“Now, you might say – “But why should we pay people for doing what they’re supposed to do?” It’s a fair question – but think of it this way: Every other anti-poverty program that’s been tried has failed to get the national poverty rate below 11 percent... Why shouldn’t we experiment with a program built around the one strategy that has proven time and again to work wonders – capitalism?”
Quote by Michael Bloomberg
Author
Michael Bloomberg
Michael Bloomberg, born on February 14, 1942, is an American politician and businessman. He served as the Mayor of New York City, where he focused on improving city infrastructure, promoting economic development, and enhancing the quality of life for citizens. In the business world, Bloomberg has also made significant achievements, having founded and led Bloomberg L.P., one of the world's largest financial information companies. more
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