HILLARY CLINTON, CANDIDATE FOR PRESIDENT: Now today — today, as the shadow of crisis recedes and longer- term challenges come into focus, I believe we have to build a growth and fairness economy. You can’t have one without the other. We can’t create enough jobs and new businesses without more growth, and we can’t build strong families and support our consumer economy without more fairness. We need both.
Because while America standing again, we are not yet running the way we should. Corporate profits are at near record highs and Americans are working as hard as ever. But paychecks had nearly budged in real terms. Families today are stretched in so many directions, and so are their budgets. Out of pocket costs of health care, child care, hearing for aging parents, are rising a lot faster than wages.
I hear this everywhere I go. A single mom talked about juggling a job and classes at community college while raising three kids. She doesn’t expect anything to come easy. But if she got a raise, everything would not be quite so hard.
The grandmother who works around the clock providing child care to other people’s kids. She’s proud of her work, but the pay is fairly enough to live on, especially with the soaring price of her prescription drugs.
The young entrepreneur whose dream of buying a bowling alley where he worked as a teenager was nearly derailed by his student debt. If he can grow his business, he can pay off his debt and pay his employees, including himself, more, too.
Millions of hardworking Americans tell similar stories. Wages need to rise to keep up with cost, paychecks need to grow. Families who work hard and do their part deserve to get ahead and stay ahead. The defining economic challenge of our time clear. We must raise incomes for hard-working Americans, so they can afford a middle-class life. We must drive steady income growth that lifts up families, and lifts up our country. And that…
And that will be my mission, from the first day I am president to the last.