Political Quotes

On the recordJanuary 8, 2020
As we begin the new year and the new decade, economic results feel tepid for working communities across our country. The President touts and newspapers parrot his misguided belief that America is experiencing the greatest economy for everyone. No, not for everyone. Sure, many indicators prioritized by Wall Street and Washington support and reflect this statement, but speak with millions and millions of lower and middle-class workers, Americans across our country--especially in the heartland, in the Midwest--and you will find they feel quite differently. They are falling deeper into debt. Despite President Trump's exaggeration, a soaring stock market is not indicative of a strong economy for all. Most Americans do not have a significant stake in the stock market. They work paycheck to paycheck. They have to pay higher prices for everything. According to fact-checkers at PolitiFact, Americans of modest incomes are significantly less invested in the stock market than wealthier Americans. No surprise there. Other groups, including minorities and those without a college education, also lag in stock ownership, meaning that the stock market rally President Trump and the Republican Party so loudly brag about misses--bypasses--the large majority of Americans. While unemployment numbers are relatively low, tens of millions of Americans continue to live and work below the poverty line.…
Said by
Marcy Kaptur
Democratic · Ohio

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