You have to take away some of tax breaks for the wealthy, and you have to cut back on some entitlements. Because, unless we do all of these things, it just doesnt work. And whats good theater and whats good politics isnt necessarily good economic policy. – Michael Bloomberg
We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city. – Michael Bloomberg
These endless legal challenges that define elections in New York are a joke in this country, and they are the reason why it is so expensive, or one of the reasons, its so expensive to run here and why so many people decide not to run. – Michael Bloomberg
What goes on in Europe concerns us greatly because, if Europe comes apart, the E.U. comes apart, then youre going to have enormous impact on America, thats a very big trading partner of ours, and people own securities around the world in this day and age. – Michael Bloomberg