Is Anyone Else As Not Scared Of Howard Schultz As I’m (Not)?
Let him run. An avowed Third Way middle of the road white guy in this political climate? Who made his fortune peddling overpriced burnt coffee? He’s like a moneyed version of Sean Barney:
Asked if he would consider changing his mind and run as a Democrat, he said, “I feel if I ran as a Democrat I would have to be disingenuous and say things that I don’t believe because the party has shifted so far to the left.”
“When I hear people espousing free government-paid college, free government-paid health care and a free government job for everyone — on top of a $21 trillion debt — the question is, how are we paying for all this and not bankrupting the country?” Mr. Schultz said.
The only people I see him appealing to are the Goldman Sachs crowd. And that crowd is too self-interested to vote for someone who has no chance of winning.
I look at the race differently: Two white guys running against a more progressive D will only split up the white guy vote. A minority within a minority.
Run, Howard, Run. It’s your money. Burn it. Like your coffee.
Schultz needs a quick primer on MMT. Actually everyone does.
I agree, let him run, he has no idea what he’s getting into at this point. That and I strongly suspect America’s desire for another billionaire in the White House borders on nil.
I am not sure many Democrats will be attracted to a billionaire candidate who wants to cut Social Security and Medicare.
“the question is, how are we paying for all this and not bankrupting the country?” Mr. Schultz said.
Easy, by taking back all the money you overcharged people for coffee over all these years. Next question.
We have sovereign fiat money. The national government quite literally cannot go bankrupt. Even Alan Greenspan understood this. “Business leaders” likely understand this and lie to you for political reasons.
There are other factors that require monetary management, but there are assets (value) on the other side of the deficit ledger that are always ignored.
#MMT
MMT
Modern Monetary Theory
Google Stephanie Kelton.
A quick survey of traditional media shows a huge outpouring of “fuck off” sentiment, and talk of a Starbucks boycott has already begun.
With apologies to Shakespeare, first thing we do, let’s kill all the billionaires.
Even centrism-monger Chris Coons is against the idea:
https://talkingpointsmemo.com/news/coons-schultz-repeat-trump
“… how are we paying for all this and not bankrupting the country?” Mr. Schultz said.”
That’s rich coming from Starbucks.
Around 33 minutes, British MPs ask Starbucks why they’ve operated for 14 years in the UK at a loss, so incurring no tax liability.
https://www.youtube.com/watch?v=d4o13isDdfY
Time for this to happen. The Dem/Socialist Party is doomed.