"These endless legal challenges that define elections in New York are a joke in this country, and they are the reason why it is so expensive, or one of the reasons, it's so expensive to run here and why so many people decide not to run."

Politics

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Insight & Reflection

When Michael Bloomberg speaks about politics, it invites us to pause and reflect on our own journey. How often do we consider the subtle impacts of politics in our daily lives? This thought-provoking perspective challenges conventional wisdom and encourages a deeper understanding of ourselves.

About Michael Bloomberg

Michael Rubens Bloomberg is an American businessman and politician. He is the majority owner and co-founder of Bloomberg L.P., and was its CEO from 1981 to 2001, and again from 2014 to 2023. He served as the 109th mayor of New York City from 2002 to 2013. He was a lifelong Democrat until 2001, when he switched to the Republican Party to run for mayor, and later becoming an Independent in 2007. Bloomberg is the most recent mayor of New York City to serve as a Republican or Independent. In 2018, he rejoined the Democratic Party, after which he ran an unsuccessful campaign for the 2020 Democratic nomination for president of the United States. Bloomberg is a centibillionaire, worth $109.4 billion as of March 2026, making him the 18th richest person in the world.

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Editorial Note: This quote is curated and fact-checked by the Quotes Archive Editorial Team. Verified Literature Specialist.

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"You know, I start with the assumption that -or with, with the belief that this president has to succeed. We all have an enormous amount of capital invested in his success. His success is the country's success."

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"In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of."

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"The real goal should be reduced government spending, rather than balanced budgets achieved by ever rising tax rates to cover ever rising spending."

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"The United States and Israel have a unique relationship based on our mutual commitment to democracy, freedom, and peace. Therefore, just as our commitment to these principles must be steadfast, so must our support for Israel."

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