As part of a larger initiative aimed at spurring job growth and small business development in New York City, Mayor Michael Bloomberg outlined six keys steps toward improving the economy in the Big Apple and abroad.
As an Independent, Bloomberg lambasted ideologues on the left and right, asserting that "government cannot tax and spend its way back to prosperity," nor should it "stand aside and wait for the business cycle to run its natural course."
Instead, Bloomberg argued that a centrist doctrine of fiscal responsibility and smarter government programs - a policy Bloomberg argues has contributed to the addition of 55,000 private sector jobs in New York since last October - is what the country needs.
"For New York City to continue our growth, we need our federal and state governments to chart a middle way - between a government that would wash its hands of the problem and one that seeks to supplant the private sector; between a government that would stand on the sidelines and one that would take over the game," the mayor said in a speech Tuesday.
He also highlighted six key steps toward economic recovery and job creation: instill confidence, promote trade, reform regulation, cut business taxes, invest in job training and fix immigration.
Tags : financial management, ny, operations, small business management
Posted: Dec 9th, 2010