Bloomberg: Fed, state leaders lag on creating jobs

Mayor Michael Bloomberg delivered a campaign-style speech in Brooklyn on Wednesday. (Dec. 6, 2010) Credit: Getty Images
New York Mayor Michael Bloomberg lashed out at the White House, Congress and state leaders on Wednesday for what he called failed attempts to create jobs, accusing both parties of being too distracted by partisan politics to address unemployment.
The billionaire mayor, who has been mentioned as a long-shot presidential candidate but has repeatedly said he doesn’t plan to run in 2012, delivered a campaign-style speech in Brooklyn. He spent half his time reiterating familiar complaints about partisan gridlock and the other half outlining vague ideas to get more Americans working.
Bloomberg, who has been a member of both parties and is now unregistered, also carefully burnished his bipartisan credentials — equally praising and criticizing the beliefs and approaches of Democrats and Republicans.
He blamed both parties for unfairly vilifying the concept of success and for too quickly dismissing the idea of cooperating within government and across party lines.
“When it comes to creating jobs, government hasn’t gotten the job done,” he said. “Washington and Albany are not working, and as a result, too many Americans are out of work, out of savings and out of patience.” Bloomberg singled out several areas for improvement, but the concepts were vague — like fixing immigration and promoting trade more effectively.
He also said business taxes should be cut as a way to keep corporations from moving overseas. He offered no way to pay for the difference.
He is also helping to launch No Labels, a group that advocates for partisanship-free politics in American government. He is scheduled to appear Sunday on NBC’s “Meet the Press.” Bloomberg explored a presidential run in 2008, and his supporters enjoy reaping the benefits of renewed attention about lingering White House aspirations.
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