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China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.
Michael Bloomberg
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Michael Bloomberg
Age: 82
Born: 1942
Born: February 14
Actor
Aircraft Pilot
Bank Manager
Businessperson
Former Mayor Of New York City
Politician
Trader
Writer
Boston
Massachusetts
Michael Rubens Bloomberg
Michael R. Bloomberg
Mike Bloomberg
China
Labor
Eastern
Europe
Factories
Cost
Markets
Costs
Lower
Closer
Investing
More quotes by Michael Bloomberg
Today, you're a piranha if you are seen having coffee with somebody from the other party in many cases.
Michael Bloomberg
Central planning didn't work for Stalin or Mao, and it won't work for an entrepreneur either.
Michael Bloomberg
You are safer here tonight than you would be on the streets of any other city in the world.
Michael Bloomberg
You've got to give people a fair chance of saying what they believe, and then you've got to decide, Do you believe 'em?
Michael Bloomberg
If Warren Buffett made his money from ordinary income rather than capital gains, his tax rate would be a lot higher than his secretary's. In fact a very small percentage of people in this country pay a big chunk of the taxes.
Michael Bloomberg
Politicians generally respond to who is going to help them get elected and re-elected.
Michael Bloomberg
Millions of Americans have contributed to building a stronger Israel I've been proud to be one of them. Last year, I went to Jerusalem to help dedicate in my father's name a new MDA medical facility which treats people of all faiths and all nationalities absolutely equally.
Michael Bloomberg
In business, when you fail at something, when something doesn't work, you say okay, we've learned that that's not a path to go down.
Michael Bloomberg
People use so much more health care when they live longer.
Michael Bloomberg
Neither party has God on its side, a monopoly on good ideas, or a lock on any single fiscal, social, or moral philosophy.
Michael Bloomberg
I was a Democrat before I was a Republican before I became an independent and I never changed my principles.
Michael Bloomberg
We will rebuild, renew and remain the capital of the free world.
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 don't believe that government is good at picking technology, particularly technology that is changing. By the time you get it done and go through democracy, it's so outdated.
Michael Bloomberg
There is no business in America that would be prevented from taking results into account when making personnel decisions.
Michael Bloomberg
I know that many Irish-born New Yorkers are caught in the trap of our federal immigration policies. If we are going to continue to attract the best and the brightest - and Ireland has more than its fair share - we need to inject some common sense into our immigration laws, and I'm doing my best to make that case in Washington.
Michael Bloomberg
I don't know why you should be proud of something. It doesn't make you any better or worse. You are what you are.
Michael Bloomberg
Whatever you may think of the proposed mosque and community center, lost in the heat of the debate has been a basic question: Should government attempt to deny private citizens the right to build a house of worship on private property based on their particular religion?
Michael Bloomberg
If I remember, Russia, 20 or 30 years ago, you'd get shot trying to leave. Today, Russian tourists are all over the world. You have Russian oligarchs with big yachts all over the world.
Michael Bloomberg
Leading from the front: It's what built America. But these days, the federal government isn't at the front - it's cowering in the back corner of the room, ducking responsibility and hoping no one notices.
Michael Bloomberg
