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Hillary Clinton wants to raise wages for women and average Americans Hillary Clinton wants to raise wages for women and average Americans
(about 9 hours later)
Presidential hopeful Hillary Clinton announced her economic plan in New York on Monday.Presidential hopeful Hillary Clinton announced her economic plan in New York on Monday.
“We need new ideas …  One that I believe in and will fight for is profit sharing,” she said. In her first big speech of the 2016 presidential election, Ms Clinton laid out her economic vision for an economy that “works for everyone.”
“Hard-working Americans deserve to benefit from the record corporate earnings they helped produce.” The former Secretary of State spoke at the New School, a progressive university in Greenwich Village, criticised Republicans for their "trickle down economics."
Hillary Clinton peers over a podium while addressing an audience on the campaign trail in North Charleston. "Every time they have a chance to try that approach, it explodes the national debt, concentrates wealth even more, and does practically nothing to help hard-working Americans," she said.
The former secretary of state spoke at the New School, a progressive university in Greenwich Village on Monday morning. Ms Clinton proposed tax breaks for companies that create programmes to share profits with employees to raise action for middle-class wages. “Twice now in the past 20 years, a Democratic president has had to come in and clean up the mess. I think the results speak for themselves."
The Washington Post received an early release of the report, and revealed that Ms Clinton wants to boost women’s pay and ensure more women are in the workforce. Ms Clinton continued, saying that President Barack Obama and the American people were resilient after the 2008 financial crisis but growth isn't exactly up to par as it should be.
“Clinton will call for paid leave policies to help women work while raising families. That might help raising the number of women in the labor force, which has flatlined after years of growth. How much such a policy will to close pay disparities between men and women isn't as clear,” the newspaper said. “Corporate profits are at near-record highs and Americans are working as hard as ever — but paychecks have barely budged in real terms.
Ms Clinton will urge growth by increasing taxes on the wealthiest Americans, raising the federal minimum wage, new child care benefits, federal subsidies for college tuition as well as laws that would help expand unions. Ms Clinton said three key areas would provide solutions for the American economy: Strong growth, fair growth and long-term growth. She promised to promote paid leave and affordable child care, and to break down barriers to women and people of colour who aspire to enter the workforce.
She said her framework would help sustain “an economy that grows faster, fairer and more sustainably so that everyday Americans can get ahead and stay ahead.” “There are nearly 6 million young people aged 16 to 24 in America today who are not in school or at work. The numbers for young people of color are particularly staggering. A quarter of young black men and nearly 15 percent of all Latino youth cannot find a job."
The Centre for American Progress, a liberal think tank with strong ties to the campaign, released a report.  Ms Clinton will further detail her plan on Thursday with a speech planned in New Hampshire.
The presidential hopeful will provide further details on the plan at an event on Thursday in New Hampshire.