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Elizabeth Warren's Economic Agenda
Elizabeth Warren's Economic Agenda
1/12/2015
...Warren is well-known for her cutting analysis of how Wall Street and other wealthy special interests have, with no effective government watchdog or accountability, messed up the American economy in terms of how it works for 90%+ of the population. But she also has a clear agenda (and already a substantial track record sponsoring specific legislation addressing that agenda) for what needs to happen to rebuild and reorient the American economy toward the 90%+ that's getting screwed. In the speech at the Raising Wages Summit, and in her legislative proposals over the last two years, she laid out that agenda:
1. Raising wages and incomes for working people:
Raising the minimum wage so that no one who works full-time will live in poverty
Strengthening and enforcing labor law to make it easier for workers to organize and have bargaining power
Better overtime pay rules
Equal pay for equal work for women
2. Creating more jobs:
Making investments in roads, bridges, power grids, education, and research
Trade policies that will raise wages and create new manufacturing jobs rather than the opposite results we have seen because of trade deals like NAFTA
3. Protecting the economic health and dignity of retirement:
Protecting Social Security and Medicare, adding to Social Security benefits, and changing federal policy to better protect and encourage pensions
4. Making sure that Wall Street has less power to manipulate the economy and our political system, and that regular people have less debt:
More cops on the beat watching over the big banks so that consumers and the economy as a whole are better protected from financial speculation and fraud
Breaking up the biggest banks to lessen their market and political power
Reducing the level of student debt
5. Bringing in additional tax revenue in a fair way:
Closing corporate tax loopholes, especially those that subsidize dirty energy companies like Big Oil
Raising tax rates on the wealthiest Americans
Creating a financial transactions tax so that speculative trading is dis-incentivized
This is exactly the kind of comprehensive agenda that this country needs -- a populist economic agenda that would create more jobs, get working people significant raises, and deal with the deep structural flaws in our economic system that have developed over the last 35 years. Elizabeth Warren's plan would bring us back to the economy of the post-New Deal years, an economy that was both fairer and far more prosperous for most people....
1/12/2015
...Warren is well-known for her cutting analysis of how Wall Street and other wealthy special interests have, with no effective government watchdog or accountability, messed up the American economy in terms of how it works for 90%+ of the population. But she also has a clear agenda (and already a substantial track record sponsoring specific legislation addressing that agenda) for what needs to happen to rebuild and reorient the American economy toward the 90%+ that's getting screwed. In the speech at the Raising Wages Summit, and in her legislative proposals over the last two years, she laid out that agenda:
1. Raising wages and incomes for working people:
Raising the minimum wage so that no one who works full-time will live in poverty
Strengthening and enforcing labor law to make it easier for workers to organize and have bargaining power
Better overtime pay rules
Equal pay for equal work for women
2. Creating more jobs:
Making investments in roads, bridges, power grids, education, and research
Trade policies that will raise wages and create new manufacturing jobs rather than the opposite results we have seen because of trade deals like NAFTA
3. Protecting the economic health and dignity of retirement:
Protecting Social Security and Medicare, adding to Social Security benefits, and changing federal policy to better protect and encourage pensions
4. Making sure that Wall Street has less power to manipulate the economy and our political system, and that regular people have less debt:
More cops on the beat watching over the big banks so that consumers and the economy as a whole are better protected from financial speculation and fraud
Breaking up the biggest banks to lessen their market and political power
Reducing the level of student debt
5. Bringing in additional tax revenue in a fair way:
Closing corporate tax loopholes, especially those that subsidize dirty energy companies like Big Oil
Raising tax rates on the wealthiest Americans
Creating a financial transactions tax so that speculative trading is dis-incentivized
This is exactly the kind of comprehensive agenda that this country needs -- a populist economic agenda that would create more jobs, get working people significant raises, and deal with the deep structural flaws in our economic system that have developed over the last 35 years. Elizabeth Warren's plan would bring us back to the economy of the post-New Deal years, an economy that was both fairer and far more prosperous for most people....
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