Michael Bloomberg Quotes
We should remember it wasn't so long ago that confidence in New York was in short supply.
Bloomberg, Michael. "State of the City Address." The Official Website of the City of New York, 14 Jan. 2004.
Keynes thought that within 100 years, governments could control economies so that recessions and depressions would not tale place and a sufficient standard of living could be maintained so that poverty would be eliminated. By the end of the 20th century, no nation had accomplished this and few tried. By the 21st century, globalization made it impossible for a single nation or even a small group of nations to control a nation’s economy.
We emerged from the depression and went on to grow stronger than ever. However, we did not learn how to prevent future depressions and recessions.
Michael Rubens Bloomberg is an American businessman, politician, philanthropist, and author. He is the majority owner and co-founder of Bloomberg L.P. He was the Mayor of New York City from 2002 to 2013, and was a candidate for the 2020 Democratic nomination for president of the United States.