And I think the more money you put in peoples hands, the more they will spend. And if they dont spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that. – Michael Bloomberg
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