Danny Meyer: Why Taking PPP Loans Is Irresponsible
Danny Meyer: Why Taking PPP Loans Is Irresponsible
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Show Notes
This week, Emily Jane Fox and Joe Hagan are back for an interview with Danny Meyer, founder of Union Square Hospitality Group and Shake Shack. Meyer and Fox discuss the controversy around Shake Shack applying for—and returning—a $10 million Paycheck Protection Program loan and the wreckage restaurants are wading through to survive through COVID-19. Meyer elucidates the government’s many failures, his suggestions for helpful legislation, and what restaurants will look like once diners can return to full rooms and menus: which establishments will survive and what people will want to eat.
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