New York City mayor Mike Bloomberg, in a radio interview on Friday, warned that high unemployment could lead to widespread rioting...... Thatís right..... He actually said that.
At a time when European cities have suffered massively from hooliganism, and at a time when U.S. towns like Philadelphia and Kansas City have suffered huge human and commercial tolls from so-called flash riots.
For Bloomberg to come out with this statement is irresponsible and incendiary. But you know what? Heís got a personal agenda. This is a desperate talking point to sell Obamaís jobs plan, which Bloomberg favors as a solution to high unemployment and zero growth.
Thereís a whole history here of liberals threatening riots if they donít get their way. WABC radio host Mark Simone reminded me that back in 1994, Matilda Cuomo warned there would be race riots in New York if her husband Mario werenít reelected governor in his race against George Pataki.
So now the liberal Mike Bloomberg is trying to go to bat for his pal Obama. And heís doing so in a very clumsy and inappropriate way.
In fact, Bloomberg is pitching for the whole Obama jobs package -- the $450 billion stimulus plan and the $470 billion tax hike.......... The package is totally unpopular. A recent Bloomberg poll (how ironic) showed that voters disapprove of more Obama stimulus by 51 to 40 percent, and that 56 percent of independents oppose it........... Other polls show that more than 60 percent of Americans disapprove of Obamaís handling of the economy.
Memories are long. The $800 billion stimulus package nearly three years ago didnít work. So why do it again? Large dollops of government spending combined with temporary tax cuts do not promote investment or entrepreneurship, which are the true job-creators. Tax-rate incentives must be permanent in order to grow the economy. Digging holes for infrastructure may be necessary, but itís no job-creator for the private sector...............SNIP
Yeah, I'm sure the hippies taking over Wall Street today will classified as a Riot. :D
Talk like that is scary, but we are, after all, living with an entire population of young people who feel that the government's purpose is to feed them. And their appetite is huge.
They may, indeed, riot.
I have long thought that younger people, people younger than myself and those of us on the agewise shirt tail of the Vietnam war peace demonstrations etc... have felt a sort of generational "great cause envy". They have tried to feel relevant with environmental demonstrations, perhaps animal rights, and a handful of niche political causes... but nothing as unifying and powerful as the image of the Mall and university campuses swamped with people involved in the civil rights movement or Flower Power.
Maybe this will be their cause, and hopefully the music will improve in the process.
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