SEVERE WX : Flash Flood Watch View Alerts

Starbucks' Howard Schultz: 'Big difference' between my qualifications and Trump's

Outgoing Starbucks Executive Chairman Howard Schultz won't say for sure whether he's going to run for president. But ...

Posted: Jun 5, 2018 7:12 PM
Updated: Jun 5, 2018 7:12 PM

Outgoing Starbucks Executive Chairman Howard Schultz won't say for sure whether he's going to run for president. But he implied he's more qualified for the job than the business executive who currently holds the title.

"There is very big difference between someone who has run a global enterprise like myself, who has traveled to China probably more than any other CEO in the last 10 years, and who understands those issues, versus someone who has run a private company with very little fiduciary responsibilities to other shareholders," he said in an interview Tuesday on CNBC.

Related: Howard Schultz: We need to talk about race in America

Schultz was very critical of President Donald Trump and the state of American politics and government, citing "vitriolic behavior coming from this administration." He added that while "President Trump has given license to the fact that someone who is not a politician could potentially run for the presidency," he stopped short of confirming that he is going to run himself. "I can't be nailed down today on what I might or might not run for."

He did say that he wants to be involved in public service to help bring the country together, and to fix the budgetary process in Washington.

"My concern (is) for the country. I think we can do much better. I think the political class as a whole has been reckless," he said.

Schultz also dismissed a comment by presidential historian Douglas Brinkley that previous CEOs have fared poorly as president. "The history of business leaders in the White House has not been good. ... You basically have Herbert Hoover and Donald Trump," Brinkley told The New York Times.

"I think the rules of engagement for running the United States of America in a global society are very different from comparing (them) to Hoover or the current president," Schultz told CNBC.

Related: Related: Howard Schultz steps down at Starbucks

Specifically, Schultz took issue with the current administration's policies on trade, immigration and last year's corporate tax cut.

"Corporate America did not need a 21% tax cut when we could have done so much more for the people of the country, when 45% of the people in America don't have $400 in the bank for a crisis," he said.

He was also took Democrats to task.

"It concerns me that so many voices within the Democratic party are going so far to the left," Schultz said, citing proposals for a single-payer health care system and guaranteed income. "I ask myself how are we going to pay for these things."

He said the federal government's $21 trillion in debt is the greatest threat facing the country, and added that he wants to change entitlement programs to reign in government spending.

New York Coronavirus Cases

County data is updated nightly.

Cases: 2533155

Reported Deaths: 56222
CountyCasesDeaths
Kings33439110849
Queens31559610296
Suffolk2404693613
Nassau2149303300
Bronx2078026754
New York1685484637
Westchester1438522343
Erie1071301956
Richmond890341936
Monroe849411189
Orange57778920
Rockland53278779
Onondaga52461765
Dutchess35776500
Albany31074390
Oneida28870590
Broome24729409
Niagara24203398
Saratoga20485204
Ulster17349280
Schenectady16899229
Rensselaer14947170
Putnam1254198
Chautauqua12526175
Oswego11817115
Chemung11046157
St. Lawrence10701128
Steuben10273173
Ontario9436110
Jefferson900378
Cayuga8722107
Sullivan852683
Wayne827885
Cattaraugus7830118
Genesee7098132
Herkimer6875128
Clinton680740
Tompkins657459
Fulton6432104
Madison6266102
Montgomery6036142
Livingston580071
Warren557184
Cortland540180
Tioga518672
Columbia5043111
Chenango473388
Washington468467
Allegany468298
Otsego461755
Wyoming442858
Greene442087
Orleans440189
Franklin435222
Lewis364938
Delaware359148
Seneca276163
Essex236231
Schoharie232822
Yates167328
Schuyler155417
Hamilton4393
Unassigned15130
Out of NY0319
Utica
Partly Cloudy
61° wxIcon
Hi: 54° Lo: 45°
Feels Like: 61°
Oneonta
Partly Cloudy
69° wxIcon
Hi: 72° Lo: 45°
Feels Like: 69°
Herkimer
Mostly Cloudy
61° wxIcon
Hi: 55° Lo: 47°
Feels Like: 61°
Old Forge
Mostly Cloudy
61° wxIcon
Hi: 51° Lo: 39°
Feels Like: 61°
WKTV Radar
WKTV Temperatures
WKTV Severe Weather
Game Day Deals - New Deals Each Week
Chapter Aesthetic October Giveaway
Cool To Be Kind 2021
Looking for work or looking to hire? Check out the WKTV Job Fair!
Saluting Those Who Are Proud 2 Serve