Schultz, Citing ‘Spoiler’ Prospect, Bows Out of 2020

The Story:

Throughout 2019, Howard Schultz, the man behind the explosive growth of the Starbucks coffee empire in the 1990s, has been very publicly contemplating the use of his wealth to mount a third-party campaign for President of the United States. Last week, though, he decided that he will not, after all, run such a campaign.

Background:

The old political term “spoiler” refers to a candidate with little or no chance of prevailing himself who nonetheless divides support for one side of a campaign, therefore intentionally or not spoiling that side’s chances and allowing the other side to prevail.

Many in the Democratic Party, for example, have criticized Ralph Nader as a spoiler in connection with the campaign of 2000, when Nader arguably took critical votes in Florida away from the Democratic nominee Al Gore, allowing Republican Gorge W. Bush’s victory in that state, and in the final result.

The Thing to Know:

In his statement Friday, Schultz said “There is considerable concern that four more years of a Trump administration pose a graver threat to our democracy than four more years of political dysfunction.” In the end, he was persuaded by that concern.

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