Howard Schultz, billionaire ex-CEO of Starbucks Coffee Co. has been making the rounds on morning shows and talk shows, announcing that he is thinking of entering the 2020 presidential race as a ‘centrist independent candidate’.
He is not off to a good start. Democrats fear he will draw away critical support needed to defeat Trump, from the Democratic candidate in a three-way race. Schultz also criticized liberal Democratic policy positions right out of the gate (healthcare for all, free college, more taxes on the rich).
Others say that a being a billionaire in the 2020 race is a non-starter – given how spectacularly out of touch the billionaire-in-chief in the White House and his billionaire Wall Street cronies are, with the plight of most Americans trying to make a living*.
*Commerce Secretary Wilbur Ross ‘just did not understand’ last week why federal employees missing two paychecks would visit food banks, when they could ‘simply take out loans to pay their bills during this time of a liquidity crisis’.