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Tom Colicchio on Where the Stimulus Falls Short for Restaurants

“Top Chef” - 2018 Paleyfest NY Chef and restaurateur Tom Colicchio | Photo by Santiago Felipe/Getty Images

The chef visits Eater’s Digest to talk through the CARES Act

In March, 417,000 hospitality workers lost their jobs. Millions more are expected to file for unemployment this month and next. To battle this stark reality, Congress passed the CARES Act, providing stimulus payments, expansions upon unemployment benefits, and loans and grants to small businesses. But will it be enough to help independent restaurants get through the pandemic?

Tom Colicchio, the restaurateur, chef, and television personality who, with his network of friends, hired a lobbyist to push the interests of small restaurant owners, came on Eater’s Digest to discuss what the bill gets right, what still needs to be done, and how dire the situation really is out there for restaurant workers and owners.

Highlights:

  • He calls September 1 a “realistic date” for restaurants to open up.
  • He worries tax payers will see GoFundMe campaigns and takeout and delivery operations and not support bigger government initiatives.
  • He expects 40 - 50 percent of restaurants will not reopen at the end of this.

After Colicchio’s conversation, we talk about the biggest stories of the week, including the shift away from delivery, Alinea’s takeout offering, and the latest scheme from Grubhub.

Listen and subscribe to Eater’s Digest on Apple Podcasts:



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Tom Colicchio on Where the Stimulus Falls Short for Restaurants Tom Colicchio on Where the Stimulus Falls Short for Restaurants Reviewed by Unknown on April 07, 2020 Rating: 5

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