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Started By
Message
Emeril Lagasse: 'I have nowhere to go ... other than broke,'
Posted on 9/25/14 at 12:05 pm
Posted on 9/25/14 at 12:05 pm
LINK
Now I know how he makes that banana pie so tasty.
quote:
Emeril Lagasse, while promoting the new TNT series "On the Menu," expressed his frustrations with the difficulties of the restaurant industry, reports The Week.
"I have nowhere to go, really — other than broke," Lagasse reportedly said.
Lagasse blamed higher food costs and the poor economy in the cities where he operates, including New Orleans, for making his business "very challenging."
quote:
"And then you add all the Obama nonsense to what it's become in the last several years. I don't have anything against Mr. Obama. I'm just saying the way that, you know...the government should stay out of things. …Pretty soon, they're going to wipe a lot of the middle restaurateurs and restaurant cooks.…If it continues, then watch: you're going to have high-end, and you're going to have fast food, and you're going to have chain restaurants."
quote:
In 2008, Lagasse sold the rights to his cookbooks, television shows and merchandise to Martha Stewart Living Omnimedia. According to the AP, the deal was worth at least $50 million and possibly as much as $70 million.
Now I know how he makes that banana pie so tasty.
13
Posted on 9/25/14 at 12:11 pm to arseinclarse
He really is going to struggle with his operations if the thinks New Orleans is a struggling economy
Posted on 9/25/14 at 12:13 pm to arseinclarse
i dont think he's going broke anytime soon. brand new 70' Viking delivered earlier this year
Posted on 9/25/14 at 12:15 pm to arseinclarse
He makes some good points, though.
Posted on 9/25/14 at 12:18 pm to arseinclarse
WTF? N.O. restaurants can't open their doors fast enough it seems. And most are doing okay from what I hear.
Posted on 9/25/14 at 12:18 pm to Houma Sapien
i will say that the restaurant business is probably the worst most thankless business to be successful in. Unless you get as big as a guy like Besh, Lagasse, and the like that can launch books and cookware lines. The others make money, but it isn't that great, or as great as you want it to be. It's always going to be the sweat on your back making the money.
Obamacare probably hits these businesses the hardest. It requires the most workers and the lowest profit margins. Making the companies afford health care for them is really not fair. If anything, pay them a living wage, and let tipping be and only in addition to type of thing.
Obamacare probably hits these businesses the hardest. It requires the most workers and the lowest profit margins. Making the companies afford health care for them is really not fair. If anything, pay them a living wage, and let tipping be and only in addition to type of thing.
Posted on 9/25/14 at 12:19 pm to Houma Sapien
quote:
i dont think he's going broke anytime soon. brand new 70' Viking delivered earlier this year
He's obviously rich, successful and far from broke. Good for him though to speak on the behalf of middle class chefs around the world.
Posted on 9/25/14 at 12:23 pm to arseinclarse
Dont worry Emeril, you will always have your cocaine to fall back on
Posted on 9/25/14 at 12:25 pm to Geauxld Finger
quote:
Obamacare probably hits these businesses the hardest. It requires the most workers and the lowest profit margins. Making the companies afford health care for them is really not fair
Exactly, and to your point, it's why Emeril stated...
quote:
the government should stay out of things. …Pretty soon, they're going to wipe a lot of the middle restaurateurs and restaurant cooks.…If it continues, then watch: you're going to have high-end, and you're going to have fast food, and you're going to have chain restaurants."
Posted on 9/25/14 at 12:27 pm to Jones
quote:
Jones
quote:
Dont worry Emeril, you will always have your cocaine to fall back on
Posted on 9/25/14 at 12:34 pm to arseinclarse
quote:
According to the AP, the deal was worth at least $50 million and possibly as much as $70 million.
If he can't make it, after this lucrative deal, he overextended himself.
Posted on 9/25/14 at 12:39 pm to Jones
quote:
Dont worry Emeril, you will always have your cocaine to fall back on
Well this is fricking stupid.
Posted on 9/25/14 at 12:40 pm to arseinclarse
quote:
"I have nowhere to go, really — other than broke," Lagasse reportedly said.
I interpret this as he's not going anywhere. He will stay in the markets he's in and maintain the same level of quality as long as he can.
Posted on 9/25/14 at 12:42 pm to Jones
quote:
Dont worry Emeril, you will always have your cocaine to fall back on
What facts do you have to back up this statement. First hand facts not a bunch of hearsay. You do cocaine with him?
Posted on 9/25/14 at 12:42 pm to VOR
quote:
WTF? N.O. restaurants can't open their doors fast enough it seems. And most are doing okay from what I hear.
Here comes O's apologist....
Tell Emeril how Obamacare has made life easier for business owners.
Posted on 9/25/14 at 12:42 pm to Martini
didnt realize people would take that to heart
Posted on 9/25/14 at 12:42 pm to Martini
quote:
Dont worry Emeril, you will always have your cocaine to fall back on
Well this is fricking stupid.
True.
Back on track a bit, he's probably talking about the potential for his restaurants to go broke, not himself personally. Big difference.
Posted on 9/25/14 at 12:44 pm to Oenophile Brah
quote:
Tell Emeril how Obamacare has made life easier for business owners.
Has it?
Posted on 9/25/14 at 12:45 pm to Jones
quote:
Dont worry Emeril, you will always have your cocaine to fall back on
Posted on 9/25/14 at 12:45 pm to Tigertown in ATL
quote:
Back on track a bit, he's probably talking about the potential for his restaurants to go broke, not himself personally. Big difference.
Exactly, which will have a much more harsh impact on the workers and not the owner.
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