Thursday, January 24, 2008

Bloomberg Dismisses Stimulus Package

I added several of the ideas proposed by the NY Mayor to the People's Platform proposal section, also the criticisms of the Federal governments stimulus package:

New York Mayor Michael Bloomberg said Wednesday the White House and Congress are negotiating a shortsighted economic stimulus package and should focus instead on encouraging immigration and helping strapped homeowners.

"We can't borrow our way out of this. The jig is up," Bloomberg said during a speech to the U.S. Conference of Mayors, which honored his environmental efforts.

The billionaire mayor, who is said to be considering an independent presidential bid yet denies that he is a candidate, said the $150 billion stimulus package being hammered out between Democratic and Republican leaders won't be enough.

"There's just one problem: It's not going to make much of a difference because we've already been running huge deficits," Bloomberg said. "If we spend all the money right now, and there is no recovery because of it, then we don't have a second hand to play."

- Read entire article.

1 comment:

unitybroth said...

This quote that Bloomberg said a few days ago really rang true for me...

“In politics, winning elections and protecting a party majority is more important than solving problems. And so short-term pork invariably wins over long-term investments,” the mayor said.

The governments proposed stimulus package is like trying to fix the country's flu with a few band aids. Ridiculous.

We need real change.

And, if I am going to vote for real change, then I want someone who understands how to run a business. I want someone who understands the economy. I want someone with leadership experience. I want someone that can build a team made up of the best minds, despite party affiliation, and provide direction for them to fix education, health care, immigration, social security, and the war.

I believe that Mayor Bloomberg, a proven successful businessman and public servant, is the leader to help us rebuild our country.

We've posted quite a bit of info about Mike at draftbloomberg.com and a petition to draft him for those that are interested.