A Coffee Bean Baron Rushes to Our Rescue
Billionaire Howard Schultz, the former CEO of the Starbucks coffee empire, has just announced he’s stepping down as the company’s chairman. Political insiders think that move means that Schultz just may be planning to make a bid for the 2020 Democratic Party presidential nomination. The day after the announcement, in a CNBC interview, Schultz not so subtly hinted that he’d be running to oppose progressive proposals on single-payer health care, job guarantees, and the like. Pronounced the coffee king: “It concerns me that so many voices within the Democratic Party are going so far to the left. I say to myself, how are we going to pay for these things?” Maybe we could start by raising taxes on billionaires like Howard Schultz.
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