Michael Bloomberg Quotes

I'm a capitalist, and I believe that universal basic income is necessary for capitalism to continue.

Let’s make the poor richer.

The most important thing is guaranteed livable income, which will take a while to bring in because it means all the provinces have to participate.

Expanding the EITC can get us close to a universal basic minimum income.

The benefits of a universal basic income overall are huge.

We need a better strategy for poor people...because what we're doing isn't working.

No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.

I think the right-wingers have to buddy up to the fact that either the minimum wage has to go up, and people get enough money to live, or you're always going to have people needing government assistance. You can't have it both ways.

You can't lift people out of poverty simply by tweaking the tax system, or by raising the minimum wage by a few cents, or by reducing student debt slightly. These might be necessary components of a larger anti-poverty program, but you have to accept they are pieces of a much larger puzzle.

We have to realize that this country in its private sector has been fighting the most successful war on poverty the world has seen for the last 200 years.

If you really want to end income inequality, I've got the way to fix it. People who don't work shouldn't get any income.

There are different varieties and forms of capitalism. There are priorities within the capitalist society so that you can have countervailing forces come in and empower your working people and your poor people. There are capitalist societies that do not have poverty. America needs to understand that.

To Republicans, I humbly suggest that we make it possible for Democrats to give up their quest for redistribution of income and wealth by our acceptance of an appropriate role for government in financing those public goods and services necessary to secure a social safety net below which no American would be allowed to fall.

The minimum wage in Denmark is about twice that of the United States, and people who are totally out of the labor market or unable to care for themselves have a basic income guarantee of about $100 per day.

We have to define and put into practice a better, more coherent and effective policy on income security.

Taking responsible steps to reduce poverty is not merely a moral imperative but an economic one.

My mission is to eradicate poverty.

I am for doing good to the poor, but I differ in opinion about the means. I think the best way of doing good to the poor is not making them easy in poverty, but leading or driving them out of it.

Throughout human history, the American Idea has done more to help the poor than any other economic system ever designed.

The conventional viewpoint says we need a jobs program and we need to cut welfare. Just the opposite! We need more welfare and fewer jobs.

What we're putting forward is the most radical reform of the welfare state... for 60 years. I think it will have a transformative effect in making sure that everyone is better off in work and better off working rather than on benefits.

Society’s willingness to provide for the poor among them increases when the standard of living is advancing.

Social Security is a problem solving program, not a problem creating one .... Social Security is our best anti-poverty program.

The best social programs we've had in this country are those that have united the middle class and the poor.

Giving away food only encourages the poor not to starve. Increase productivity, not employment. Insure profits before we insure people Don’t be haters! We’re job creators. Bailout banks, not these losers (people evicted by banks foreclosing on their mortgages).