This way. We move on to miami florida. Good morning. Caller good morning. I wish that we had more shows like this because the country is being bamboozled. I think we have an issue with money in politics and who is funding them. Rather than letting the big Corporations Fund these candidates, the media should research every one of these individuals for their real purpose and with their objectives are so we can see them for who they are. We are buying into whatever they are sending us, and they are buying into the corporations. Host ok. A democrat. Thanks to everybody who called in on this monday morning. Washington journal is back at 7 00 tomorrow. We are going to take you to new york city and the new school, where Hillary Clintons economic speech. We expect her out in a couple of minutes. Scott walker will be out at 6 15 pm eastern time making his formal campaign announcement. We may be on the air prior to 6 15. Look for the governor at 6 15. We now take it to new york for the event with Hillary Clinton. Enjoy your day. [captions Copyright National cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [applause] [cheers] [cheers] all right. Thank you, everyone. Welcome to the new school. I am the president here at the new school. The new school is a university, challenging the status quo. It is a uniquedesign inspired university. Taking courageous actions to make the world a better place. This auditorium has a rich tradition of bringing people together, to exchange views. It is also a place of tolerance. These are very critical days for our country. Now more than ever, the world needs innovative approaches and new ways of thinking. We do welcome opportunities [applause] we do welcome opportunities to hear proposals from our great political leaders. It is my great pleasure to welcome Hillary Rodham clinton democratic candidate for president. Mrs. Clinton thank you. Thank you so much. Thank you very much. And thanks to everyone at the new school for welcoming us today. I i am delighted to be back. I have had the opportunity to listen to americans concerned about an the economy that still is not delivering for them, not the way it should. It still seems to most americans that it is stacked for those at the top. I have heard about the hopes that people have for their futures, starting Small Business they have always dreamed about getting a job that pays well enough to sit or a family and provide for a secure retirement. Previous generations built the greatest economy and strongest middleclass the world has ever known on the promise of a basic bargain if you work hard and do your part, you should be able to get ahead. When you get ahead, america gets ahead. Over the past several decades that bargain has eroded. Our job is to me it strong again. For 35 years republicans have argued that if we give more wealth to those at the top by cutting their taxes, it will trickle down to everyone else. Every time they had a chance to try that approach, it explodes the national debt, concentrates wealth even more, and is practically nothing to help hardworking americans. Twice now in the past 20 years a democratic president has had to com eine in and clean up the mess left behind. [applause] mrs. Clinton i think the results speak for themselves. Under president Obama Clinton i like the sound of that america saw the largest peacetime expansion in our history. [applause] mrs. Clinton nearly 23 million jobs a balanced budget, and a surplus for the future. Incomes rose across the board not just for those already at the top. Eigt years later president obama and the American People hard wordk hold us back from the brink of depression. President obama see the Auto Industry and provided health care to teen million americans to 16 million americans. [applause] mrs. Clinton now today is the shadow of as the shadow of crises recede, i believe we have to build a growth and fairness economy. You cannot have one without the other. We cannot create enough jobs without more growth. And we cannot will Strong Families and support our consumer economy without more fairness. We need both. America standing again, we are not yet running the way we should. Corporate profits are near record highs. Americans are working as hard as ever. But paychecks had nearly budged in real terms. Families today are stretched in so many directions, and so are there budgets. Health care, childcare, hearing for aging parents are rising a lot faster than wages. I here this everywhere i go. A single mom talked about juggling a job in class at Community College while raising three kids. She doesnt expect anything to come easy. If she got a raise, everything would not be quite so hard. The grandmother who works around the clock providing childcare to other peoples kids. The pay is fairly enough to live on, especially with the soaring price of her Prescription Drugs. The young entrepreneur of dream of buying the local Bowling Alley was nearly derailed by student debt. If he can grow his business, he can pay off his debt and his employees more, too. Wages need to rise to keep up with cost. Paychecks need to grow. Families who work hard and do their part deserve to get ahead and stay ahead. Of the defining economic challenge of our time clear. We must raise incomes for hardworking americans so they can afford a middleclass l ifeife. We must drive steady Income Growth that lifts up families, and that [applause] mrs. Clinton and that will be my mission, from the first day i am president to the last. I [applause] mrs. Clinton i will get up every day thinking about the families of america, like the family i came from, a hardworking dad started a Small Business and gave us a good middleclass life. I will be thinking about all the people i represent in new york and the stories they