Starbucks CEO Jumps Off Obamacare Bandwagon
Starbucks CEO Howard Schultz blasted the implementation of Obamacare on Thursday, just a month after he voiced his support for the law.
The socially-conscious CEO said "what the country needs now is real honesty and transparency and truth about what’s really going on." He said Obamacare's rollout was "unfortunate" for the American people because there is a lack of trust now in the law and the website.
”Unfortunately, in this kind of situation, execution trumps strategy," Schultz said on CNBC. "It might be a great strategy, but the execution is really flawed. It’s off the rails.”
Schultz had previously said Obamacare was "a good thing for the country" in September.