On the recordApril 7, 1994
You don't feel strongly about that, do you? [Laughter] That was great. Thank you. I'd like to now ask Gina Jaramillo to talk a little bit about a situation in her restaurant. And let me preface this by saying that one of the toughest issues that we face here is the restaurant business, because you have a lot of part-time employees; you have a lot of young, single employees who don't feel like they need health insurance and probably think they're going to live forever; you have a lot of businesses operating on relatively narrow profit margins. And it is an enormous part of our economy now; over 40 percent of the American food dollar is spent eating out. So this is a very big deal and probably in some ways the biggest sector of our economy with large numbers of workers without insurance. You also have lot of part-time employees and a lot of turnover. So I'd like to hear her talk a bit about that. [Regina Jaramillo explained that while she and her husband bought insurance for their own family after they gave up their former jobs to run the family restaurant, they could not afford to provide health insurance for their 12 employees, at a cost of more than 10 percent of payroll. She expressed hope that the President's plan would lower that cost.]
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