The New York billionaire who wants to be president hits town today, and he's taking dead aim at the New York billionaire who already is president.
Scheduled to make an appearance at Olive-Harvey to make his pitch on why he would do better creating jobs and prosperity than incumbent Donald Trump is former New York City Mayor Michael Bloomberg, who entered the race for the Democratic nomination rather late but is trying hard to catch up fast.
Bloomberg also is due to get together in an unidentified location downtown to meet with Chicago Mayor Lori Lightfoot. But I'm told not to put too much emphasis on that, as Lightfoot has been sitting down to chat with each of the major candidates as they cycle through Chicago.
Bloomberg's Chicago visit coincides with the release of his "all-in economy agenda"—something the former mayor and business news service entrepreneur said is necessary because Trump’s tax-cuts have produced fewer new jobs than expected and raised average pay just 1.4 percent a year, barely above the 1 percent annual hike it had been.
"For me, creating good jobs is something I don't just talk about," Bloomberg said in a short conference call with reporters yesterday. "We need a president who can pull us both together—both sides of the aisle—to create the change we need."
Among those needed changes, he said, are expanding the earned income tax credit, hiking the minimum wage nationally to $15 a year, mandating paid family leave and giving workers in the so-called "gig economy" collective bargaining rights.
The plan also included a strong emphasis on job training, especially for those already in the workforce, with the goal of having 1 million people in apprenticeship programs within a few years. And he wants to quadruple spending on clean-energy research and push expanded broadband internet offerings for rural families.
At Olive-Harvey, the candidate is expected to focus on job training. It should be interesting to see who shows up—including (or not) U.S. Rep Robin Kelly of Matteson, who had plenty of financial help from Bloomberg when she first ran.
Bloomberg has filed papers to compete in the March Democratic primary here, but got in the contest too late to assemble convention delegate slates. According to the state party, some delegates still will have to vote for him on the first ballot even if they're affiliated with another candidate's campaign, depending on how big a share of the vote he obtains. But they'll be free to defect on other matters, such as rules fights.
"jobs" - Google News
January 08, 2020 at 05:30PM
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Mike Bloomberg to hit Chicago as he releases his jobs plan - Crain's Chicago Business
"jobs" - Google News
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