Clinton's Big Economic Speech Will Go Heavy On Middle Class Wages

[applegrove]

Clinton's Big Economic Speech Will Go Heavy On Middle Class Wages

by Sam Stein at the Huffington Post

http://www.huffingtonpost.com/2015/07/11/clinton-economic-speech_n_7776036.html?utm_hp_ref=politics

"SNIP..............


Her policy suggestions are meant to supplement that proposition. According to the campaign, Clinton will offer a three-pronged vision that her aides say is designed to raise wages and protect workers.

•She will call for greater public and private investments in infrastructure, clean energy and medical research; tax breaks for small businesses and policies to encourage workforce participation, especially among women, including paid leave and paid sick days, better child care services and access to education.

•She will argue for greater wage equality, including a raising of the minimum wage, hikes on the wealthy (or, in campaign parlance: “making sure the wealthiest pay their fair share”) and company profit-sharing for employees.

•And she will encourage a rethinking of business strategy, away from what an aide called “quarterly capitalism” and more towards long-term sustainability.




.............SNIP"

[orpupilofnature57]

1. <>

[applegrove]

2. I don't know what that means.

[Scootaloo]

3. I really wish politicians would stop acting like the middle class is the perpetual default

It's not just Clinton. it's a memetic infection across all politicians, all parties, as far as I've seen.

The middle class has been shrinking steadily foe two decades, and it's not due to upward mobility. We've been regressing steadily, and the target audience for these "middle class benefits" has been steadily shrinking (and their median wealth steadily growing, since it's the bottom falling out of the middle class, not the top.)

it's time to address the have-nots, ladies and gentlemen in Washington.

[Avalux]

6. Young people don't even know what the middles class is.

The middle class is associated with the post WWII boom, where Dad went to work, Mom stayed home and took care of the kids. They owned their own home and a car in their early 20s.

We have been drifting away from that ideal ever since it was created, and now it's finally irrelevant. Time to quit categorizing people and help everyone who needs it.

[JaneyVee]

4. Good stuff. KNR.

[Avalux]

5. Will she raise taxes on those currently getting a free ride.

Until she states that, actually takes a stand on it, all of this is just parlor talk.