Elizabeth Warren, Elijah Cummings Launch 'Middle Class Prosperity Project' [View all]
Elizabeth Warren, Elijah Cummings Launch 'Middle Class Prosperity Project'
2/23/2015
WASHINGTON -- Sen. Elizabeth Warren (D-Mass.) and Rep. Elijah Cummings (D-Md.) are launching a series of events focusing on Democratic solutions to the
woes of the middle class.
The "Middle Class Prosperity Project" starts Tuesday with a forum featuring prominent economists. On Monday, Warren and Cummings co-authored a
USAToday op-ed describing a decline in middle-class prosperity since 1980.
"Beginning in the late 1970s, corporate executives and stockholders began taking greater shares of the gains. Productivity kept going up, but workers were left behind as wages stagnated," Warren and Cummings write.
"Families might have survived as their incomes flattened, except for one hard fact: the costs of basic needs like housing, education and child care exploded," the op-ed continues. "Millions took on mountains of debt and young people began struggling to cling to the same economic rung as their parents."
The Middle Class Prosperity Project, billed as an opportunity "to give a voice in Washington to those who need it most," will first hear from a panel of economists...
http://www.huffingtonpost.com/2015/02/23/elizabeth-warren-middle-class-prosperity_n_6738370.html