“A Democratic Contract With America: How to Retake the House and Combat Economic Inequality”


THE HUFFINGTON POST

Ian Reifowitz

Author of ‘Obama’s America: A Transformative Vision of Our National Identity’

WHY WE PROPOSE TO DO THIS:
This bold plan will restore equality of opportunity in our country. It enshrines the central value of the American Dream, that every American child should have an equal chance at achieving the good life: a job that allows him or her to support a family, and eventually enjoy a safe, secure retirement.

Our plan is fiscally responsible. First of all, increasing the minimum wage will directly save our government money by leaving fewer working people in need of government support. Today, millions of people who work full-time still need Medicaid, food stamps, and other aid because the minimum wage is too low to bring them out of poverty. McDonald’s is even telling its employees to seek out government assistance.

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“Wall Street’s nightmare: President Warren” 1


POLITICO

By Ben White and Maggie Haberman

WARREN_VS_CLINTON_2013-11-12_0558

NEW YORK — There are three words that strike terror in the hearts of Wall Street bankers and corporate executives across the land: President Elizabeth Warren.

The anxiety over Warren grew Monday after a magazine report suggested the bank-bashing Democratic senator from Massachusetts could mount a presidential bid in 2016 and would not necessarily defer to Hillary Clinton — who is viewed as far more business-friendly — for the party’s nomination

And the fear is not only that Warren, who channels an increasingly popular strain of Occupy Wall Street-style anti-corporatism, might win. That is viewed by many political analysts as a slim possibility. It is also that a Warren candidacy, and even the threat of one, would push Clinton to the left in the primaries and revive arguments about breaking up the nation’s largest banks, raising taxes on the wealthy and otherwise stoking populist anger that is likely to also play a big role in the Republican primaries.

(Also on POLITICO: Report fuels prospect of 2016 Elizabeth Warren run)

Read more: http://www.politico.com/story/2013/11/wall-street-elizabeth-warren-president-2016-elections-99697.html#ixzz2kQZJrUfw

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‘I’m working as hard as I can': For the poor, the costs of life can be higher”


NBC NEWS/POVERTY IN AMERICA

By Hannah Rappleye, NBC News

PHILADELPHIA — On some days, Yolanda Williams says she wonders why it’s so hard to stay alive. “I’m working as hard as I can. Every time I talk to my boss I ask, ‘Is there any more work?’”

Williams works part-time as a home-health aide so that she can also attend the Kaplan school to study medical billing. For about 17 hours a week of work, at $10 an hour, she takes home about $298 every two weeks, which she uses to support her disabled husband and her 21-year-old daughter, both of whom are unemployed.

“I’m trying to go to school so I can get a better job, so I can get off welfare,” added Williams, who receives food stamps and Medicaid. “If that means I have to be on the bus 24 hours a day, I’ll do it.”

Her weekly toil – which includes nearly 30 hours on buses – underscores one of the truths of life for the millions of American living with poverty: it’s expensive to be poor.

Williams and her family live in north Philadelphia. She spends her check only on the essentials: rent, gas and electric, bus passes, a phone. She doesn’t have cable or internet.

“If you own a home, plus childcare, plus commuting costs you can be well above poverty and still not be able to make ends meet,” said Professor Scott Allard, an expert in poverty and the social safety net at University of Chicago. “You’re not doing anything wrong. You’re playing by the rules but you’re not making it.”

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