New York City Mayor Michael Bloomberg’s view of Washington:

“They spent most of this decade running up bills with reckless abandon and when the economy started heading for the ditch, the special interest give-always got even bigger,” he said today according to prepared remarks. “They ate the seed corn without worrying about the next year’s harvest. Well, the next year is here, and the seed corn is gone. All we’ve got is a barn full of I.O.U.s.”

And his prescription for the faltering economy:

*Help people who are in danger of losing their homes stay in their homes.

*Finance infrastructure projects that cities and states can’t afford – bridges and roads and mass transit systems that need repair — and put people to work on them

*Promote manufacturing jobs by focusing on innovation

*Take the best ideas from the left and the right to reward work and raise real incomes.

*Pass a comprehensive immigration reform bill. The federal government has failed to secure the borders, but the country also must stop turning away people we need.

“The only question, once again, is whether we allow those jobs to be created here, or whether we continue sending them elsewhere,” he said.

Bloomberg spoke in Washington D.C. where he was honored by the U.S. Conference of Mayors for combatting climate change. He received the National Mayor Leadership Award.

PHOTO: Mayor Michael Bloomberg with Lance Armstrong during a trip to Texas last week. (AP Photo/Harry Cabluck)