Our economy is as productive as ever, but the gains are not equally shared. Until 1980, overall economic growth produced similar gains in productivity, wages and jobs. Since then, despite consistent gains in productivity, we’ve experienced stagnant wages and poor job growth. This trend is one of the primary causes for our shrinking middle class.
We can build a stronger and more inclusive middle class. To do so, we need to provide a foundation of opportunity where health, economic security and educational attainment are achievable regardless of race, ethnicity, gender, sexual orientation, religion or zip code. We need to create good jobs that provide economic security. And we need a balanced and equitable revenue system to sustain investments that create strong communities and a strong economy.