Bloomberg To Focus On Jobs In State Of The City Address

Before Bush gets his airtime, Mayor Bloomberg will have his moment to talk about the State of the City and what he plans on doing to help us in this time of economic calamity. The leaked information so far is that the Mayor will emphasize job creation and revised tax codes so that businesses will get moving. Lots and lots of jobs in fact.

From The NY Times:

Mayor Michael R. Bloomberg plans to announce an ambitious effort to create 400,000 new jobs over the next six years in his State of the City address on Thursday, according to people who have been briefed on the plans.

Mr. Bloomberg also plans to recommend revisions to the city tax code to help businesses — changes that the people briefed on the plans said would not add to the city’s deficit, which is estimated to reach $4.3 billion in the next fiscal year.[..]

Mr. Bloomberg’s job-creation plan will focus on small businesses, capital investment projects and so-called green-collar jobs. He will also propose to eliminate or reduce a tax on about 17,000 of the unincorporated businesses in the city. To make up for that projected loss in revenue, he plans to close tax loopholes.

I can't argue with green jobs, those are key to the future of our economy, both here in New York City and across the nation. Though like any State of the _____ address, big bold ideas are the norm and the implementation aspects are a bit more sketchy. Of course we'll have to wait until we actually hear it, but Bloomberg hasn't been that impressive in the last eight years of managing our city's money (unless you own a piece of Yankee Stadium) and I don't have my hopes up for his future plans either.