told me and that i worked with then improve. I will take on this challenge against the backdrop of major changes in our economy that did not start with the recession and will not end with the recovery. Advances in technology has created new areas of commercial activity and opened new markets for exports. Too often they are polarizing our economy benefiting high skilled workers but downgrading bluecollar jobs and other midlevel jobs that used to provide solid income for millions of americans. Todays marketplace focuses too much on the shortterm, like second to second financial trading, and too little on longterm investments. Many americans are making extra money renting out a small room, selling products they design themselves at home or driving their own car. This socalled gig economy is creating exciting economies and unleashing innovation. It is also raising hard questions about what a good job will look like teacher. All of these trends are real and none is going away. But they do not determine our destiny. The choices we make as a nation matter. And the choices we make will set the stage for what American Life in the middle class in our economy will be like in this century. As president i will work with every possible partner to turn the tide to make these currents of change working for us, to strengthen the american middle class. I think at our best that is what americans do. We are problem solvers. We do not hide from change. The measure of our success must be how much incomes rise for hardworking families, not just for successful ceos and Money Managers and not some arbitrary growth targets uncovered two people untethered to peoples lives livelihoods. [applause] mrs. Clinton i want to see our economy work for the struggling, the striving, and the successful. We are not going to find all the answers we need today in the playbooks of the past. We cannot go back to the old policies that failed us before, nor can we just replay the successes. Today is not 1993 or 2009. So we need solutions for the big challenges we face now. I am proposing an agenda to raise incomes, for strong growth, their growth and longterm growth. More growth means more jobs and more new businesses. More jobs get people choices about where to work. Employers have to offer better than if its to compete with each other to higher new workers to hire new workers. Getting closer to full employment is crucial for raising incomes. Small businesses create more than 60 of new american jobs. And a half to be a top priority. I want to be the Small Business president , and i mean it. I im going to be talking how we empower entrepreneurs easier access to capital and simplification. I will push or broader Business Tax Reform to spur investment in america, closing the loopholes that reward companies tothat send jobs and profits overseas. [applause] mrs. Clinton and i know it is not always how we think about this. Another engine of strong growth should be comprehensive immigration reform. [applause] [cheers] mrs. Clinton i want you to hear this. Bringing millions of hardworking people into the formal economy would increase our Gross Domestic Product by an estimated 700 early in dollars over 700 billion over 10 years. Then there are the when we get americans moving we get our country moving. Lets established an Infrastructure Bank that can channel more public and private funds. [applause] mrs. Clinton channel those funds to finance worldclass airports railways, roads, and bridges, and ports. [applause] mrs. Clinton and lets built those Faster Broadband Networks and make sure there is a greater diversity of providers so consumers have more choice. [applause] mrs. Clinton and there is no excuse not to me greater investments in cleaner Renewable Energy right now. [applause] mrs. Clinton our economy runs on energy and the time has come to make america the clean energy superpower. These investments will create millions of jobs, save us money in the long run, and help us meet the threats of Climate Change. Lets fund the Scientific Research that spawned Innovative Companies and creates entire new Industries Just as the project to sequence the human genome did in the 1990s and president obamas initiatives on Precision Medicine will do in the coming years. I will set Ambitious Goals in all of these areas in the months ahead. Let me emphasize another key ingredient of strong growth that often goes overlooked. Breaking down barriers so more americans participate more fully in the workforce especially women. [applause] [cheers] mrs. Clinton we are in a global competition, as i am sure you have noticed. We cannot afford to leave talent on the sideline. That is what we are doing today. When we leave people out we shortchange then and we shortchange our country and our future. The movement of women into the American Workforce over the past 40 years was responsible for more than 3. 5 trillion in Economic Growth. But that progress has stalled. The United States used to rank seven out of 24 advanced countries in womens labor force or dissipation. By 2013, we had dropped to 19. That represents a lot of unused potential for american families. Studies show nearly one third of this decline relative to other countries is because they are expanding familyfriendly policies like a leave and we are not. We should be making it easier for americans to be good workers and caregivers. Women who want to work should be able to do so without worrying about how they are going to take care of their children are what will happen if a Family Member gets sick. Last year [applause] mrs. Clinton last year while i was at the hospital in manhattan waiting for charlotte to make a grand, entrance one of the nurses said thank you for fighting for paid leave. She sees firsthand what it means for