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Eric Adams: “For every dollar we made that my parents made, 25 cent out…”

Featuring: Eric Adams, Democratic | Mayor of New York

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Mayor Eric Adams Makes Education- and Affordability-Related Announcement

Published | Video Starts at 19:31

Mom used to go to the corner store and she purchased something. They put it in a little black composition book and they would charge interest on it For every dollar we made that my parents made, 25 cent out of every dollar probably went to paying for being in poverty. So no, we had none at all. That affected you in your adult life. Without a doubt. As I stated, when I graduated from college, I was. My credit score was low. (19:31–19:41)

CLAIM

Asserts that 25% of his family's income went to costs associated with poverty.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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