Michael Bloomberg Eviscerates Donald Trump, Calls Him ‘Risky, Reckless’

Business mogul Michael Bloomberg eviscerated fellow New York City billionaire Donald Trump on Wednesday night, saying “I’m a New Yorker, and New Yorkers know a con when we see one.”

“I understand the appeal of a businessman president. But Trump’s business plan is a disaster in the making. He would make it harder for small businesses to compete, do great damage to our economy, [and] threaten the retirement savings of millions of Americans,” the former New York City mayor said in a speech at the Democratic National Convention. “Trump is a risky, reckless, and radical choice. And we can’t afford to make that choice.”

“Most of us who have created a business know that we’re only as good as the way our employees, clients, and partners view us. Most of us don’t pretend that we’re smart enough to make every big decision by ourselves. And most of us who have our names on the door know that we are only as good as our word, but not Donald Trump,” said Bloomberg, who emphasized he’s an independent, as the crowd cheered throughout his speech.

CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.