“How are we going to pay for these things?” asks Starbucks boss.

10 thoughts on ““How are we going to pay for these things?” asks Starbucks boss.

  1. Here’s something for Trump to brag about!! The US has extreme poverty and nothing is being done to alleviate these conditions. [Bet the Orange one isn’t shown this report. He’d explode and blame it all on ‘fake news’.] Tax cuts ensure governments can’t get the revenue they need to ensure basic social protection and meet human rights obligations. Brag, Trump, about the ‘wonderful Christmas present to the middle class’.
    Report: America’s “Cruel and Inhuman” Poverty Levels…Fareed Zakaria
    The United Nations Special Rapporteur on extreme poverty and human rights has released a new report on the United States. It isn’t good.

    “For one of the world’s wealthiest countries to have 40 million people living in poverty and over five million living in ‘Third World’ conditions is cruel and inhuman,” UN Special Rapporteur Philip Alston says.

    The United States also “has the highest youth poverty rate in the Organization for Economic Cooperation and Development (OECD), and the highest infant mortality rates among comparable OECD States. Its citizens live shorter and sicker lives compared to those living in all other rich democracies…”

    Unfortunately, the report argues, the outlook is just as bleak—and what happens in America won’t stay in America.

    “There are also global consequences. The tax cuts will fuel a global race to the bottom, thus further reducing the revenues needed by Governments to ensure basic social protection and meet their human rights obligations. And the United States remains a model whose policies other countries seek to emulate.”

    1. Yes…fake news & blaming it all on Obama & the Democrats (who certainly do have a large blame in all of this, but it is Trump who is the president now & is in control of the bully pulpit).
      I think the meaning of “the buck stops here” might have ended w/ Harry S.Truman.* Or just, perhaps, the words into action.

      *Sorry–the War on Poverty was an excellent plan, as was the Civil Rights Act of 1964. I loved the play & the HBO Film, All the Way.

  2. Hmmm…”How are we going to pay for these things?”
    From a former CEO whose company is raising drink prices, next week, “to adjust for inflation.”
    Which is why I make my joe at home.

  3. &–one final comment: an essay in the Tribune, under the Perspective section,
    “Howard Schultz, & the Rest of You CEOs, do not Run for President,” by Helaine Olen, a contributor to The Washington Post & the author of “Pound Foolish: Exposing the Dark Side of the Personal Finance Industry” (which also sounds like a good read). I HIGHLY recommend reading this article (not good at linking; you can search it, or if a reader can, please send a link.
    The article says, “…over the years, Schultz has run Starbucks like something of a benevolent dictator… Starbucks might trumpet the fact that it pays more than the minimum wage, but it’s a member of the Nat’l. Restaurant Assn., the trade group that vehemently lobbies against the Fight for $15…Pro-worker activists refer to the org. as the ‘the other NRA.’…He’s worth about $2.8 billion, a net worth that comes in no small part from the fact that as CEO, he earned $75 for each dollar the typical barista received in his or her paycheck.”
    & there’s a lot more.
    Plus, let us not forget the fact that we, in ILL-Annoy, especially, have not just one but TWO REALLY bad examples of CEOs as top government officials.
    & how’s that been workin’ out for us?

  4. So Illinois, NJ, Conn and Cal are financially in the shitter. Are their pols more corrupt than the average carpetbagger or is there another common theme.

    I hate the guy Fred, but he ran a very successful business and I’m sure it’s not the first time he’s asked the question. Difference is he is used to getting answers before anybody acts.

    1. As opposed to the other 2 guys, Anonymous!
      But–I caution you all to read the article I cited earlier.

  5. Trump and the Republicans have to pay for the 1.5 Trillion dollar Tax cut for the wealthy somehow. They will next start screaming about deficits (which the tax cut created) and start a campaign to cut federal spending. Cuts to Medicare, Medicaid, Obamacare, Social Security, infrastructure, education, and every area of government spending. A 2% wage cut to federal employees has been implemented by Trump, along with changes to weaken federal employee rights to make it easier to fire them. Meanwhile the Trump-appointed National Labor Relations Board is re-opening and reversing cases that were already decided during the Obama administration. What the Trump/Republican Supreme Court is going to do remains to be seen, but is not going to be good for unions, teachers, or anyone else except the very wealthy and the big corporations. Their plan is to monopolize everything, bust the unions, lower wages, and RAISE PRICES.

  6. I heard a conversation on Ben Joravsky’s show, today, as to how H.U.D. (Ben Carson, & somebody–not on Ben’s show; maybe Stephen Colbert-?–gave him the moniker, “brain surgeon who removed his own brain”) is planning to raise rents for Section 8 tenants. So, show participants were figuring that that’s where the Trump Admin., et.al., were making up the deficit: by taking money from poor people.

  7. I heard the Trump administration came up with another bad idea to finance their 1.5 trillion tax cut for the 1%. They demanded the behemoth Bonneville Power Administration (BPA) raise the electric rates to public power ratepayers up to 84%, and send the money to the treasury as a cash cow. This would especially hit Blue states Washington, Oregon, and California. The BPA refused to break the law. The law that created the BPA specifically says they are non-profit and will deliver electricity AT COST. The entire system was originally built on loans from the federal government which are being paid back, with interest, by the BPA ratepayers. In retaliation, Trump is trying to privatize the agency, but first fire the administrators, de-unionize the workforce, and cut wages. If that happens, the new private owners would be able to financially gouge, plunder, and rape their customers. Schools, single family farms, farm irrigation pumps, municipal-owned utilities, and Indian tribal power co-ops would all be hit hard. Schools use a lot of electricity. If they get hit with a large increase in power costs, they have less money for everything else. Money for teacher’s pay and medical insurance would be reduced, along with supplies and school maintenance. After work, a teacher would also face a much larger electric bill at home. The same would hit many other people as well, workers in stores and factories will also see pressure on their wages and health insurance. At the same time, the price of things sold in those stores and produced in those factories will go up. There is no such thing as “cheap” electricity, just expensive and MORE expensive. A bitter political fight is brewing.

    I was in Oregon for a time in the 1960s, I remember they were building what was called locally “The Dalles to Los Angeles” power line. I remember the towers looked a lot like the towers around Illinois, but much bigger and taller.

  8. Trump again added a paragraph hidden deep in the federal budget, to sell all federal public-power entities. It has been stopped, at least for now, surprisingly, by a Republican.

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