New York City Mayor, and self proclaimed “not a candidate” for President came out swinging against the recently passed economic stimulus legislation today, saying that the $600-$12oo rebate checks to be paid to American taxpayers as part of the stimulus is “like giving a drink to an alcoholic”
“Nobody wants to sit there and say, ‘Well there’s no easy solution,”‘ Bloomberg said. “They want to send out a check to everybody to stimulate the economy. I suppose it won’t hurt the economy but it’s in many senses like giving a drink to an alcoholic.”
He also noted that the US “has a balance sheet that’s starting to look more and more like a third-world country” but added that his comments were just part of an “experiment” in trying to shape the debate for this year’s election. Experiment eh?