Regardless of which side of the aisle you’re on, everyone agrees that the middle class is shrinking and the wealth gap between our nation’s richest and poorest is growing. The middle class is no longer the majority in our country, while over three-quarters – 78% – of voters believe that the new tax plan benefits the wealthy. The median wealth of middle-income Americans is falling further and further behind – from 2001 to 2013, the median wealth of the middle class fell by 28%.
Throughout history, the United States has been a leader in technological development, which earned our place in the world as a leader in economic growth. Part of that leadership is thanks to our investment in research and technology as a nation. Incredible developments, such as the application of the jet engine for both military and commercial uses, or the invention of the computer microchip, have been because of government investment in technology. However, investment isn’t the full story. In order to be competitive, we must also deliver competitive education and training to develop jobs of the future.
Supporting and stimulating economic growth must about more than tax cuts – we need to tackle wage stagnation, invest in innovative and groundbreaking technology to spur real economic growth, and support job training for the trades we’ll need in the future.
● Raising the minimum wage
● Attracting high-paying jobs
● Investing in ground-breaking technology
● Supporting high-quality education and job training
Yesterday’s economic strategies simply can’t keep up with tomorrow’s technologies – I will work to deliver the kind of economic growth that will carry our state and our country forward.