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CSPAN
Sep 6, 2014 5:35pm EDT
workers, 15 or 20 bucks an hour, you can go to china, hire people for a buck or $2 an hour. i'm proud to tell you i have never voted for one of these trade agreements, and i am right. [applause] now, to understand the american economy today, you can capsulize it in one way. the largest private-sector employer was general motors, and they produced real products, automobiles. they work with good unions like the uaw. they paid their workers good wages and good benefits. that was the american economy then. today, the largest private-sector employer in america is walmart. walmart pays wages that are so low that the people in this room end up subsidizing walmart because many of their workers cannot make it on the wages they receive and they have to go on medicaid, food stamps, and affordable housing paid for the government. the owner of walmart is the walton family, the largest, the most wealthy family in america. in my view, the wealthiest family in america does not need welfare from the middle class in this country. let them pay their workers a living wage. [applause] in terms of education,
europe and japan and china. [applause] we can create 13 million decent paying jobs rebuilding our infrastructure with a $1 trillion investment and i intend to make that investment. [applause] people say that's a great idea but it's an expensive proposition. where will we get the money? we will end this outrageous tax loophole that allows major billion dollar profitable corporations to stash their money in the cayman islands and other tax havens. [applause] we are losing $100 billion a year. we have corporations that make billions of dollars not paying a nickel. that is wrong. we're going to change that and invest in the infrastructure. [applause] and by the way, not only do we need to create millions of good paying jobs, we need to stop the loss of millions of jobs through a disastrous trade policy that
directly. a slowdown in china or turmoil in iraq or syria or anywhere can send the stock market reeling input california jobs in state revenues in jeopardy. in the battle far away, some comes right to our soil is the unprovoked and brutal attack in san bernardino. what occurs daily consummate -- what occurs daily in so many parts of the world could occur .ere area that is what we have to be prepared and vigilant. i wish that was not the case, but it is. at the state capital, we think we have more control over things that we actually do. the global events and policies set the pace and shape the world we live in. the challenge is to solve today's problems without making those of tomorrow even worse. we face a future that is partly determined, and yet in many ways unknown. our job is to face the fact that we do now and prepare for the many unknowns as best as we can. you are not going to hear me talk about new programs today. i'm going to focus on how we pay for the commitments we already have. let's start with the budget. since the second world war, we have experienced 10 recessio
Search Results 0 to 2 of about 3