looking like me because we all have great dermamatologists. [laughter] >> i i do think it is difficult forr a young woman to get started in the busiss of her own.

i have to s say that there were not that many peoplple that were supportive of my efforts at the me because nobody was doing this free-standing laser, but i believe in what i was doing. >> now the institute is on the case street, and a showpiece really in the world of dermatology. you have now decided in addition to launch your n skinin care linine. usually you are looking for an untapped market. there e are thousands of productsts already on the market. whatat makes you thi you can breainto the area? >> i am m not going for the top of the ramid. i am not trying to do therapeutics skin care. i am not trying to get rid of wrinkles. i am n not trying to get rid of at me what i'm tryingo do is get everyone a at home with a good skin package that makes sen.

when i seeee patients in my office the first tng i'd ask them outside of do they have a history of skin cancer i asked wh are you using uer skin -- on here oor skin. >> we all just have a a hodgepodge. >> it is cononfusing and i am in the business. i go into every grocery store or pharmacy, and no wond people are confused. >> what is interesting to me is the is targeted nonot just to women, but y have a large demographic. >> have done kits for men for womemen, for kids, for teenagers and even for sensitive skin. each has three or f four things i in themem -- a cleanser, a

moisturizer that has a non- chemical spf, and then in evening g cream. this way people did not have to worr about what to use tr >> a lot of success behind the story of tina alster. thank you for sharing i it. thank you for ining us on "the washington business report ." our spotlight on small business is two graduates return groceries into

>> welcome back. thsmall business spotlight is on a h homegrown business that two hundred graduates created -- tw graduates created. join usus today kris hart and devlvlin keating, the guys behind foggboom grocery. u come highly recommend from the d.c. chaer of cocommerce as up and comers in the commerce world. how did youtart a business? when i gradaduated from grge washington, i decided i did not want to in to polititics. > wise choice. > thank you. i look for something we could build together and wi my goodod friend here, devlin and i

figured weould tack the challenge. >> whawas missingn the foggy bottom area? its full of restaurants and delis. >> not as muc as it can be. every ock you walk in dupont, the adams morgan, there is business. in foggy bottom, you do not have that. i think we need more businesses. ththe initial onene was a tan in salon, the relentless spot, then a g grocery store -- 8a spapa, then a grocery store. >> yr r reputation is growi. you ar the operations guide. how'd you convince people to take you seriously? >> we left our product speak for itself. when of the under-served parts of the food market is people did not like eating where they were eating. >> it is just all they have.

>> exactly. we decided why are we not getting local bread baked at a bakery in d.c. every morning? that will make a better sandwich. >> you researched whathe seices could d do better on the college campus. what did you find out? >> we found out a bunch of things. studts do not want to eat wendies every single day, especially now when there areao many healthy options. people are more health- conscious, especially students. that is really growing. there is an organic mart. ople want to know what the are heeding. if we could put together a sandwich shop menu that had quality ingredients it will taste great. >> we were in a fraternrnity together, and you would hear peoplele complain about going to

this place, going to that place, and finally we do t this one. more and more people complain about e lack of opportuninity. we took it vantage. >> in expensive real estate you have to g get i it right. any big mistakes yomight want to share with others? >> the biggest oneand there are plenty,ut you learn as you go, and this is our third business. the biggestne is when you go to plan, but not be optimistic. [laughter] >> you have to be realistic. a few tataliban an investor to w are going to -- if you tell a an investor that within a year you'll be making to $1000 profit they will laugh a that. - $200,000 profit, they will laugh athat. >>hat are investors scene now? >> we arare feeling pretty good.

we are lookinat what is nt. >> looking gooood, guys. thank you for joining u us on ""e washington biness report ." you want to stay tuned for the round tabl we have e numbers about the president of the jobs plan and startling numbers ab ♪ ♪ ♪ ♪ [ multiple sounds making melodic tune ] ♪ ♪ [ male announcer ] at northrop grumman, every innovation every solution comes together for a single purpose -- to make the world a safer place. that's the value of performance. northrop grumman. o0 c1 what does the transcanada

keystone pipeline mean for america? berringer: for me and my family it meant a good union job here in nebraska. wallace: for small businesses like ours the pipeline means more customers thru our doors. spears: it's an economic boom to the restaurants and all the shops in town. schieber: for kay county it's going to make about $20 million dollars difference in oor tax base...85% of that is going to go to our schools. spears: this means more oil from a safe reliable neighbor. adkins: and lower prices for me, here at the pump. kennedy: it's time to get the transcanada keystone pipeline working for america.