herself and her colleagues as well as for the working parents that she helps take care of. It is time to recognize that Quality Childcare is not a luxury. It is a growth strategy. It is past time to end the outrage of so many women earning less than men on the job and women of color making even less. [applause] [cheers] mrs. Clinton all this lost money and its up adds up, for some women it is thousands of dollars every year. For far too long, these challenges have been dismissed by some as womens issues. Well, those days are over. [applause] whoo mrs. Clinton fair pay and fair scheduling and earned sick days, childcare are essential to our competitiveness and our growth. And we can do this in way that does not impose unfair burdens on businesses. As president , i will find to put families first, just like i have my entire career. [laughter] mrs. Clinton beyond strong growth, we need fair growth, and that will be the second key driver of raising incomes. The evidence is in. Inequality is a drag on our entire economy. So this is the problem we need to tackle. You may have heard governor bush say americans just need to work longer hours. Well he must not have met very Many American workers. [cheers] [applause] mrs. Clinton let him tell that to the nurse who stands on her feet all day with the teacher in the classroom or the trucker who drives all night, to the fast worker marching industry for better pay. They do not need a lecture. They need a raise. [applause] [cheers] mrs. Clinton the truth is the current rules for our economy do reward some work, like financial trading, much more than other work, like actually building and selling things, the work that has always been the backbone of our economy. To get all incomes rising we need to strike a better balance. If you work hard, you should be a fairly. We need to implement the new rules on overtime and then go further. [applause] mrs. Clinton i will crack down on bosses who exploit employees by ms. Classifying them as contractors or even steel their wages steal thei wagesr. We need to take on the major strain on family budgets. I will protect the Affordable Care act and build on it to lower outofpocket health care costs. [applause] mrs. Clinton and to they Prescription Drugs and to may Prescription Drugs more affordable will help families forward to retirement by defending and enhancing Social Security and making it easier to save for the future. Many of these proposals are timetested and more than a little battle scarred. We need new ideas, as well, and one i will fight for his profitsharing. Hardworking americans deserve to benefit from the record corporate earnings they help produce. I will produce ways to encourage companies to share profits with their employees. That is good for workers and businesses. Profit sharing gives everyone a stake in the companys success can boost productivity and put money directly into employees poickets. I will have more to say about how we do this. Another priority must be reforming our tax code. We hear republican candidates talk about tax reform. But take a good look at their plans. Senator rubios would cut taxes for household making around 3 million a year by almost 240,000, which is more than three times the earnings of a typical family. That is a sure budget busting giveaway to the super wealthy and the kind of bad economics you are likely to hear from any of the candidates on the other side. I have a different take. [laughter] mrs. Clinton guided license principles. Hardworking families need and deserve tax relief and simplification. Those at the top have to pay their fair share. I support the buffet rule, which make sure millionaires do not pay lower rates than their secretaries. I have called for closing the loophole that lets wealthy financiers pay an artificially low rate. Hugely Successful Companies that benefit should not be able to game the system and avoid paying their fair share, especially while companies cannot afford highpriced lawyers end up paying more. Alongside tax reform it is time to stand up to efforts across our country to undermine worker bargaining power. This has been proven again and again to drive up wages. Republican governors like scott walker have made their names stomping on workers rights and practically all republican candidates would do the same as president. I will fight back against these meanspirited misguided attacks. [applause] mrs. Clinton evidence shows that the decline of unions may be responsible for a third of the increase of any quality among men inequality among men. We have to get serious about supporting union workers. [applause] mrs. Clinton let me just say a word about trade. The greek crisis as well as the chinese stock market have reminded us that growth here at home and growth and ocean away are linked in a common Global Economy. Trade has been a major driver of the economy over recent decades but it has also contributed to hollowing out our Manufacturing Base and many hardworking communities. We need to set a high bar for trade agreements. We should support them if they create jobs, raise wages, and increase our national security. We should be prepared to walk away if they dont. To create fair growth, we need to create opportunity for more americans. I love the saying by abraham lincoln, who in many ways was not only the president who saved our union but the president who understood profoundly the importance of the middle class. And the importance of government playing its role in providing opportunity. He talked about giving americans a fair chance in the race of life. I believe that with all my heart, but i also believe it has to start really early, at birth. High quality early learning, especially in the first five years, can set children on the course for future suc