SEATTLE-- What's the secret to getting Washington politicians to stop fighting and do something about the economy? Starbucks CEOHoward Schultz says don't contribute to their campaigns and cut them off.
In a email to Starbucks employees, dated August 8, Schultz voiced his frustration at what he calls the lack of cooperation and irresponsibility among elected officials.
Schultz assures employees HIScompany will keep growing jobs. But Washington, he says, needs more than a caffeine boost. So he took his frustration one step further -- this week, he wrote another letter to fellow CEOs, urging those top business leaders to forgo any more political contributions until a bipartisan and long-term deficit agreement is met in Washington, D.C.
That is why we today pledge to withhold any further campaign contributions to the President and all
members of Congress until a fair, bipartisan deal is reached that sets our nation on stronger long‐term fiscal footing, Schultz wrote.
Many employees and business leaders say they are on board with Schultz' plan. Schultz himself has been a significant campaign contributor, mostly for Democrats including President Obama, Hillary Clinton and Washington Senators Patty Murray and Maria Cantwell.