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Blankfein Joins Socialism Debate, Casts Shade at Public Agencies

Blankfein Joins Socialism Debate, Casts Shade at Public Agencies

(Bloomberg) -- Lloyd Blankfein, who on Friday offered up his opinion about state tax rates, threw shade at both the U.S. Department of Veterans Affairs and the New York City Housing Authority when he took to Twitter again on Monday to comment on another contentious topic -- socialism.

The former Goldman Sachs CEO said the debate about the political ideology isn’t just about wealth redistribution but also about the role of government in the economy.

The son of a postal worker and a receptionist, Blankfein has a net worth of $1.3 billion, according to the Bloomberg Billionaire’s Index.

Read More: Blankfein Has Some Tax Advice After Icahn Plots Move to Miami

To contact the reporter on this story: Nathan Crooks in Miami at ncrooks@bloomberg.net

To contact the editor responsible for this story: Sebastian Tong at stong41@bloomberg.net

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