SKOUSEN: Founder of Starbucks Leaves the Democratic Party!

Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Howard Schultz, the former CEO of Starbucks, is a social democrat who built a worldwide billion-dollar company that was not only profitable but was also socially progressive as it gave stock options, medical insurance, college training and other generous benefits to its employees (who he calls “partners”).

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Schultz has been a lifelong Democrat, but recently became so disgusted with the direction of the Democratic Party’s move toward outright socialism that he left the party to make an independent run for the presidency.

He’s also not happy with the current crop of Democratic candidates, who are falling all over each other to see which one can promise more “free” goodies from the government and more killer regulations that could destroy the American way of life.

He asks, “When I hear them 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?”

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Good question.

But last week, Schultz decided not to run for president, because he felt that an independent candidate would make it easier for Trump to win reelection. And he’s no fan of Trump either.

In his very first podcast, Steve Forbes did a two-part interview with Howard Schultz, who talked at length about his newly released life story, “From the Ground Up: A Journey to Reimagine the Promise of America,” available on Amazon by clicking here. Forbes read the entire book and recommends it, even though he does not agree with all of Schultz’s policy recommendations.

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