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De Blasio: ‘There Is Plenty of Money…in This Country, but, it’s in the Wrong Hands’

By Craig Bannister | February 19, 2019 | 10:14am EST
New York City Mayor Bill de Blasio (D) (Screenshot)

“I say, there is plenty of money in this world, plenty of money in this country. But it's in the wrong hands,” New York City Mayor Bill de Blasio (D) declared on Sunday.

Appearing on NBC’s “Meet the Press,” de Blasio claimed that Amazon’s decision not to open a corporate headquarters in New York City is proof that wealth is in the hands of the wrong people:

“Let's be clear: No one chased away. This was Amazon's arbitrary decision. We had an agreement. If I made an agreement with you, and there were issues that came up, but we had an agreement, you wouldn't call me in the dead of night and say, 'Hey, we're taking our marbles, and we're going home.' Let's be clear about who made this decision. And this is the problem.

“When you have so much wealth and power in the hands of very few, it does not work for working people. I say, there is plenty of money in this world, plenty of money in this country, but it's in the wrong hands. And Amazon is making my point for me. What they did was arbitrary and unfair to working people."

Mayor de Blasio also argued that progressive policies can both redistribute wealth and stimulate economic growth:

“I think the challenge is to show we can do both, and in New York City we are doing both. We have 4.5 million jobs; we’re raising wages; raising benefits, giving people universal health care. We’re proving that progressives can achieve those things.”

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