Economy
We need an economy that works for everyone. Currently, it is the working class that is driving our economy. However, they are not the ones benefiting from the fruits of their labor. Our current system is designed to reward companies who lay off employees, cut benefits, and move overseas. We need a people-based economy that recognizes that the stronger our working class is, the stronger our country is.
What is a "People-Based Economy"?
A "People-Based" economy, in terms of governmental policy, means that policies are designed not to benefit companies, but rather to benefit the workers of the companies.
As an elected representative, it would not my job to ask "What is best for Amazon?" It would be my responsibility to ask "What is best for Amazon's 1.1 million American workers?" It is the workers that I represent, not the company. Trust me, they have enough lobbyists to represent them, they don't need me to do their bidding. Jeff Bezos' welfare and his voice is just as important as the welfare and voice of an Amazon warehouse worker.
Currently, the government rewards companies that are reckless and treat their employees poorly. The 2008 recession is a key example- there were numerous banks and firms that engaged in risky and deceptive investments, all for a short-term gain. The result? They crashed the economy. What did the government do? Did they bail out the American borrowers that where hurt? No, they bailed out the companies who caused the crash. On top of that, the companies used their bailout money to give bonuses to their CEO's to "retain the talent". All the while leaving the average American in the dust.
When the economy struggles, we need to assist the average American, not the massive corporations who typically keep all of the gains for themselves.
The Failed Promises of Supply-Side Economics
A "People-Based" economy, in terms of governmental policy, means that policies are designed not to benefit companies, but rather to benefit the workers of the companies.
As an elected representative, it would not my job to ask "What is best for Amazon?" It would be my responsibility to ask "What is best for Amazon's 1.1 million American workers?" It is the workers that I represent, not the company. Trust me, they have enough lobbyists to represent them, they don't need me to do their bidding. Jeff Bezos' welfare and his voice is just as important as the welfare and voice of an Amazon warehouse worker.
Currently, the government rewards companies that are reckless and treat their employees poorly. The 2008 recession is a key example- there were numerous banks and firms that engaged in risky and deceptive investments, all for a short-term gain. The result? They crashed the economy. What did the government do? Did they bail out the American borrowers that where hurt? No, they bailed out the companies who caused the crash. On top of that, the companies used their bailout money to give bonuses to their CEO's to "retain the talent". All the while leaving the average American in the dust.
When the economy struggles, we need to assist the average American, not the massive corporations who typically keep all of the gains for themselves.