“You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.”
Quote by Michael Bloomberg

Michael BloombergMichael 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