A Quote by Jennifer Palmieri
We can't just cut our way to prosperity. Even as we look for ways to reduce deficits over the long term, we must grow the economy in a way that strengthens the middle class and everyone willing to work hard to get into it.
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Of course, there's been a real debate about where to invest and where to cut, and I'm committed to working with members of both parties to cut our deficits and debt. But we can't simply cut our way to prosperity.
Over the long term, the only way we're going to raise wages, grow the economy, and improve American competitiveness is by investing in our people - especially their educations.
Deficits and debt threaten the growing American economy and our national security over the long term.
For globalization to work for America, it must work for working people. We should measure the success of our economy by the breadth of our middle class, and the scope of opportunity offered to the poorest child to climb into that middle class.
I'm just absolutely convinced we have to educate our way to a better economy. That's the only way we're going to get there. This is the best long-term investment we can make. And so I think it's my job to be the truth-teller.
For too long, people in Washington and Congress point fingers at each other, even as millions of middle-class Americans remain unemployed and our economy continues to sputter. They must realize that we are all in this together, and I respectfully submit that the best way to remind Congress of this is to tie their pay to their collective results.
Reforms aimed at increasing an economy's flexibility are always hard - and even more so at a time of weak growth - because they require eliminating protections for vested interests in the short term for the sake of greater long-term prosperity.
I am a Midwestern Democrat, which I believe means practical, reasonable, willing to work across the aisle and focused on the economy and the middle class, saving the middle class.
Illinois needs a real strategy for job creation that grows the economy over the long term with high-wage jobs that rebuild the middle class.
In five days, you can turn the page on policies that put greed and irresponsibility on Wall Street before the hard work and sacrifice of folks on Main Street. In five days, you can choose policies that invest in our middle class, and create new jobs, and grow this economy, so that everyone has a chance to succeed, not just the CEO, but the secretary and janitor, not just the factory owner, but the men and women on the factory floor.
The only way America can reduce the long-term budget deficit, maintain vital services, protect Social Security and Medicare, invest more in education and infrastructure, and not raise taxes on the working middle class is by raising taxes on the super rich.
The only way to reduce our national debt is to grow the economy and cut spending. We have no idea how our money is being spent. As president, I will move all agencies to zero-based budgeting so that every agency has to justify every dollar that they spend.
Value investing doesn't always work. The market doesn't always agree with you. Over time, value is roughly the way the market prices stocks, but over the short term, which sometimes can be as long as two or three years, there are periods when it doesn't work. And that is a very good thing. The fact that our value approach doesn't work over periods of time is precisely the reason why it continues to work over the long term.
To me, the term 'middle-class' connotes a safe, comfortable, middle-of-the road policy. Above all, our language is 'middle-class' in the middle of our road. To drive it to one side or the other or even off the road, is the noblest task of the future.
When the economy is still struggling, putting people back to work, finding ways to spur economic activity, ultimately can help to reduce the structural deficits and debts that countries experience.
Our job as Americans is to restore that basic bargain that says, if you work hard, if you're willing to meet your responsibilities, you can get ahead. You can get ahead. Doesn't matter what you look like, doesn't matter where you come from. Our middle class, when it's growing, when it's thriving, when there are ladders of opportunity for people to do a little bit better each year and then make sure that their kids are doing even better than them, that's the American dream. That's what we got to fight for. That has to be the north star that guides everything we do.
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