Tom Golisano says Bloomberg article misrepresented his comments

Tom Golisano Tom Golisano

Updated: March 26, 2020 05:25 PM
Created: March 26, 2020 03:51 PM

ROCHESTER, N.Y. (WHEC) - Billionaire Tom Golisano says Bloomberg misrepresented his comments in a recent article.

The article, entitled "Billionaires Want People Back to Work. Employees Aren’t So Sure," opens by describing Golisano smoking a Padron cigar on the patio of his Florida home.


The article says the founder and chairman of Paychex said, "The damages of keeping the economy closed as it is could be worse than losing a few more people. I have a very large concern that if businesses keep going along the way they're going, then so many of them will have to fold."

On Thursday, Golisano released a statement on Twitter.

Golisano says Bloomberg misrepresented his comments and clarified that he doesn't want people to go back to work now, but rather when it's safe to do so.

He did reiterate that without a plan to reopen the economy quickly and safely, the damage will affect Americans' livelihoods for years to come.

Cuomo has made similar comments in press conferences, acknowledging, "I take total responsibility for shutting off the economy in terms of essential workers but, we also have to start to plan the pivot back to economic functionality, right, you can't stop the economy forever. So we have to start to think about ‘Does everyone stay out of work, should young people go back to work sooner?’"

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