Published: Tue, January 29, 2019
Money | By Bruce West

Starbucks' Howard Schultz 'seriously considering' independent run for president

Starbucks' Howard Schultz 'seriously considering' independent run for president

In a 60 Minutes interview on January 27, 2019, Howard Schultz, the billionaire former CEO of Starbucks, tells Scott Pelley he believes Donald Trump is not qualified to lead the USA and that politicians in both parties are failing the American people.

"I will start a Starbucks boycott because I'm not giving a penny that will end up in the election coffers of a guy who will help Trump win", CAP's president Neera Tanden tweeted.

"I am seriously thinking of running for president", Schultz said.

While acknowledging that the racial divide and inequities in America are problems that have existed "for quite some time", Schultz told CNN during an interview in May that he believes President Trump's rhetoric "has given license to people to feel as if they can emulate and copy the kind of behavior and language that comes out of this administration".

"I've become bored with President Trump and his tweets", Schultz responded.

Some are already planning a boycott of Starbucks if Schultz enters the race.

Bloomberg's comments come after Schultz discussed his 2020 considerations on CBS News' "60 Minutes" on Sunday. On Monday morning, America watched the president's Twitter feed with familiar trepidation.

That, of course, is a misguided and bad idea-centrism as an American ideology has basically been eradicated outside of a handful of pundits, and his run might actually serve to help Trump get elected if it has any measurable effect at all. Schultz received backlash from Democrats after announcing that he is considering running for president in 2020 as a centrist independent.

"Howard, I like your coffee, but please don't do this".

No independent candidate has made a successful run for the White House, and the structure of U.S. elections in terms of getting on ballots in all 50 states and fundraising heavily favors the two major parties. Bring me your ideas and I will be an independent person, who will embrace those ideas.

NBC News reported that "Democrats were out in full force on Sunday blasting the idea of an independent presidential bid" by Schultz.

A poll ran by Ipsos and the Daily Beast in June, long before Shultz teased his intention to run, found that celebrities and business moguls are not favored by Americans as their next president.

Schultz said he sees "extremes" in both the Republican and Democratic political parties.

Michael Bloomberg, right, said there's no way an independent can win the presidency, after Howard Schultz, left, said he's considering such a campaign.

"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?"

Schultz writes it made him aware of the "negative ramifications attached to power" and writes "I will forever be deeply sorry". If he thinks that he can successfully run on denying things from the American people-then I think he should definitely take the plunge. "My hope is to share my truth, listen to yours, build trust, and focus on things that can make us better".

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