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Forum » Topics » All Things Economy » Bloomberg says Homelessness "Good Sign" Of Vibrant Economy
Bloomberg says Homelessness "Good Sign" Of Vibrant Economy
TeesusDate: Saturday, 2013/10/19, 8:58 PM | Message # 1 |   DMCA |   
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Approximately 50,000 people spend the night in NYC homeless shelters, according to the city’s Department of Homeless Services. There are more people languishing on the waiting list for public housing then there are total public housing units in NYC. There is a serious homelessness epidemic happening in NYC that has not been seen since the Great Depression. And to Mayor Michael "Foot In Mouth" Bloomberg, all of these things are first and foremost "good signs" of a vibrant economy. “Somebody said that there’s not enough housing. That’s a good sign. It doesn’t mean it isn’t a problem, but there are no vacancies,” he said.“That will bring in investment, for people to build for all income levels, different kinds of housing," he said during his weekly radio appearance. "In cities, if you want to have lots of vacancies where everybody could easily find a place, you don’t have a good economy."

Like with a lot of things Bloomberg says—more billionaires in NYC would be "godsends", don't go to the bathroom if you want to be successful—the point he's trying to make is eclipsed by his lack of empathy, and his inability to stop himself from sounding like Scrooge McDuck.

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Message edited by Teesus - Saturday, 2013/10/19, 8:59 PM
 
Forum » Topics » All Things Economy » Bloomberg says Homelessness "Good Sign" Of Vibrant Economy
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