Thank you. I think it is important to reiterate that we are very happy when Americans do well financially. We want every American to do well financially. I have said many times before that each one of us hopes to have a little more money, and I said that my kids hope that I have a little more money also. It's not a question of success. We want everybody to be successful. The problem that we have here is that we are borrowing money that middle-income taxpayers will have to pay back, plus interest, in order to give those who are already extremely successful--and I'm glad that they are--money that they don't need. Then we will carry the debt and put this country further at risk. So, when we want to tell the truth about the debt, this has to be part of the story: that it was proposed--and I fear could be passed--that we borrowed more money, probably from China, and we gave it to those who least needed it while we ignored all the great pressing needs of our country. I fear for the middle class. I know that we all grew up at a time when our parents believed that we would do better than they did financially, and indeed we did. I put myself through college, but I was able to work double shifts in the summer at a factory, and then I was able to work through the school year to pay for that. Now, no matter how hard people work in the summer and no matter how hard they work in the winter, they can't afford to pay for college tuition. So what are we going to do for those children?
Carol Shea-Porter: “Thank you. I think it is important to reiterate that we are very happy when Americans do well financially. We want every…”
Editor's note · Context
Shea-Porter addresses concerns about financial inequality and the burden of debt on middle-income taxpayers.
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