Published: Wed, January 30, 2019
Worldwide | By Stella Potter

Howard Schultz denies a 2020 run as independent could re-elect Trump

Howard Schultz denies a 2020 run as independent could re-elect Trump

A third billionaire, President Trump, also weighed on Schultz's possible run on Monday, tweeting that he "doesn't have the "guts" to run for President!".

In response to a question about his business experience, he said he had "a long history of recognizing, I'm not the smartest person in the room".

He's also unable to read the room in another significant way: The reason Schultz is running as an independent is because he thinks the Dems have "shifted so far to the left" because they believe in insane, anti-corporate ideas such as free college, universal health care, and guaranteed jobs.

Schultz's new book, "From the Ground Up: A Journey to Reimagine the Promise of America", which is out on Monday, details his hard childhood being raised in public housing in Brooklyn, New York. Bloomberg, who is weighing a 2020 run, re-registered as a Democrat in October.

Though he doesn't care for the use of billionaire as an epithet, Schultz said he does agree that the wealthy have too much influence in politics.

Starbucks Chairman and CEO Howard Schultz delivers remarks at the Starbucks 2016 Investor Day in Manhattan, New York, U.S. December 7, 2016.

"It feels good to be here". Some Republicans believe Perot cost former President George H.W. Bush the presidency in 1992 by making President Bill Clinton's path to the White House easier.

The Green Party's Ralph Nader received nearly 3 per cent of the vote nationwide in 2000, and many people blame his 97,000 votes in Florida for costing Democrat Al Gore the White House. In a tweet, Trump goaded Schultz into running, seemingly safe in the knowledge he'd peel off more Democratic voters than rusted-on MAGA chuds. "I ask myself, 'How are we going to pay for all these things?' in terms of things like single-payer or people espousing the fact that the government is going to give everyone a job".

Given Trump's approval rating in the low 40 per cent range, "his only hope, if things stay the same - and that's a big if - is essentially to get somebody else, a third party, to siphon off those votes", Castro said. Only 18 percent total said that had a favorable opinion of Shultz, including 19 percent of Democrats and 22 percent of Republicans. "But I would have significantly addressed the people who need tax relief the most ... who don't have $400 in the bank". "Bring me your ideas".

But some of his views might clash with a Democratic Party gearing up to unseat Trump.

"We see extremes on both sides", Schultz said.

Mr Schultz's comments on Sunday prompted coffee-themed criticism by some on social media. Rumors of the billionaire's candidacy started swirling previous year after he stepped down from his chairman role at Starbucks.

According to Schultz's website, the new book tells his story about growing up in public housing in Brooklyn, New York, as well as his effort "to challenge the traditional role of business in society" while helping Starbucks become the world's largest coffee shop chain. The U.S. Office of Management and Budget estimates that the new tax code will add almost $1 trillion of additional debt over the next decade.

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