Bloomberg: "I've never been in favor of raising the minimum wage"

[crazytown]

You don't solve the problem (of wealth inequality) by taking things away from the rich

[LonePirate]

1. This is disqualifying. He has zero perspective on how the non-billionaire class lives.

[BigMin28]

2. You are exactly right.

They haven't a clue.

[GP6971]

3. Well, this will go over well

with the rank & file...NOT.

[Hassin Bin Sober]

9. Rank and file republicans will like it.

[DENVERPOPS]

14. Maybe

Maybe he is a russian agent, trying to screw up and confuse the Democrat voters even more than they already are........

[DENVERPOPS]

13. No shit

He may have made a mistake.......he truly should be running as a Republican.......

[50 Shades Of Blue]

4. I'd better not have to vote for him. He's no Democrat.

[Me.]

5. Says The Guy Who Has More Money Than he Can Ever Spend

No one is taking anything....you are being asked to pay a fair price for a fair day's labor...to pay a fair price for what you get

Bye Felicia

[dewsgirl]

6. He also thinks legalizing marijuana is ridiculous.🙄

[I_UndergroundPanther]

7. Bullshit

The rich have been stealing from vulnerable people the middle class and the poor the most.
They are parasite thieves. Who evade taxes by buying senators to pass legislation that gives them obscene loopholes.

Profit is theft.

[Doodley]

8. Whatever he says, whatever his positions, he's a million times better than the poison that is Trump.

[TreasonousBastard]

40. This is the point. For years a huge pile of us have been going orgasmic over...

the next great liberal hope. Amazing that not one of them got elected, eh?

Problem is that for every teabagger out there, there's a "progressive" who claims to be every bit as possessive of the "truth" as the wooliest right wingnut.

And for a dose of the "truth" we have NEVER, EVER elected a liberal or progressive as president. OK, I'll give ya Jimmy Carter, but he didn't run as a liberal, and when we found out, we elected Reagan.

Don't bring up FDR-- we elected him because of the Depression, not labor rights or the environment. Or even racial or civil rights. Cousin Teddy was all for consumer rights and nature but human rights and such did escape his notice. And he did get thrown under the bus with hardly anyone caring. More to the point would be that guy with the cross of gold speech, but who lost anyway. Then he lost the Scopes trial. But so it goes...

So, given that the voting population is a third wild-eyed reactionary, another third wild-eyed liberal, and the last third just wanting to get on with things with as little trouble as possible, doesn't seem sensible to run a candidate fairly close to the center leaning a bit to the left?

Bloomberg is basically an honest, decent guy who happens to be worth billions because he's smarter than the rest of us. He's also given away more than Trump has ever claimed to own. (So much for wealth tax)

Is that so bad?

Trump is so bad.

[MontanaMama]

10. But bye Bloomberg.

Don’t let the door hit you and Tulsi in the ass on your way out.

[Thekaspervote]

11. Wow! Doesn't agree with minimum wage or legalization of marijuana

Why bother running as a dem... he’s got all the gop talking points

[Hassin Bin Sober]

15. And thinks we need to cut "entitlements"

More billionaires preaching austerity for everyone else

To reduce the deficit we must cut entitlements

Q: Your thoughts on the sequester?
BLOOMBERG: Winston Churchill once said, "You can always depend on America to do the right thing after exhausting all other possibilities." We've had a democracy for 235-odd years and it works in the end, and that's what's in important. Sequestering is here. It will go on for a while. It's not going to be the end of the world as we know it. And everybody was saying, "Oh, the worst-case scenario is exactly what we're going to implement." And now they're into the real world and they'll try to find ways to do more with less, and then hopefully Congress will come together and modify sequestering to cut things back where we can afford it and not where we can't. And keep in mind, no program to reduce the deficit makes any sense whatsoever unless you address the issue of entitlements, Medicare, Medicaid, Social Security, interest payment on the debt, which you can't touch, and defense spending. Everything else is tiny compared to that.

