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Howard Schultz on Budget & Economy

Starbucks CEO; independent candidate for President

 


Debt ceiling agreement and balanced budget will save economy

It is business leaders' "responsibility" to help increase consumer confidence, especially though job creation. But the lack of a long-term agreement on the debt ceiling deal--Congress and the administration still need to agree on $1.5 trillion more in budget savings by the end of the year--is a direct link, he says, to the faltering economy. Most business people today are not going to invest in the uncertainty that exists in America. That uncertainly is directly linked to the debt ceiling.
Source: Lauren Effron on ABC News, "Show Confidence" , Sep 7, 2011

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Page last updated: Jun 03, 2019