You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.
Michael BloombergI will say that walking down the street, getting on the subway, taking the elevator, if there's one or two people and they say, 'Great job, Mayor,' that is a real turn-on. I mean, anybody that wouldn't find that satisfying, rewarding, exciting, thrilling - I think they should see the doctor.
Michael BloombergThe people who are worried about privacy have a legitimate worry. But we live in a complex world where you're going to have to have a level of security greater than you did back in the olden days, if you will. And our laws and our interpretation of the Constitution, I think, have to change.
Michael BloombergAnd I think the more money you put in people's hands, the more they will spend. And if they don't 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 BloombergWell, we have to provide the world's best schools. We certainly don't have them, but that's our objective.
Michael BloombergThe problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure it with the quantity of loans, and that sort of thing. The problem is, that nobody wants to take the loans. Once the banks are willing to give it, that's only half the problem.
Michael Bloomberg