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NYC Mayor: Wall Street Protests Trying To ‘Get Rid’ Of Jobs, Hurting Tourism - NYC - Michael Bloomberg - Business - New York - USA

NYC Mayor: Wall Street Protests Trying To ‘Get Rid’ Of Jobs, Hurting Tourism

On the 20th day of the “Occupy Wall Street” protest, Mayor Michael Bloomberg weighed in on the movement. He mostly criticized the group and said their actions are hurting the economy and tourism sector.

CBS New York | Published: 10/08/2011 05:48

On his weekly radio show, Bloomberg said long-term chaos and a prolonged money drain are bad for the city. He said he is sympathetic to some protestor complaints, but certainly not all.

“What they’re trying to do is to take the jobs away from people working in the city. They’re trying to take away the tax base we have because none of this is good for tourism,” he said. “There’s no easy solutions here.”

The mayor continued his criticism saying “if the jobs they are trying to get rid of in this city, the people that work in finance — which is a big part of our economy — go away, we’re not going to have any money to pay our municipal employees or clean the parks or anything else.”

However, he showed no inclination to put a stop to what has been going on.

“From a practical point of view, I think we want to let some of this not ‘play out’ isn’t quite the right word, but let them express themselves,” Bloomberg said.


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