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Eric Adams: “We basically profitize poverty.”

Featuring: Eric Adams, Democratic | Mayor of New York

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Interview with Mayor Eric Adams on New York City Challenges and Personal Indictment

Published | Video Starts at 21:42

The program is called Fair Futures here, but it is an investment. And what we have failed to do is identify how to invest in the future. Not giveaways, but investment. And We basically profitize poverty. You know, when you wait until that child that we didn't invest in, we pull them out of the stream downstream, then there's so much money that's being generated and made off of properties and poverty. (21:42–21:45)

CLAIM

Asserts that poverty is being monetized for profit.

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