Michael Bloomberg is not just New York City's widely-loved Mayor, he's a potential economic adviser to the next U.S. President as well. In an open letter published in the October 25th issue of Newsweek, he wrote to the president-elect on how he should tackle the current financial crisis. Some of his key points were:
-Reforming financial institutions and its governance,
-Energizing alternative and clean energy development and construction,
-Strengthening our immigration while allowing competitiveness,
-Investing in better education programs,
-Being tough in their stance and making sure a bipartisan agreement is in place.
The only way we can get out of this recession is by investing in our economy and future. With term limits in NYC extended to three terms recently by the City Council, Bloomberg definitely has what it takes not only to continue as the city's Mayor, but perhaps also as a counsel to the next president of the United States.