[crazytown]

16. You solve the problem by taking things away from the poor.

[Green Line]

18. Why the hell is he running as a Democrat?

[crazytown]

19. To kill the wealth tax.

[Funtatlaguy]

21. They really are terrified of her. Sad.

[crazytown]

23. Bankers opposed FDR to the back teeth while he was saving the financial system.

The big picture doesn't fit into a quarterly earning statement.

[ritapria]

24. That is a brilliant observation

The Progressives are seeking to preserve the system that they have profited from so handsomely ...The billionaires want it all..ll …… The Oligarchy has run amok ..In the long run they are their own worst enemy

[RainCaster]

12. Haven't the Russians meddled enough in our elections?

What bonehead thought that the DNC needed a NYC billionaire? We already have a Russian mouthpiece from Hawaii.

[uponit7771]

30. +1

[yellowdogintexas]

17. STRIKE TWO

one more and he is out

Stick a fork in this dude he is done already


He is going to have to do a lot to overcome his remarks on legalizing marijuana and now this

[Jewls2]

20. Increase in cost of living, ergo wage, is not "taking away" from the rich.

What a jerk. Or am I not allowed to say cause I suppose he is a Democrat. How offensive.

I can't play the video. I am at work. At minimum wage.

[NurseJackie]

22. Bye Felicia!

[Cha]

25. What?! Well that Sucks!

[Doreen]

26. Well, now I have for "some reason" not

liked him from the beginning has been explained.

[The Valley Below]

27. Dishonest thread "framing."

Bloomberg proposes deducing income inequality by increasing the earned income tax credit as a way to increase the real-world income of low wage earners, which he believes will lead employers to increase hiring vs raising the minimum wage, which he believes reduces jobs.

Bloomberg says the way you solve the problem of wealth inequality by creating opportunity and creating jobs.

He may be right or wrong, but the OP paints a false scenario.

[crazytown]

29. In other words, raise tax subsidies - not wages (i.e.cut tax revenue)

"Bloomberg says the way you solve the problem of wealth inequality by creating opportunity and creating jobs"

In other words, a rising tide lifts all boats. No.

[The Valley Below]

35. More dishonest "framing."

That is NOT Bloomberg's position.

He is in favor of expanding the earned income tax credit as a way to boost income.

He is not my candidate, but you are not being honest in how you are portraying his position.

His position is that his position of an increased EITC would have the same effect as raising the minimum wage for a worker, but would do so without providing a disincentive to employers to hire.

That's quite different that what you suggest here.

[BannonsLiver]

43. Yes, the money will eventually trickle down.

Especially if people living paycheck to paycheck spend time educating themselves on the intricacies of our tax code. Because they have so much time and resources to do all of that.

[kysrsoze]

28. What makes this idiot a Democrat? Absolutely nothing. He's against every Democratic idea.

He just doesn't want to own up to what kind of madness he helped create in his own party.

[mvd]

31. Sounds like he dislikes Trump but wants to "save"

the rich from our candidates. No thanks, Bloomberg! Everyone from Biden to Buttigieg to Warren and Sanders wants a minimum wage increase. Out of line position.

[BeckyDem]

33. Yep

[BeckyDem]

32. He's a conservative, always was. He is running to make sure liberals don't

make liberal policy.

[Joe941]

34. Basically he is a repuke.

[Humanist_Activist]

36. "You don't solve the problem (of wealth inequality) by taking things away from the rich" Yes you do.

Yes, you actually have to, the economy is not a perpetual motion machine, its a largely closed system and is NOT based on infinite resources. Resources have to be allocated as equitably as possible.

[Humanist_Activist]

37. He's a capitalist, is it any surprise that this is his view? n/t

[Retrograde]

38. Well, I've never been in favor of Mike Bloomberg

Or of non-Democrats who are trying to be the Democratic Party's nominee for president in general.

[Joe941]

39. This is concerning.

[BannonsLiver]

41. Regardless of our personal preferences at this moment

If it comes to it, we will all need to do our part to keep this man from being the nominee. The MSM is going to be pushing this guy hard. Hopefully it won’t matter.