Hilary Clinton, The Center for American Progress and "Inclusive Prosperity"

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It's a start. Conspicuously absent, however, is anything about raising taxes on the wealthy- and I don't mean just income taxes.

The Center for American Progress is very closely tied to Hillary Clinton. For those looking for rough road map to specific policies she may come out with, this is the place to go. I've included a link at the bottom of the OP. Some of the specifics from CFAP include raising the federal minimum wage to $10.10- I believe over a period of three years. If we're talking $10.10 by 2020- that's just not enough. The fed minimum hasn't been raised since 2009. The American public is solidly in favor of raising it, and I think repubs are very vulnerable on this- witness what happened recently in Michigan:

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After the Republican-controlled legislature in Michigan balked at raising the minimum wage early last year, activists collected 300,000 signatures on behalf of a proposed ballot initiative to raise the state’s wage floor to $10.10 from $7.40, and index it to inflation thereafter. One day before activists planned to submit the petition, the Republican legislature passed an increase to $9.25, including the permanent cost-of-living adjustment.

“There was terror that it would get on the November ballot,” said Saru Jayaraman, whose group Restaurant Opportunities Centers United fights for wage increases for tipped workers. “There’s a lot of talk in Michigan of coming back and doing it again.”

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http://www.nytimes.com/2015/04/14/business/wage-effort-poses-test-for-clinton-campaign.html?_r=0

In January, John Cassidy of The New Yorker wrote about CFAP's Inclusive Prosperity Report. I don't find Summer's prominent role particularly reassuring, but people change and hopefully he has:

I wrote on Wednesday that the Center for American Progress, the Washington-based think tank set up by John Podesta, does some interesting work. Now, the center has published a lengthy and ambitious report on how to achieve “inclusive prosperity”—a subject that is sure to play a prominent role in the 2016 election.

The report is the product of a seventeen-member commission chaired by Larry Summers, the former Treasury Secretary, and Ed Balls, the senior economic spokesman for Britain’s opposition Labour Party. The commission also included Jennifer Granholm, the former governor of Michigan; Glenn Hutchins, the venture capitalist; Mary Kay Henry, the president of the Service Employees International Union, the second biggest union in the country; and Wayne Swan, the former Deputy Prime Minister of Australia. Though the report includes a disclaimer noting that not everyone on the commission agreed on every finding, it also states, “We all subscribe to the broad analysis and principles articulated here.”

Based on a retelling of recent economic history that should by now be familiar, the report argues that more aggressive measures are needed to tackle wage stagnation and rising inequality. In the U.S. case, the report’s recommendations include raising the minimum wage, encouraging the growth of trades unions, providing wage subsidies to those on moderate incomes, investing in infrastructure and education, boosting home ownership, making the personal tax system more progressive, closing corporate tax loopholes, and making the financial system more stable.

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http://www.newyorker.com/news/john-cassidy/inclusive-prosperity-report


https://www.americanprogress.org/

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