Caramel Macchiato, scones, yummy breakfast sandwiches and frappuccinos…….Starbucks’ baristas are the best in the business, but their CEO had too much caffeine earlier this week.
Starbucks CEO Howard Schultz wants Congress and the president to produce a long-term deficit reduction plan. He has been pushing his idea over the past several days, appealing to business leaders and other Americans to send a message to Washington by cutting off political campaign contributions. (Good thought, so far).
“This effort is not concerned with helping or hurting one party or another – it’s about applying pressure on all those now in office to compromise for the good of the country,” he wrote in a memo. (Not so good here, Howard.)
Compromise has become the mantra of the Obama regime and the liberal left to continue the incremental erosion of our rights and freedoms. Compromise allows for the continued growth of government. Compromise creates the illusion that progress is being made when, in fact, it is the vehicle that has brought us to the edge of the economic abyss.
Not many have gone on record in support of Schultz’s call yet. NASDAQ CEO Bob Greifeld backed up Starbucks on Monday, writing in a note that Schultz “can count on me.”
“Until our elected officials show the leadership that all of us not only expect but deserve, it is time for us to stand firm and demand more from them,” he wrote in a letter to member companies.
Schultz is hardly alone in his frustration with Washington. His appeals follow a dramatic and chest-clenching debate over the debt ceiling – in the end, Democrats and Republicans agreed to raise the ceiling with mere hours to spare. Another compromise that accomplished nothing toward true deficit reduction, halting unrestrained government spending or job creation.
The politics of that debate, and the failure to strike a deal that cut enough from the deficit, triggered the country’s first-ever credit rating downgrade. It also contributed to a roller-coaster week on Wall Street.
Schultz said in a letter Monday that he wants to see a “fair, bipartisan deal” to address the country’s deficit, one that considers “all options, from entitlement programs to taxes.” Taxes, now there’s a great idea……..raising taxes in a recession. That should really stimulate job creation!!!
Schultz also said “The government needs discipline, the people need jobs – and leaders need to lead.”…………Amen.
Howard, just keep the baristas brewing and quit writing memos about things you don’t understand.