Low-Wage Workers
Mr. Speaker, I'd like to begin by commending and complimenting the gentleman from Wisconsin, Congressman Pocan, for the work that you're doing here in highlighting this important issue. There's so much to be said that one is not sure where…
Mr. Speaker, I'd like to begin by commending and complimenting the gentleman from Wisconsin, Congressman Pocan, for the work that you're doing here in highlighting this important issue. There's so much to be said that one is not sure where to begin. You've provided a lot of the facts and a lot of the information, as have some of the other Members here.
I'd like to just speak to the issue in a more general sense. To be sure, what's happening in this country has to be reversed. The rich are getting richer, the poor are getting poorer, and the middle class is getting crushed. Corporations and banks are sitting on trillions of dollars.
I'm a business guy. If there's a business opportunity out there, you invest in it; but if the middle class is broke, can't buy the goods and services, you're just going to sit on your cash and you're not going to invest it if there aren't customers there for your product. This is not only good for middle America and for poor people, raising the minimum wage is going to be so important for our whole economy.
When I started my entry into the employment market, the ratio of executive compensation to that of the worker was 25 to 1. I just read recently today that the ratio is 273 to 1. To my point, the rich are getting richer and the poor are getting poorer. We've just seen some numbers on the percentage
of income that's earned by the upper 1 percent and by the upper 10 percent, and they're earning all the revenue.
I would like to suggest that everybody, if they haven't done it yet, take a look at the Bill Moyers' film that was done in Milwaukee, Wisconsin, following the lives of two families. It was quite remarkable. Hats off to Bill Moyers for his vision in understanding how valuable a film like this could be because he followed two good, hardworking families playing by all of the rules, doing everything right, going to church on Sunday, not living extravagantly, no speedboats in their driveway, living in modest housing in wonderful modest communities.
He followed them as they were entering into the employment market 22 years ago. They had good-paying manufacturing jobs in the $25 to $30 range. They had benefits and retirement. Both families, all the mothers and fathers, ended up losing their jobs, not through the failure to show up to work, but because tax and trade policies had shifted those manufacturing jobs overseas to another country. Through no fault of their own, they found themselves unemployed.
Well, they struggled, and over a period of months they managed to find other jobs. Now they were back down in the $12 to $16 range, and in many cases they had lost benefits, but they were content. They just took an extra job here and there and wherever they could. Wouldn't you know, those jobs ended up being moved overseas because of our tax and our trade policies, and this time they had an even harder time finding employment. You could see all the stresses that--because Moyers was going back and visiting these people every year or two and recording what was happening in their lives, you could see the stress that was being created.
In one of the families--oh, gosh, to see these two young kids in love in their youth and to see the young man go into a tailspin of depression at not being able to provide for his family and the conflict that ended up in divorce. He was hanging out with buddies at the end trying to pick up odd jobs here and there, and his wife is living in a spare bedroom in an apartment with a friend. The other couple, the guy is out picking up garbage. Then he showed what happened. They all lost their homes. It also showed what happened to the entire community. All the homes were boarded up. The neighborhood was in shambles because they had all been foreclosed. It was just a classic example of how we have failed these people.
In my judgment, here's what we did:
In our parents' time, at least my age group and maybe your grandparents, the average life expectancy in this country was 47; today, it's pushing 80. That is remarkable progress, especially for the two oldest guys here in the freshman class. Then we did a whole bunch of things. We looked, and the rivers and lakes were catching on fire; acid rain was destroying the forest and the lakes. I had people in my district whose lives were over. When they were 25 and 30 working in boat factories and for want of ventilation, their lungs were full of fiberglass, and so they couldn't breathe.
Anyway, we did all these things. We set up some good rules for environmental protection. We set up some good rules for health and safety. We insisted on Medicare for our elderly and workers' comp and unemployment comp and Social Security. We put a tremendous amount of burden for all of that on our business community, our manufacturing sector. I know about that. I spent the last 32 years of my life in business, manufacturing.
Then we said to all the manufacturers, Oh, by the way, now you're going to have to go compete with people in countries where they don't have to do any of that. It wasn't fair. It couldn't work. I'm not necessarily faulting corporations for moving overseas, but I am faulting the people responsible for the public policies that allowed that to happen.
The first thing that we have to do here, in my judgment, is to raise the minimum wage. It's not a cure-all, but it's a good beginning to put some money back in the hands of low-income and middle America. There are also so many other things that we need to do.
I just learned in one of our committees they were going to spend $89 billion in Afghanistan this year on infrastructure projects. I read in the Times one project was $299 million. Fifty brave young American men and women lost their lives securing the area for this hydroelectric project. And for every one that is killed, there is another six or seven that are maimed and harmed for life. Well, this project has now been abandoned because the locals kept blowing it up as fast as we could secure the area and build it.
We need to start reinvesting in our own infrastructure, our bridges, our roads, our communities, our educational system, investing in our people. We're going bankrupt here on these wars of choice, in this nation-building abroad. We're destroying what made America a great country, a middle class, a place where there was opportunity for everybody. If you showed up and you wanted to work hard, there was a job for you. I submit, in my generation, if you wanted to be a failure, hell, you had to have a plan. There were just so many jobs and so many good-paying jobs and so many opportunities. And that's what we're losing, and that's what we have to get back to in this country. I think we can start by raising the minimum wage.
I am so thrilled to be able to join you and my colleagues in urging the leadership here to bring this measure before the Congress. Let us have the debate. Let us have a vote on it. Let us see if we can't move this country forward. Let us see if we can't do something for the middle class here, and then let's follow that up with a good, healthy debate on what kind of a trade policy we are going to have. Is it going to be totally free, or is it going to be fair trade that recognizes the accomplishments that we've made here with a determination to keep moving that progress forward?
Also, let's have a good look at the tax policies, too. The fact is anyone who has examined it knows that clearly the richest and most powerful people in this country pay a much lower percentage of their income in taxes than the average person. They just did an analysis in Minnesota here a while back. The average person making between $30,000 and $50,000 pays 31 percent of their income in a variety of taxes-- Social Security, income, real estate, gas taxes, the whole works.
The average millionaire is only paying 13 percent. Well, that's not fair. Nobody's suggesting here that we should penalize the rich for their success. On the contrary, we want everybody to be successful in this country, but we also want everybody to pay their fair share. So there's no one easy, simple solution to what we're looking at here, but we can start with raising the minimum wage, and then let's go after the tax policy and let's go after the trade policy. Let's institute some fairness in this country. Let's rebuild the middle class, let's restore the American Dream where there's opportunity for everyone--everyone who's willing to go to work, play by the rules, work hard, and go to work every day. That's the America we grew up with. That's the America that we want to leave behind when we pass on to the big country. Thank you.