Bloomberg lambasts economic stimulus package

Bloomberg again showed why he would be a powerful force as President by harshly criticizing the economic stimulus plan recently passed by congress and signed by the President. He notes that these type of politically popular short term fixes are impotent in the long run to stave off recession.



However, as perhaps further indication that he is probably not going to be a candidate for President in this election cycle, Bloomberg applauded Barack Obama for recently announcing a plan to invest in the nation's infrastructure, which Bloomberg called for just a few weeks ago.



Interesting that the most common sense policy that has been proposed by a candidate to date is a complete rip-off of something Bloomberg proposes. If he cannot be President, perhaps a prominent cabinet position would be in order for Mr. Bloomberg?