A Quote by Michael Bloomberg

I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's going to have to find a way to get on the agenda. — © Michael Bloomberg
I think we are not serious about attacking the long-term debt problem, and that's one of the things that he's going to have to find a way to get on the agenda.
Let's adopt some short-term strategies to get growth going and then let's have a long-term debt reduction package. That's what I think we should do and I think it will work.
All the central banks are doing is substituting one form of debt with another form of debt. They're issuing short term debt and using it to buy long term debt. In finance, we tend to think that's a neutral activity, even though those stimulus programs are huge.
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
Yes, it is long past time we get serious about tackling the nation's ever-growing deficits. But the average American family drawn into serious debt cannot just threaten to stiff its creditors. It must cut its spending in the future, but also take responsibility for the debt incurred in the past.
Business is all about learning to balance the short-term, medium-term and long-term and I think it's when things are going well it covers up a lot of mistakes and bad decisions because you're growing so quickly.
No amount of debt restructuring, even debt forgiveness, will help the Greeks achieve real prosperity. What they need is not short-term relief but, rather, a long-term cure.
My hope is that we're going to be more strategic and focused as we look for a way to address the long-term deficit and debt issues that are affecting this nation.
I'd say Jon Stewart has remained funny the entire time. Jon always makes it funny first. And he's just, he's talking about serious things, but in a funny way. Other comedians will talk about serious things in a serious way, and then you don't know what's going on.
The idea of solving as huge and long-term a problem as inequality - which, for my money, is the biggest single problem we have here at home - just never gets serious concern from both sides.
I think if I was ever really going to be more serious about writing I'd have to try and find some way to do it with other people. I do find the silence kind of eerie.
I think everybody who really wants to change things has to allow themselves to be angry in a constructive way, and you have to fully understand the thing you're trying to change. We really need to get serious about this now; there needs to be real, effective programs. I think there needs to be a little bit more strategy involved and a little more realism, to be pragmatic and realistic, looking at the way we as women contribute to the problem. Once the second half of the population stops doing it, it's going to end.
Back in 2008, candidate Obama called a $10 trillion national debt 'unpatriotic' - serious talk from what looked to be a serious reformer. Yet by his own decisions, President Obama has added more debt than any other president before him, and more than all the troubled governments of Europe combined. One president, one term, $5 trillion in new debt.
But obviously, we're looking for all good ideas to help deal with our long-term debt problem. This is something that is going to affect our economy. It affects our kids. And we need to deal with it.
I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.
I don't think that you can invent on behalf of customers unless you're willing to think long-term, because a lot of invention doesn't work. If you're going to invent, it means you're going to experiment, and if you're going to experiment, you're going to fail, and if you're going to fail, you have to think long term.
I'm just absolutely convinced we have to educate our way to a better economy. That's the only way we're going to get there. This is the best long-term investment we can make. And so I think it's my job to be the truth-teller.
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