>> welcome back. we have some super sized topics forr our roundtable e from the pizza guy f president phenomenon t to the impacthe super committee could have on our region. joining us, ronaucheux, and

dr. stephen fuller. dr.. fullerr, i nt t start witith you, but welme to you both. ro welcome. you have done a sty of what the e impact will be iff the super commtee dodoes not mtargets and there are e mandatory defense cuts. tell us what your analysis shows? >> of course, we are looking at a $1 trillion cut over 10 years. its a big number. we focused on 201313 when the cutbacksould begin. take about $45 billion of equipment purchases. >> here e or there? >> yes, in round terms. across thehe country, it would cost the u u.s. about 1 million jobs >> in the first year alone? >> it would just cocontinueue. once you pull them out of the economy, they y are gone.

it would reduce taxable earnings by about $59 billion, and slow economic gwth. some states s are more e impacted than other >> le's look state-by-state. of course we cannot k know where those cuts will come, butou based it on w where the jobs are now, and what the anticipated impa willl be? >> we based it on the amount of theepartment of defense contractn that is currently going on in these states. >> so, the secretary or r others could decide it is one project more than another, but baseon your analysis le's look at maryland and virginia. virginiaia 142,800 jobs would d be lost. maryla 36,000 two hundred jobsbs. the are two of the top states that would be impacted.

for thee district,his is a sizable number. >> it is about 14,000. it is a l lot off jobs. these are not all manufacturing jo. these are professiononal jobobs. these e areetail jobs. the payroll will not bepent on main street, as i have said. it filters through theconomy from the procurement of an airplane, all the way down to selling a screen and beer. >> you are often quoted about the ovall region and how it is doining. week fare faiy well compared to other parts of the country, but what would this mean as to whether we would experience a double-dip recession everyone is fear index >> it will not be a uble dip but feral -- everyones gearinfearg.

>> it will n not be a double dip but it has been -- it t will slow growth dramatically. virgia is very dependent on federal spending. it is not just dod. >> ron faucheux x check, i am rninto you. theig hang up is over varyg tax policies. the president and democrats would like to e morore revenue enncemenents, taxes on the wealthy, and you had an interesting poll. heerehe first one to say vincent goal -- vincent gray wawas willing to beat adrian fanti. you are often quoted naonally as well. you just didid a poll that t caught my attention on presidentiaial tax plans.s. what did you find? >> we found that despite the fact president obama has said he only wants too raise taxes on millionanaires and billionanaires presumably the top two o or three%

of taxpapayers 65% of voters think their taxes would be raised. >> d do they think they're millionaires a billionaires or are thehey just not getting into the details of the plan? >> i do not think it is either one of those. i think voters are distrustfull ofoliticians in general. anytime anyone talks about raising tes reform in tex where cutting taxes, they feel like davavid -- their taxes will go up. you have over 52% of vots that m make less than $100,0,000 a yearnd presidenent oba ha beenlear that they uld not be effted. >>he whopping number was the tea partyty memrs. 82%.%. >> and 57% of the independent

voters. > tea party members, by and large,e, it is not made upup of millionaireses and blionaires. >> absolutelely. this explains why the president is having diiculty getting tracon on his jobs program because voters look aroundnd see the massive federal debt, the big deficits, and people talking about tes. >> what wasot shocking to me was the was -- wa not done misrepresentation n of what the president is proposising but hermananain, the pizza guy the 9-9-9 plan. some guys hahave done an independent analysis, and they say quite clearly the plan wld favor the wealthy in terms s of givingng them a tareak.. everyo else was he taxes go up. what did you find in terms of what people think will happen to

them? >> 41% think his plan will raise their taxes. since we did the survey hehe has modified the details a little bit. >> when n you broke down into republicicans he did quiteell in terms of the numbers that think they woulde better off underer herman cain's tax plan than under president obama's. >> t that is the case, but there isis a significant numberf republicans and tea paparty supporters who thihink hermanain politico planill raise xes on the -- herman cain put the plan will raistaxes on th which is a long-term problem. >> i was shocked by te people that think it will not, beuse so much analysis has shown that it w would not ba good idea. >> h he says it will not raise taxes. >> that is true. maybe it just shows aealthyhy dose of skekepticism by all

voters. ron faucheux, dr. stephen fuller, thank you for failing in the blanks today on "the washington busininess report." up next, an explanation of our numberer of e we 520

>> welcome back. our number of the week is 520 but were talking in the millions. that is the value of thbig winner of the top-10 construction projects inhe construction area. $520 million is how much it will cost to build the mriott marquee hotel in the district. the bigget prproject in the strict is in arlington, with the e region's tallest skyscraper, and then in maryland and a w building is g going up in silver spri for t fda. that is all l this week. before you go, we will remind you you have options on twitterer or on facebook for "the washington business report" d you can watch the entire show o on wj.comom by clicking tthe business tend. we will see you next sunday. thank you for joining us.

♪ ♪ ♪ ♪ [ multiple sounds making melodic tune ] ♪ ♪ [ male announcer ] at northrop grumman, every innovation every solution comes together for a single purpose -- to make the world a safer place. that's the value of performance. northrop grumman. o0 c1