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The federal poverty measurement … hasn't been changed since it was first introduced in 1964. … [T]he formula [doesn't] indicate that we've made any g… - Michael Bloomberg
" "The federal poverty measurement … hasn't been changed since it was first introduced in 1964. … [T]he formula [doesn't] indicate that we've made any gains in fighting poverty. … [Yet] we have made real progress in fighting poverty and raising living standards since the 70s. … The poverty formula … is bankrupt.
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About Michael Bloomberg
Michael Bloomberg (born 14 February 1942) was elected Mayor of New York City in 2001. He ran for re-election in 2005 and won a second term. He was frequently mentioned as a possible independent candidate in the 2008 Presidential Election, but did not run.
Also Known As
Native Name:
Michael Rubens Bloomberg
Alternative Names:
Michael R. Bloomberg
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Mike Bloomberg
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Mike R. Bloomberg
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Additional quotes by Michael Bloomberg
There will be ups, there will be downs, there will be sideways. I can just tell you I have been hired, I have been fired, I have been lauded, I have been vilified. I've said some of the most brilliant things that just by accident appeared on my tongue, and I’ve said some of the dumbest things that you could imagine. But each day - even the day that I knew I was going to be fired - I looked forward to because I've always believed that tomorrow was going to be the best day of my life.
I know that many Irish-born New Yorkers are caught in the trap of our federal immigration policies. If we are going to continue to attract the best and the brightest - and Ireland has more than its fair share - we need to inject some common sense into our immigration laws, and I'm doing my best to make that case in Washington.
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