Will this presidential election be the most important in American history?
Democrats are desperate. First, news reports surface of momentum building behind a possible Joe Biden primary bid. Now, some Democrats are trying to enlist Starbucks CEO Howard Schultz to challenge Hillary in the Democratic primary.
Howard Schultz, the chairman and CEO of Starbucks, is being urged to challenge Hillary Clinton for the Democratic presidential nomination.
Schultz, 62, is getting encouragement from supporters because they believe “the time is right for someone who’s not a political lifer,” New York Times columnist Maureen Dowd said on Saturday. “It may be a tempting proposition.”
Raised in low-income housing in Brooklyn, Schultz later graduated from Northern Michigan University. He bought Starbucks in 1988 and built the company to where its operating income totaled $939 million in its most recent quarter, on $4.9 billion in sales. Schultz also once owned the Seattle Supersonics.
“He has strong opinions, and even position papers, about what he calls the fraying American dream,” writes Dowd, who has long criticized Clinton and former President Bill Clinton.
Schultz is a self-made businessman, and for this reason, Democrats might be surprised and disappointed by some of his positions. Here’s a video of Schultz in 2014 explaining why raising the minimum wage isn’t necessarily a good idea: