“Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.”
Author details
Related authors
Other Michael Bloomberg Quotes
The cold harsh reality is that we have to balance the budget.
Michael Bloomberg 
62% of people like this quote
We are the safest large city in America, but any crime rate is too high.
Michael Bloomberg
61% of people like this quote
Well, you have the public not wanting any new spending, you have the Republicans not wanting any new taxes, you have the Democrats not wanting any new spending cuts, you have the markets not wanting any new borrowing, and you have the economists wanting all of the above. And that leads to paralysis.
Michael Bloomberg
60% of people like this quote
We will rebuild, renew and remain the capital of the free world.
Michael Bloomberg
59% of people like this quote