(Video) Starbucks CEO Steps Up To Help Veterans In A Big Way
This past weekend on CBS Evening News, the CEO of Starbucks Howard Schultz made a pledge to help veterans by donating $30 million to help with research to help fight post-traumatic stress disorder, a horrible disorder experienced by many soldiers after returning home from war. He elaborated that “the government does a very – – a much better job of sending people to war than they do bringing them home.” Last year, Schultz also made a pledge to veterans, promising to hire 10,000 veterans to fill positions at Starbucks around the country.
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Starbucks CEO Howard Schultz is making a large donation to help U.S. veterans.
Schultz spoke to CBS Evening News on Wednesday and announced his plan to allocate most of the $30 million donation toward researching solutions to brain trauma and post-traumatic stress disorder.
PTSD affects between 11 and 20 percent of military members who served in the Iraq and Afghanistan wars, according to the Department of Veterans Affairs.
Schultz told CBS that veterans often don’t get the treatment or understanding they need and deserve.
“The truth of the matter is, and I say this with respect, more often than not, the government does a very — a much better job of sending people to war than they do bringing them home, ” he stated. “They’re coming home to an American public that really doesn’t understand and never embraced, what these people have done.”
Schultz has shown support for troops in the past. Last year, Starbucks announced its initiative to hire 10,000 veterans and spouses of active military in five years.
The unemployment rate among post-9/11 veterans dropped to 9.0 percent last year, down from 9.9 percent the year before, according to the Bureau of Labor Statistics. This number is about 1.6 percentage points above the civilian population.