that is according to a survey by the national restaurant association. also mean restaurants are paying more for their raw materials for food, and they're dealing with worker shortage all at the same time. the national restaurant association said the recovery will continue well into next year and estimates 90,000 restaurants have closed during the pandemic. >>> mary borrow will add a new name to her plate. she is the c.e.o. of general motors. the first female chair. the business round table has been opposed to tax hikes and president biden's build back better plan. gm said it would support the climate investments in the plan. >>> the nba says players who don't comply with local vaccine mandates will not be paid for the games they miss. coy wire has this morning's bleacher report. hey, coy. >> good morning to you, laura. while the nba does not require players to be vaccinated, new health and safety protocols will make life more difficult for the roughly 10% who are not. new york city and san francisco have mandated people must be vaccinated in order to att

we've, we can't fill the demand according to the national restaurant association, about 800000 restaurants, clothes, and 2.5 mill in jobs were lost or independent make in march and april of this year . just as the pandemic was easing, just as restaurants were getting back to full service again, another 1300000 people left jobs in hotels, bars and restaurants. and now as some restaurant reopen, recruiting and hiring is proving to be a real challenge. so before the pan very well was open. how many days? a week, 7 days, a week, lunch and dinner branch on the weekend. so a little bit earlier. and now your hours, we're open wednesday through sunday brunch on the weekend, but close monday and tuesday. but no lunch, why is that? i can't staff it. i'm honestly trying to be as open minded and creative as possible to try to stay alive. my, my bill and my debt just keeps increasing. it's a little bit hopeless to tell you the truth. i remain positive, but i don't have, i have no other way to be according to the online hiring portal. indeed, the majority of restaurant workers have shifted to industries

i want you to listen to this spokesman with the national restaurant association. >> the restaurant recovery is now moving in reverse. we still have 90,000 restaurants that are closed permanent or long-term. we're about 1 million jobs below where we should be before this pandemic. >> he says the industry is moving in reverse. and now you have the president's new vaccine requirements. could that make things worse? >> no. i think that will make things much, much better. we were moving in a much better direction for restaurants, hotels, and then the delta variant started to spike. so the single best thing that we can do quickly, immediately, to help restaurants, help hotels, help hospitality is for everybody to get vaccinated so that waiters and waitresses feel comfortable going back to work. people feel comfortable going to dinner. business travel can pick up again and business travelers can spend money in restaurants. that, i cannot emphasize enough. everybody needs to get vaccinated. and businesses should really consider requiring their employees to get vaccinated. >> i know you've been urgi

the national restaurant association projects restaurant and food service industry sales this year willillion. that's up from 659 billion last year. that estimate, though, is still far below where we were in 2000, 19 now finding enough people to work has been a challenge for the restaurants. there's also been rising food costs and the delta variant. well, americans are back to buying of toilet paper, proctor and gamble. the biggest us manufacturer of toilet paper and paper towels says it is ramping up production as demand increases the move comes as several retailers say png is limiting shipments of paper products to stores p g says government stimulus preparation for back to school and rising covid cases are the reason for this. well, southwest pilots have sued the airline alleging the carriers been making unilateral changes to working conditions including no longer paying them during quarantine following covid exposure tensions between southwest and some of its labor groups have flared during the pandemic and facebook is planning to reduce political content in the news feed starting t

the national restaurant association projects restaurant and food service industry sales this year will20% to 789 billion. that's up from 659 billion last year. that estimate, though, is still far below where we were in 2000, 19 now finding enough people to work has been a challenge for the restaurants. there's also been rising food costs and the delta variant. well, americans are back to buying of toilet paper, proctor and gamble. the biggest us manufacturer of toilet paper and paper towels says it is ramping up production as demand increases the move comes as several retailers say png is limiting shipments of paper products to stores g says government stimulus preparation for back to school and rising covid cases are the reason for this. well, southwest pilots have sued the airline alleging the carriers been making unilateral changes to working conditions including no longer paying them during quarantine following covid exposure tensions between southwest and some of its labor groups have flared during the pandemic and facebook is planning to reduce political content in the news feed

win me you have delta and the extra on employment benefits that expired last week, the national restaurant associationining out, reuter says mcdonald's told its franchisees to close the dining rooms when covid infection spike in certain parts of the country, other change check for light or blaming a hiring crisis for pushing them to closer dining rooms at least three chick fillets and alabama had to do so because they did not have enough staff if you look at restaurant and bar employment last month the drop nearly 1 million jobs lost during the pandemic. the restaurants were hopeful that vaccines would keep the tables turning but if you look at data from open tables there still 18 states include california, colorado, north carolina even louisiana where diners must wear masks indoors vaccinated or not. i did mention inflation, that is another killer for the restaurant industry, one example i just bypass the me island the grocery store, the wholesale price of chuck shoulder up 115%. neil: the auto be a law against that. unfortunately the healthier things have gotten more expensive to, your kind about a

dagen: the national restaurant association is reporting that restaurant employment numbers are stillestaurants or are you just making do, getting more out of your existing employees if you're having trouble hiring? >> so i love to use my favorite two words describing the labor crisis as total nightmare. it's been very difficult for our operators, for our own company owned stores to staff them appropriately. it's not about paying a wage, it's about getting workers back to work and getting subsidies to go away here. look, existing operators can shuffle their people around, they can take care of them, they can make it work. where we've seen it the hardest hit is really when you have a new operator who is trying to hire new management, that's really a challenge for them. i think, look, it's all going to go away in september as long as they don't send out more stimulus checks but it's going to take a little while. dagen: patrice, jump in. patrice: yeah. great question about the delta variant and how that's impacting foot traffic in as well as recruiting workers and then in the long term d

national restaurant association which employee s -- employs so many americans especially those starting their firsts job oppose this national association manufactures as they know they created 263,000 jobs. after the tax cuts and jobs act was put into law. that was the best in 21 years. wages went up the bests since 2003. what they say is these tax increaseses will lead to massive job losses. and they will hurt the ability of manufactures in america to expand a higher to buy new equipment. we have similar statements in the american guide association. actually association make the case that the capital gains taxs will make it more difficult to develop affordable housing in america. the home builders say that these high taxes, higher taxes including on marginal rate, capital gains will be pass aid longing to new home buyers hurting their ability to buy. we have letters from the national retail federation in opposition who makes the case that they will programs close stores and less investment to be able compete in the e-commerce area. main street employees write that these tax increaseses

associate for the national bureau of economic research and the editorial boards of several economics research publications. andrew is a senior fellow at the pepperdine school public policy. formerly ceo of ck you restaurants --cku restaurants. we also have a former ceo of a pharmaceutical company. we will begin testimony with ms. mcgee. >> thank you so much. thank you for the opportunity to testify today. in my book, i outline how racism in our politics and policy making, the stereotyping in -- indifference to claims of discrimination political scapegoating instead of problem-solving leads to bad economic policies. it has been making our economy worse in ways that don't only disadvantage people of color. it turns out it is not a zero-sum. racism has cost for white people, too. racial equity, defining policies that make them truly -- truly equitable and not one-size-fits-all and would be good for the economy. i find racism creating distortions in a range of policy areas putting workers rights and i look forward to offering policy solutions in the discussion but in my limited time, i will focus on one of most devastating illustrations of racism costing everyone the , financial crisis. after decades of gover