Bloomberg Not A Fan Of Obamanomics

New York City Mayor Michael Bloomberg has signaled that he is not yet caving in to the growing tax-the-wealthy choruses of city council and labor unions. Speaking during his weekly WOR radio address, Mayor Bloomberg said that tax the rich schemes ultimately backfire from their intended purpose. “We can tax the rich,” Bloomberg said, “except that, if you haven’t looked at the stock market lately, they aren’t making any money.” The mayor used his address to make the case that the wealthy are the ones who keep the gears of commerce turning, producing jobs and generating sales tax revenues for the city. “We want the rich people from around the country to move here,” Bloomberg said. “We love rich people.”

Union officials were unmoved. One labor activist accused Bloomberg of being “tone deaf,” while Union Federation of Teachers President Randi Weingarten said the issue was one of “fairness”. “The people who are still doing well should help the people who are not doing well – ultimately, that’s fundamental fairness.”

One person’s fundamental fairness is another’s socialism.

If you look at the linked article, check out the part where it reports that thousands of union workers rallied outside City Hall on Thursday to demand higher taxes on the wealthy to prevent cuts in government services. The drumbeats of class war are getting louder…