Schultz on Backlash to Possible Presidential Run: “I Must Be Doing Something Right”

That’s one way to respond to charges of launching a vanity project campaign.

The announcement this week from Howard Schultz, the former Starbucks CEO, that he was considering an independent run for president in 2020 has prompted a fiercely negative response, with Democrats and even fellow billionaires warning that an independent campaign could split the party and effectively hand the next election to Donald Trump.

Others have decried the idea of a billionaire, one who has already dismissed several key progressive platforms such as Medicare-for-all and higher taxes on the super-wealthy, running to capture the liberal vote. “Don’t help elect Trump, you egotistical billionaire asshole!” a protester shouted at Schultz during an event to promote his new memoir. “Go back to getting ratioed on Twitter!”

When asked about the intense backlash to his announcement on Wednesday, Schultz gave a response that’s unlikely to diminish criticism that his flirtation with a presidential run is nothing more than a vanity project.

“I must be doing something right to create so much interest and backlash from the Democratic Party,” he said during an appearance on MSNBC’s Morning Joe. “Some of it is a surprise. We expected to see some of the level of vitriol, but not the extent it’s been.”

Schultz also continued his recent criticism of Sen. Elizabeth Warren (D-Mass.), the presidential candidate who has led the push for higher taxes on the wealthy. Schultz claimed that he once declined the senator’s request for a campaign donation. “I don’t believe what Elizabeth Warren stands for,” he said. “I don’t believe the country should be heading to socialism.”

Schultz’s remarks on Wednesday, in which he appeared hellbent on painting prominent Democrats as radicals, came as he has promised to unite voters. Schultz said, “I don’t affiliate myself with a Democratic Party who’s so far left, who basically wants the government to take over health care, which we cannot afford, the government to give free college to everybody, and the government to give everyone a job.”

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In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

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