Thursday, January 8, 2015

Elizabeth Warren: 8 ways to restore the middle class.

http://money.cnn.com/2015/01/07/news/economy/elizabeth-warren-middle-class/index.html?sr=fbmoney010715warren0130story

Here's what Warren says should be done about it:

  • Raising the minimum wage so no one should work full-time and still live in poverty
  • Supporting the right for workers to bargain together
  • Enforcing labor laws so workers get overtime pay and pensions that are fully funded
  • Giving equal pay for equal work
  • Protecting Social Security, Medicare and pensions
  • Investing in roads, bridges, power grids, education and research to create good jobs in the short run and help build new opportunities over the long run
  • Making sure all Americans and corporations pay a fair share to build a future for all
  • Having trade policies and tax codes to strengthen the American economy, raise living standards and create jobs
Many of these efforts are already championed by President Obama and congressional Democrats. However, gridlock has prevailed on Capitol Hill in recent years. It's not likely to change even though Republicans captured both houses in November.
Related: AFL-CIO president trumpets Warren, calls for Dems to pick sides on labor issues in 2016

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