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Trump: Restaurants Will Survive, But ‘It May Not Be the Same Ownership’

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During a White House press conference on Thursday afternoon, President Donald Trump addressed the grim projections by the National Restaurant Association that, in addition to the 3 percent of restaurants already shuttered, 11 percent of restaurants nationwide anticipate that they’ll close permanently in the next 30 days due to the economic impact of novel coronavirus. His answer, characteristically bullish, was that restaurants will open and thrive again…but maybe not under the current ownership.

Citing the data from the National Restaurant Association survey, a reporter asked, “What do you say to a restaurant owner who is looking at his sheets and thinks he has to close within the next 30 days?”

The president responded with a tangent boasting his knowledge of the restaurant industry, saying, “I know the business very well, I understand the restaurant business, it’s a very delicate business, it’s a business that is not easy. I always say in the restaurant business you can serve 30 great meals to a person or a family and they love it. One bad meal, No. 31, they never come back again. It’s a very tough business. But they’re great people that run restaurants.”

Circling back to the original question, Trump continued, “I’ve heard 3 percent could be lost, and you could go as high as 10 or 11 percent, but they’ll all come back in one form of another. Might be a different restaurant. But it’s gonna be a great business for a lot of people. We’re making it easy for people — look, what we’re doing in terms of loans, what we’re doing in terms of salaries, they’ll all come back. It may not be the same restaurant, it may not be the same ownership, but they’ll all be back.” [Emphasis ours.]

That the concept of restaurants would continue to exist after the pandemic was never really a question. The concern, rather, is that people will lose their jobs and businesses, and with that, the incomes that they circulate back into the economy. As Eater’s Hillary Dixler Canavan wrote, surviving restaurants will “reopen their doors to a new world of challenges, not least of which is facing a dining public likely either coming out of or in the midst of a global recession.” Which doesn’t bode well for restaurants or their imagined new ownership, either.





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eat healthy food and regular exercise❤

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laban for covid-19💔

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Peanut butter cookies with a sprinkling of sea salt are just what this weekend c…

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Peanut butter cookies with a sprinkling of sea salt are just what this weekend calls for. The recipe is new on the blog! 💛 Recipe linked in my profile.
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. #glutenfree #dairyfree #vegan #feedfeed #f52grams #thenewhealthy #thekitchn #todayfood #igkansascity #glutenfreeliving #glutenfreefood #glutenfritt #feedfeedglutenfree #thebakefeed #healthyish #foodblogfeed #plantpowered #glutenfreebaking #bakersofig #glutenfreevegan #inmykitchen #buzzfeedtasty #saveur #nytfood #glutenfreerecipes #gffmag #letscookvegan #glutenfreedairyfree #peanutbutter #eggfree



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Coronavirus Has Suspended Corona Beer Production in Mexico

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Constellation Brands, the U.S. distributor of Corona beer, can stop worrying about reported customer confusion between the novel coronavirus pandemic and its Mexican lager with a similar name. Grupo Modelo, which produces Corona and other beers in Mexico, announced that it will halt production in accordance with a government order to suspend all nonessential businesses in the country.

Corona — the beer — made headlines in late February, when a phone survey conducted by a public relations firm purported to show that many Americans had mistakenly associated the brand with COVID-19. 38 percent of respondents reportedly said they “would not buy Corona under any circumstances now.”

Constellation Brands, however, says sales of Corona were not affected by the virus in the U.S.. In fact, beer and all alcohol consumption in the U.S. is way up: beer, cider, and malt beverage purchases had increased by 42 percent, year over year, for the week ending March 21st.

All this to say that stories of coronavirus killing Corona beer were premature, but not altogether wrong.





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