From Bloomberg's 2002 inaugural speech:
Rebuilding our city and restoring our infrastructure, continuing the fight against crime and reforming our schools will not be easy in the current economic climate. It will require tough decisions and hard choices by all of us, in government, the nonprofit sector, business and labor. I will be asking all parts of my city government to do more with less. I will ask for their help, and I will seek their advice. But the facts are clear: We will not be able to afford all that we want. We will not even be able to afford everything we currently have.
And since leadership means setting an example, and in my book the search for efficiency always begins at the top, I pledge to reduce staffing in the office of the mayor by 20 percent, and I hereby challenge the controller, public advocate, borough presidents and the city council to do the same. We cannot ask of others what we are not willing to do ourselves.
I will do my part to balance the budget, as I am sure every city employee will do in turn. Let me say once more, though, we cannot repeat the mistakes of the past. We cannot drive people and business out of New York. We cannot raise taxes. We will find another way. And even though we must sacrifice now, let us not forget we are still a city of big dreams, of big ideas, big projects and a big heart. We must plan and develop for the long term. We can never abandon our future. We will bring new life to our waterfront and stimulate new investment in housing, schools, and when we can afford them, the world's best cultural and athletic facilities. These, along with our parks and transportation infrastructure in all five boroughs, cannot be ignored. We will plan now and build as funds become available. We will emerge from short-term pain to long-term gain.