Political Quotes

“I thank the gentlewoman from the U.S. Virgin Islands, and I appreciate, again, her work as a coanchor tonight and bringing not only the increasing issues of wages for American workers, but tying and connecting the point around housing and the ability to really afford to live. As we have heard time and time again from our constituents, people are falling behind, and it is because they have seen stagnant wages for far too long. While the other side is giving corporate tax cuts to the wealthiest, 83 percent of the benefit of their $1.7 trillion tax going to benefit only the top 1 percent, it has done nothing to help the working poor and those who actually help build a strong economy. For the past 40 years, Congress has failed to increase the minimum wage to keep up with inflation, making it the longest period of time in history without an increase. Today's minimum wage workers have less buying power than minimum wage workers had in the 1960s. In the past 40 years, the Federal minimum wage, stuck at $7.25 since 2009, has lost 30 percent of its value. What does this mean? It means the minimum wage is worth less today than it was in 1960. The same wage can't buy you as much due to inflation and wages not being corrected to match for inflation.…”