Buying Coffee and Creating Jobs

Joe Nocera on an interesting job creation plan from Starbucks CEO Howard Schultz:

Here’s the idea they came up with: Americans themselves would start lending to small businesses, with Starbucks serving as the middleman. Starbucks would find financial institutions willing to loan to small businesses. Starbucks customers would be able to donate money to the effort when they bought their coffee.

★ Wednesday, 19 October 2011