We are at a moment of truth. We need to face up to the reality of where we are as a nation, and we need a mass movement of people to change that reality.
Let's be clear. This campaign is not about Bernie Sanders. It's about a grassroots movement of Americans standing up and saying: "Enough is enough. This country and our government belong to all of us, not just a handful of billionaires."
I have discussed some of the major crises that we face. Let me give you the outline of an agenda which addresses these problems.
We need a major federal jobs program. The most effective way to do that is to rebuild our crumbling infrastructure. To do that, I have introduced legislation which would invest $1 trillion over 5 years to modernize our country's physical infrastructure. This would create and maintain at least 13 million good-paying jobs. It would also make our country more productive, efficient and safe.
As a member of Congress who voted against NAFTA, CAFTA, Permanent Normal Trade Relations with China (PNTR) and is helping to lead the opposition against the TPP, I will continue my opposition to trade policies which have cost us millions of decent paying jobs as corporate America shuts down plants here and moves them to low-wage countries.
Raising Wages: Today, millions of Americans are working for starvation wages and median family income has declined by almost $5,000 since 1999. The current federal minimum wage of $7.25 an hour is totally inadequate. We need to raise the minimum wage to a living wage - $15 an hour over the next few years. Our goal must be that no full-time worker in this country lives in poverty. We must also bring about pay equity for women. There is no rational reason why women should be earning 78 cents on the dollar compared to men who perform the same work.
Further, we need to implement "family values" for American working families. It is unacceptable that the United States is the only major country on earth that does not guarantee family and medical leave, sick time and paid vacations.
Wealth and Income Inequality: Today, the richest 400 Americans own over $2.2 trillion in wealth, more than the bottom 150 million Americans combined. Meanwhile, nearly half of all Americans have less than $10,000 in savings and have no idea how they will be able to retire with dignity.
In order to reverse the massive transfer of wealth and income from the middle class to the very rich that we have seen in recent years, we need real tax reform which makes the wealthy and profitable corporations begin to pay their fair share of taxes. It is fiscally irresponsible that the U.S. Treasury loses about $100 billion a year because corporations and the rich stash their profits in the Cayman Islands, Bermuda and other tax havens.
We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities.
Reforming Wall Street: I have introduced legislation which would break up the largest financial institutions in the country. In my view, if a bank is too big to fail, it is too big to exist. Wall Street cannot continue to be an island unto itself investing trillions in risky financial instruments. We need banks that invest in the job-creating productive economy. We do not need more speculation and gambling in casino-type activities.
Campaign Finance Reform: We need to return to a one-person, one-vote democracy. It is not acceptable that the Koch brothers and other billionaires are spending endless sums of money to buy elections. I have introduced legislation which would overturn the horrendous Citizens United decision and will only appoint Supreme Court justices who are prepared to do that. We must also demand disclosure of all large campaign contributions. Long term, we need to move to public funding of elections.
Fighting Climate Change: The United States must lead the world in reversing climate change and make certain that this planet is habitable for our children and grandchildren. We must transform our energy system away from fossil fuels and into energy efficiency and sustainable energies. Millions of homes and buildings need to be weatherized, our transportation system needs to be energy efficient and we need to greatly accelerate the progress we are already seeing in wind, solar, geothermal and other forms of sustainable energy. Transforming our energy system will not only protect the environment, it will create good-paying jobs.
Health Care for All: The United States remains the only major country on earth that does not guarantee health care for all as a right. Despite the modest gains of the Affordable Care Act, 35 million Americans continue to lack health insurance and many more are under-insured. Yet, we continue paying far more per capita for health care than any other nation. The United States must move toward a Medicare-for-All single-payer system.
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