April 14, 2021 / by 


Why Not Hire the Woman Who Wrote the Book on the Struggles of the Middle Class?

Apparently, Obama decided to use his Labor Day weekend radio address not to pay tribute to all that organized labor did to create the middle class in this country, but to try to persuade voters that he is doing enough to save it.

On Monday, we celebrate Labor Day. It’s a chance to get together with family and friends, to throw some food on the grill, and have a good time. But it’s also a day to honor the American worker – to reaffirm our commitment to the great American middle class that has, for generations, made our economy the envy of the world.

That is especially important now. I don’t have to tell you that this is a very tough time for our country. Millions of our neighbors have been swept up in the worst recession in our lifetimes. And long before this recession hit, the middle class had been taking some hard shots. Long before this recession, the values of hard work and responsibility that built this country had been given short shrift.

For a decade, middle class families felt the sting of stagnant incomes and declining economic security. Companies were rewarded with tax breaks for creating jobs overseas. Wall Street firms turned huge profits by taking, in some cases, reckless risks and cutting corners. All of this came at the expense of working Americans, who were fighting harder and harder just to stay afloat – often borrowing against inflated home values to pay their bills. Ultimately, the house of cards collapsed.

So this Labor Day, we should recommit ourselves to our time-honored values and to this fundamental truth: to heal our economy, we need more than a healthy stock market; we need bustling main streets and a growing, thriving middle class. That’s why I will keep working day-by-day to restore opportunity, economic security, and that basic American Dream for our families and future generations.

First, that means doing everything we can to accelerate job creation. The steps we have taken to date have stopped the bleeding: investments in roads and bridges and high-speed railroads that will lead to hundreds of thousands of jobs in the private sector; emergency steps to prevent the layoffs of hundreds of thousands of teachers and firefighters and police officers; and tax cuts and loans for small business owners who create most of the jobs in America. We also ended a tax loophole that encouraged companies to create jobs overseas. Instead, I’m fighting to pass a law to provide tax breaks to the folks who create jobs right here in America.

Aside from being a pretty big snub to Labor (what about your promise to pass EFCA, oh ye savior of the middle class?), Obama’s focus on the plight of the middle class reminded me of one big thing he has thus far refused to do to help the middle class: hire the woman who, literally, wrote the book on the problems faced by the middle class.

I guess Obama thinks he can save the middle class with neither experts on it nor those who have traditionally fought for it?

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Originally Posted @ https://www.emptywheel.net/tag/elizabeth-warren/page/4/