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Mayor Bloomberg Offers His Advice on Fixing Economy and Fuels Rumors of 2012 Presidential Run
New York Daily News
Adam Lisberg

December 8, 2010
View the Original Article


Mayor Bloomberg Wednesday morning outlined six principles to fix the nation's economy - none of which he could do as mayor, but all of which he could do as President.

In a speech light on specifics but heavy on nationwide ambition, Bloomberg said America needs to cut regulations and taxes for businesses, promote trade and immigration, restore confidence and invest in job training.

"This is not a liberal or conservative approach to job creation. It's an effective approach. And it's an approach that we need more of at the state and national level," the mayor said.

"We can grow our economy, create jobs and reconstitute our broken system," he said. "If we make the choice to commit to these goals, we will have the change that we want."

Bloomberg repeated his criticisms of the Democratic and Republican parties, in terms that sounded like a stump speech to run for higher office.

"As families struggle to get by, they have seen little but partisan gridlock, political pandering and legislative influence-peddling," the mayor said. "When did success become a bad word in America? When did cooperation in government become treason?"

That kind of talk has helped Bloomberg position himself as a potential third-party challenger in the 2012 presidential race.

While Bloomberg has claimed in the past he will not criticize President Obama, he said the President's stimulus and health care reform bills have done little to help the economy.

"The Obama administration will have to be very careful to make sure that the financial services bill passed this year doesn't hinder innovation," he said.

The mayor delivered the speech to hundreds of business leaders and politicians in a meeting room at the Brooklyn Navy Yard.

Bloomberg's aides did their best to position the speech as a national salvo, with CNBC broadcasting to its business audience from the site - and interviewing Deputy Mayor for Economic Development Robert Steel.

While the crowd greeted the end of the half-hour speech with a standing ovation, one critic said Bloomberg needs to pay more attention to New York's economy before trying to take on America's.

"Wall Street profits are soaring again, but average New Yorkers are still struggling," said Dan Morris, spokesman for a group trying to raise minimum wages for some city workers. "If the mayor is as inspired by working people as he claims, he should stand up for the living wage jobs New Yorkers want and deserve."