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Brian Schatz on Jobs

 


Avoid economic stratification; it caused the 1954 revolution

Help the middle class: The intent of the 1954 political revolution in Hawai'i was to create equality and fairness for the working people of the plantations. The inequity of that time was based on race and class. The new challenge for our society is to prevent our state from becoming so stratified economically that it comprises only two classes--the rich and those who work for the rich.

Many island societies fall victim to this dilemma because their people have few economic options, the price of land escalates and the mobility of their citizens is limited. Sound familiar? The singular issue that will revitalize Democrats over the next 10 years, and give them a purpose for existence (not just the perpetuation of power), is to assist the middle class to prosper and remain in Hawai'i and to live a healthy, comfortable life with their children and grandchildren. That has to be done through tax policy, a real commitment to investing in education and a renewed effort on re-training our workforce.

Source: Honolulu Advertiser column by Rep. Brian Schatz , Oct 14, 2005

Raise the minimum wage to $10.10 per hour by 2016.

Schatz co-sponsored Minimum Wage Fairness Act

Congressional summary: Increases the federal minimum wage for employees to:

  1. $8.20 an hour beginning 6 months after enactment
  2. $9.15 an hour beginning 1 year later,
  3. $10.10 an hour beginning 2 years later, and
  4. an amount determined by increases in the Consumer Price Index, beginning annually after 3 years.

Proponent's argument in favor (RaiseTheMinimumWage.com): The federal minimum wage of $7.25 per hour remains decades out of date, and the federal minimum wage for tipped workers--$2.13 per hour--has not increased in over 20 years. The minimum wage of the past provided significantly more buying power than it does today. The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation.

Opponent's argument against: (Neil King in Wall Street Journal, Feb. 24, 2014): The CBO concluded that a jump in the minimum wage to $10.10 an hour could eliminate 500,000 jobs. For Republicans, the report provided ammunition that a higher minimum wage would kill jobs. Democrats pointed to the CBO's findings that the higher wage would lift 900,000 people out of poverty. But both sides missed a key finding: That a smaller hike from the current $7.25 to $9.00 an hour would cause almost no pain, and still lift 300,000 people out of poverty while raising the incomes of 7.6 million people.Congressional Budget Office report:: Once fully implemented, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3%. Some people earning slightly more than $10.10 would also have higher earnings, due to the heightened demand for goods and services. The increased earnings for low-wage workers would total $31 billion. Accounting for all increases and decreases, overall real income would rise by $2 billion.

Source: S.1737 & H.R.1010 14-S1737 on Nov 19, 2013

Other candidates on Jobs: Brian Schatz on other issues:
HI Gubernatorial:
Duke Aiona
Neil Abercrombie
HI Senatorial:
Cam Cavasso
Colleen Hanabusa
Daniel Inouye
Mazie Hirono

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Retiring in 2014 election:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
SD:Johnson(D)
WV:Rockefeller(D)

Retired as of Jan. 2013:
AZ:Kyl(R)
CT:Lieberman(D)
HI:Akaka(D)
ME:Snowe(R)
ND:Conrad(D)
NE:Nelson(D)
NM:Bingaman(D)
TX:Hutchison(R)
VA:Webb(D)
WI:Kohl(D)
Senate Retirements 2014:
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IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
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SD:Johnson(D)
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Senate races Nov. 2014:
AK: Begich(D) vs.Miller(R) vs.Treadwell(R) vs.Sullivan(R)
AL: Sessions(R,unopposed)
AR: Pryor(D) vs.Cotton(R)
CO: Udall(D) vs.Gardner(R) vs.Baumgardner(R) vs.Buck(R) vs.Hill(R) vs.Stephens(R)
DE: Coons(D) vs.O`Donnell(R)
GA: Nunn(D) vs.Perdue(R) vs.Kingston(R) vs.Gingrey(R) vs.Handel(R) vs.Broun(R)
HI: Schatz(D) vs.Hanabusa(D) vs.Cavasso(R)
IA: Braley(D) vs.Ernst(R) vs.Whitaker(R) vs.Clovis(R)
ID: Risch(R) vs.Mitchell(D)
IL: Durbin(D) vs.Oberweis(R) vs.Hansen(L) vs.Truax(R)
KS: Roberts(R) vs.Tiahrt(R) vs.Wolf(R) vs.Taylor(D) vs.Orman(I)
KY: McConnell(R) vs.Bevin(R) vs.Grimes(D)
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MI: Land(R) vs.Peters(D) vs.Wiedenhoeft(R)
MN: Franken(D) vs.McFadden(R) vs.Abeler(R) vs.Ortman(R)
MS: Cochran(R) vs.Childers(D) vs.McDaniel(R)
MT: Walsh(D) vs.Daines(R) vs.Edmunds(R) vs.Bohlinger(D)
NC: Hagan(D) vs.Tillis(R)
NE: Sasse(R) vs.Domina(D) vs.Haugh(L) vs.Osborn(R)
NH: Shaheen(D) vs.Brown(R) vs.Smith(R) vs.Rubens(R) vs.Testerman(R) vs.Martin(R)
NJ: Booker(D) vs.Bell(R) vs.Sabrin(R)
NM: Udall(D) vs.Weh(R) vs.Clements(R)
OK-2: Lankford(R) vs.Johnson(D) vs.Shannon(R)
OK-6: Inhofe(R) vs.Silverstein(D)
OR: Merkley(D) vs.Wehby(R) vs.Conger(R)
RI: Reed(D) vs.Zaccaria(R)
SC-2: Scott(R) vs.Dickerson(D) vs.Wade(D)
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Page last updated: Aug 04, 2014