Howard Schultz, the former Starbucks CEO, current wannabe presidential candidate, and insanely rich person, doesn’t want you to use the term “billionaire” when talking about him or other insanely rich people.
Schultz, whose presidential platform currently consists of: less taxes for me, no healthcare for you, and buy my book please, was asked if he thought billionaires had too much power in America on Monday at a book event hosted by CNBC host and New York Times reporter Andrew Ross Sorkin.
“The moniker ‘billionaire’ now has become the catchphrase. I would rephrase that and say that ‘people of means’ have been able to leverage their wealth and their interest in ways that are unfair, and I think that speaks to the inequality but it also speaks to the special interests that are paid for people of wealth and corporations who are looking for influence.”
I seem to recall the Republicans trying to do something like this with “job creators” and it not going all that well. In fact, I would like to propose a new policy where every time Howard Schultz says something profoundly tone deaf, the top marginal tax rate goes up another 2%.
It doesn’t appear Schultz noticed the irony that he is a billionaire – sorry, “person of means” – who is able to leverage their wealth into getting undue amounts of press and TV time trying to become a presidential contender. All this despite having no political experience or any sense of self awareness.
Currently, Howard Schultz’s approval ratings among Democrats, Republicans, and Independents is hovering around 4%.
I have a better idea for an alternate term for billionaire: “rich fuck”