Starbucks awkwardly takes sides in the #shutdown

“We believe the government would continue to pay interest and principal on its debt even in the event that the debt limit is not raised, leaving its creditworthiness intact,” the memo says. “The debt limit restricts government expenditures to the amount of its incoming revenues; it does not prohibit the government from servicing its debt. There is no direct connection between the debt limit (actually the exhaustion of the Treasury’s extraordinary measures to raise funds) and a default…

“The budget deficit was considerably larger in 2011 than it is currently, so the magnitude of the necessary spending cuts needed after 17 October is lower now than it was then,” the memo says.

Starbucks is playing a risky game wading into such hotly debated political issues, and by parroting Obama’s talking point that the debt ceiling deadline poses an economic threat to America, they’ve failed in their attempt to be bipartisan. What do you think?