Howard Schultz's Bold Gamble: Is America Ready for an Unctuous Billionaire Preaching Austerity Economics and a Full-Throated Defense of the Status Quo?

I swear, Benevolent Billionaires For President season starts earlier every cycle. This year’s model is Howard Schultz, who is stepping down as chairman of Starbucks in order to spend more time with campaign hacks who want him to spend the next two years helping them afford down payments on new houses. Schultz went on…

More Evidence That Companies Aren't Spending Their Tax Windfalls on Their Workers

Since Republicans in Congress passed their sweeping, mind-bogglingly regressive tax legislation in December, people have wondered whether companies will use their tax windfalls on capital investments—also known as “spending money on doing business things, instead of hoarding it”—and how much of this new money would…