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Warren Warns of Economic Trouble Without 'Bold Structural Change'
Massachusetts Sen. Elizabeth Warren drew a stark ideological contrast between herself and political rivals on Thursday in a speech on her economic plans at the New Hampshire Institute of Politics.
Warrens visit came a day after a WBUR poll showed her losing ground in New Hampshire to former Vice President Joe Biden and South Bend, Ind., Mayor Pete Buttigieg, whose health care and economic proposals Warren said would not accomplish the structural change she says is needed to rebuild the middle class.
Citing statistics on slow economic growth and lagging productivity, Warren warned voters that the United States economy is in trouble. Families are struggling. After accounting for inflation, average wages have barely budged for decades, she said. Meanwhile, the core costs that most families face - housing, child care, education, health care - have shot through the roof.
Thomas Patrowski, a 38 year-old voter who attended the event, said those costs were making it hard for him and his wife to put any of their paycheck towards savings. Ive been told my whole life the economys great and the economys doing really doing well, he said. Then you take a look at it and youre like: Its really not. If its doing well, I wouldnt be having the issues Im having. My friends wouldnt be going into bankruptcy in their 30s.
Warren promised that her arsenal of plans, which range from boosting green manufacturing to forgiving student loan debt to breaking up big tech, will produce more jobs, more growth, more investment, higher wages, and stronger American companies that can compete and win.
More at https://www.nhpr.org/post/warren-warns-economic-trouble-without-bold-structural-change#stream/0
Warrens visit came a day after a WBUR poll showed her losing ground in New Hampshire to former Vice President Joe Biden and South Bend, Ind., Mayor Pete Buttigieg, whose health care and economic proposals Warren said would not accomplish the structural change she says is needed to rebuild the middle class.
Citing statistics on slow economic growth and lagging productivity, Warren warned voters that the United States economy is in trouble. Families are struggling. After accounting for inflation, average wages have barely budged for decades, she said. Meanwhile, the core costs that most families face - housing, child care, education, health care - have shot through the roof.
Thomas Patrowski, a 38 year-old voter who attended the event, said those costs were making it hard for him and his wife to put any of their paycheck towards savings. Ive been told my whole life the economys great and the economys doing really doing well, he said. Then you take a look at it and youre like: Its really not. If its doing well, I wouldnt be having the issues Im having. My friends wouldnt be going into bankruptcy in their 30s.
Warren promised that her arsenal of plans, which range from boosting green manufacturing to forgiving student loan debt to breaking up big tech, will produce more jobs, more growth, more investment, higher wages, and stronger American companies that can compete and win.
More at https://www.nhpr.org/post/warren-warns-economic-trouble-without-bold-structural-change#stream/0
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primary today, I would vote for: Undecided
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Warren Warns of Economic Trouble Without 'Bold Structural Change' (Original Post)
BeyondGeography
Dec 2019
OP
BeckyDem
(8,361 posts)1. I am so excited for our country.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden
BeyondGeography
(39,375 posts)2. She's taking on the ghost of Reagan
Someone has to, at long last:
If I were to vote in a presidential
primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
BeckyDem
(8,361 posts)3. Exactly, the mess has been cultivated over decades.
Reagan was a nightmare, I remember it.
If I were to vote in a presidential
primary today, I would vote for: Joe Biden
primary today, I would vote for: Joe Biden