at a forum with International Monetary Fund managing director Christine Lagarde, the former New York City mayor was asked about the future of job creation with the emergence of artificial intelligence.
In a lengthy answer, Bloomberg said encouraging the movement of money away from the wealthiest people would slow economic growth. "I think income inequality is a very big problem. But the bigger problem is, you can take money from the rich and move it over to the poor. If you do it too much then the rich stop producing and everybody loses," the billionaire media executive said.
Bloomberg also said that increased taxes on the rich and raising the minimum wage were barriers to job growth. The Daily Beast
why MikeBloomberg trying 2 get SenWarren outta the race because he can't afford her 2 cent tax outta his $65 billion 2 help the NEEDY or maybe they pay 4 these wars on a credit card?
He is correct
NeverBloomberg NeverBloomberg NeverBloomberg NeverBloomberg NeverBloomberg NeverBloomberg
Why he chose democrat and not the republican party? A mystery.
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