The American economy suffers from high inequality and low mobility. Wages have stagnated despite rising worker productivity. Our distorted tax code favors the wealthy while most Americans suffer under rising health care and education costs.
Roosevelters support building strong, local economies that create vibrant communities with a key role for anchor institutions, and rebalancing the economy by countering the undue influence of the financial sector. In a period of uncertain job prospects and narrowed horizons, it is necessary to reaffirm our commitment to a robust social safety net, a balance of power between workers, corporate shareholders, and executives, and jobs that provide dignity.
We also recognize that the power in the employee–employer relationship has shifted. It will take the ingenuity and creative problem-solving of our generation to help organized labor evolve to fit a new economy. Roosevelters envision an economy that invests in and rewards those who build rather than those who collect rents; that incentivizes thoughtful long-term investment over short-term profit; that innovates to seize the opportunities of our era while still providing basic economic security.
As national economic policy threatens to shift further toward trickle down economics led by a cabinet team of billionaires, Roosevelters recognize that the state and local are likely to be incredibly contested spaces in which to exercise key influence on economic policies.
We believe in:
- An economy that works for all Americans, providing full employment and dignity for every citizen
- An economy guided by rules written by the many rather than the few
- An economy that furthers global collective prosperity
- An economy that takes responsibility for the realities of climate change and takes advantage of the opportunity it provides to develop new sectors
Below, we outline Roosevelt’s core economic issues and policy projects. A special thank you to the members of our Economy Working group: Noah Wexler, Zach Komes, Amaan Charaniya, Chisolm Allenlundy, Erich Denk, Erin Thomas, Walter Hanley, John Polizzi, Andrea Sosa, and William Gabelman.