In a Wall Street Journal op-ed piece and in an interview on CBS This Morning today, Mayor Michael Bloomberg argued President Barack Obama’s economic proposals — as well as those espoused by Republican presidential candidates — are fundamentally unrealistic.

“Over the past year, as the candidates jockeying for the Republican nomination raced to the right, the Obama campaign has sought to re-energize its base by tacking left,” Mr. Bloomberg wrote. “The president not only embraced the frustration expressed by Occupy Wall Street protesters—which was real—but he adopted their economic populism.” Read More