Former Obama economic advisor: Here's why Howard Schultz is wrong on debt

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'America is not a company': Former Obama economic advisor blasts Howard Schultz on debt fears

 

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oh yes it is..its been a company since the end of the 40s

Needs to be ran like a company. $$$ keeps it going!!!

This is the equivalent to a richest man buried in credit card debt finding a lost credit card in his closet for another 10 billion. We keep on piling it on.

There are no other companies or countries more leveraged than the United States. The myth that we are the richest nation is only a myth that once was truth 70 years ago. We are more in debt that any entity, company or country in the world. Fact.

Haha 😂 yea right.... it’s just run by them HowardSchultz lobbyist

OH OBAMA AGAIN.

We have already seen that business men make lousy Presidents

You’re an IDIOT if you don’t think America is a company. It’s backbone of taxes/employment consists of companies, of which AMERICA must operate, devise regulations, laws for business. We need a President with great business acumen running the country

“U.S.'s burgeoning debt is a long-term concern w/implications for fiscal and monetary policy. Morgan Stanley wrote recently that the growing debt is putting a ceiling on the central banks' ability to raise interest rates, and makes the economy more vulnerable to long-term shocks”

An Obama economic advisor blasting Howard Schultz is like a high school coach blasting Bill Belichick. Lets put things in perspective

My god.

Furman and Summers seem to forget the US took in record tax income last year, spending is the problem..

No its not its only 22 trillion dollars in debt

Oh the establishment dem is going after the independent because they’re scared he’s gonna steal votes from them and get trump re elected. The coordinated attack by media and Dems is so transparent

When you yourself are not a leader when your plan cannot stand on its own merits you attack others. When you are incapable of effecting change by influencing others to support your ideas you seek to manipulate change by attacking others. Leaders have a plan that stands on its own

All money is debt, it's created out of thin air. If you want to lower the deficit then have the treasury print the money interest free! Just about everything about free market capitalism is a goddamned lie.

Stay in your lane, brah ! You racked up 9-11 Trillion in debt in only 8 years..... definitely NOT run like any company I've heard of, lmao !

If a former Obama economic advisor blasts Schultz, that's a ringing endorsement that Schultz is right

To Obama Advsior, America isn’t a money tree either!

How many kids did BarackObama kill with drones?

The progressive plan of increasing spending while undermining growth with taxes regulation and increased entitlements is completely untenable.

Leonard knows nothing about economics!

Well, companies obviously started hiring under Trump, since the job numbers doubled on Friday to 304,000 new jobs! We'll go with Trump.

Uhh, except that the economy under Obama was a disaster:

Obama’s economic record was the worse in the post war era if I’m not mistaken. Schultz stick with you position.

Oh really. I guess America doesn’t have to be solvent then? What an irresponsible comment. Sorry you can’t have anything you can’t possibly pay for.

Like anyone should listen to any Obama Economic advisor 🤣 HowardSchultz

Are you familiar with the economy of the Obama administration?

Just BS

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Former Starbucks chief Howard Schultz confirms interest in independent 2020 bid, as Democratic worries riseFormer Starbucks chief Howard Schultz confirms interest in independent 2020 presidential bid, stoking Democratic concerns Better save your money.... AMERICA TODAY: For the good of the country, we can’t possibly have a viable independent candidate run for President. AMERICA ON NOV. 3, 2020: We’ve got to undo the 2-party stranglehold on our politics. I’m waiting for Howard Schultz to proudly proclaim that he’ll run America like a coffee shop.
Source: washingtonpost - 🏆 95. / 72 Read more »