Bloomberg, experts warn of riots
[REPRINT]By Brendan Lynch
New York City Mayor Michael Bloomberg warned yesterday if the national jobs crisis doesn’t end soon, the United States would see riots in the streets.
“We have a lot of kids graduating college, can’t find jobs,” Bloomberg said on his radio show. “That’s what happened in Cairo. That’s what happened in Madrid. You don’t want those kinds of riots here.”
Thomas Kochan, a professor at MIT’s Sloan School of Management, agreed with Bloomberg’s assessment.
“There’s so much frustration at the lack of jobs,” Kochan said. “I’m surprised there aren’t more visible signs of anger already. The American public is very tolerant and not prone toward civil unrest, but we’re living on borrowed time with this economy.”
“We have a lot of kids graduating college, can’t find jobs,” Bloomberg said on his radio show. “That’s what happened in Cairo. That’s what happened in Madrid. You don’t want those kinds of riots here.”
Thomas Kochan, a professor at MIT’s Sloan School of Management, agreed with Bloomberg’s assessment.
