The federal poverty measurement … hasn't been changed since… - 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.

Michael Bloomberg

Sources available for members. Sign up free to see where this quote comes from

English

Collect this quote

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 • Mike Bloomberg • Mike R. Bloomberg

All quotes from Michael Bloomberg Similar Quotes by other Originators

Originators like Michael Bloomberg:

Ronald Reagan Bill Clinton Hillary Clinton Joe Biden Barack Obama

Additional quotes by Michael Bloomberg

What you've got to do is be honest. Say what you believe. Give it to them straight. Just don't wuss out.

Leading from the front: It's what built America. But these days, the federal government isn't at the front – it's cowering in the back corner of the room, ducking responsibility and hoping no one notices.

Nobody's going to elect me president of the United States.

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

About Michael Bloomberg

Also Known As

Advanced Search Filters

Additional quotes by Michael Bloomberg

Try QuoteGPT