ISSUE

A STRONGER
ECONOMY

THE PROBLEM

Continued strong job growth is the key to individual and national economic success, but we need to reverse the trend of the last 40 years that has seen Americans work harder and harder with no real wage increases. Although productivity has doubled since the 1970s, the average American worker earns about the same amount of money, adjusted for inflation. American workers must receive a greater portion of the increased profits they have produced.

A whole new generation is crippled by student loan debt with tuition far surpassing the rates of inflation year after year. Young people are saving and scrapping rather than consuming and putting money back into the economy. It’s time our country has an honest conversation about our priorities as a nation. We need policy that empowers people to seek higher education and delivers on good paying jobs after graduation. 

WHAT WE CAN DO

The first step in building an economy that works for everyone is educating voters on the consequences of leaving American workers behind. Giant multinational corporations would have us believe that no action needs to be taken, spending millions on marketing and lobbying campaigns to gloss over minimum wage, labor unions and investments in education.

Voters need to know the facts. Supporting livable wages means that currently employed people will not only be able to improve their quality of life, but themselves create additional jobs through greater consumer spending. Strengthening our labor unions creates more good-paying jobs that, in turn, strengthen families and jumpstart a stronger economy. Investing in education builds a new generation of innovation and jobs in brand new industries.

We need to work to rebalance the conversation on workers’ rights in America. The means talking with voters and supporting policies that will lead to stronger labor unions and increasing support for the government agencies tasked with protecting workers: the Occupational Safety and Health Administration, the Equal Employment Opportunity Commission, and the National Labor Relations Board. It’s time we hold those accountable and fight for a livable wage for all and bringing back more jobs here at home and cultivating an economy that works for everyone, not just the 1%.

CLASS DIVIDED

THE TOP 1% CONTROL THE U.S. WEALTH

The wealthiest one percent of Americans control about 40 percent of the country’s wealth, while the poorest 90 percent hold just 23 percent. [1]

EARNING LESS

First generation to earn less money

The generation that began in the 1980s will be the first in over 100 years to earn less money and have a lower quality of life than the previous generation. [2]

MINIMUM WAGE

MINIMUM $7.25 for over a decade

The federal minimum wage, $7.25 per hour, has not been raised in over a decade. If it had kept pace with inflation, the minimum wage would be $19.33 today. [3]

STUDENT LOANS

STUDENT LOAN DEBT SURPASSES CREDIT

Total U.S. student loan debt has surpassed both credit card debt and auto loan debt averaging at about $37,172 per student and over $1.5 trillion in total.  [4]

[1] https://www.federalreserve.gov/publications/files/scf17.pdf [2] https://www.washingtonpost.com/news/wonk/wp/2016/12/08/american-dream-collapsing-for-young-americans-study-says-finding-plunging-odds-that-children-earn-more-than-their-parents/?utm_term=.fd4bfff95d05 [3] United States Department of Labor, https://www.dol.gov/general/topic/wages/minimumwage. Retrieved November 20, 2017 [4] https://www.nitrocollege.com/research/average-student-loan-debt#rising-cost

LOOK UP WHO REPRESENTS YOU IN CONGRESS

AN ECONOMY THAT WORKS FOR ALL

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