Friday, September 16, 2011
Mayor Bloomberg predicts riots in the streets if economy doesn't create more jobs
As for Madrid, the most recent street protests were sparked by widespread unhappiness that the Spanish government was spending millions on the visit of Pope Benedict instead of dealing with widespread unemployment.
Bloomberg's unusually alarmist pronouncement came as President Obama has been pressuring reluctant Republicans to pass his proposed job creation plan.
"The damage to a generation that can't find jobs will go on for many, many years," the normally-measured mayor said.
Bloomberg gave Obama kudos for coming up with a jobs plan.
"At least he's got some ideas on the table, whether you like those or not," he said. "Now everybody's got to sit down and say we're actually gonna do something and you have to do something on both the revenue and the expense side."
And everybody's got to share in the pain.