Mike “Billions” Bloomberg likens living wage to communism
Pharoah Bloomberg: Paying Workers Enough to Live Is ‘Communism’
By Sarah Jaffe, AlterNet
Posted on May 18, 2012, Printed on May 19, 2012
To a few hundred New York workers laboring for $8 or $9 an hour, a living wage bill recently passed by the city council means a raise, a few dollars more a week to help feed their families.
To billionaire mayor Michael Bloomberg, it’s a wedge to open the door to communism. That’s right — the mayor told a local radio program that requiring businesses that get taxpayer subsidies to pay their workers a little bit more is just like a centrally planned economy. “The last time we really had a big managed economy was the USSR, and that didn’t work out so well,” Bloomberg said.
Bloomberg is just fine with handing over millions of New Yorkers’ dollars in taxpayer subsidies to companies that threaten to flee the city — no complaints about “free market” capitalism when it’s wealthy real estate developers getting the dough. Requiring those businesses that are happily slurping at the public trough to pay their workers a dollar or two more an hour, though, is just opening the door to Stalin.