A. M. On cspan3. You can also watch on cspan. Org and listen using the cspan radio app. For American Progress hosted there annual ideas conference. We will look at a panel on economic and workforce issues. The stagewelcome to iscernible] good morning everyone. I am the president for the center of American Progress and i am thrilled to welcome you to the 2017 ideas conference. We are thrilled to have people from all over the country here for the conference. As many of you know, i am an active twitter user so i encourage you to tweet about todays event using the h capideas. Our agenda,ell from enhance progressive agendas on nearly every front. We will talk about a broad range of it issues. Making the economy work for everyone. Protecting our national security. Safeguarding our civil rights. Dynamic and powerful voices from congress, state houses, and city hall. Many are activists and advocates fighting to create change that may shape the country for decades to come. Today you will hear from a new generation of progressive aders dedicating their lives a opportunity for all. We are proud to offer a platform for their new ideas and lift up the work of trailblazers spearheading the resistance in every corner of our nation. In the past few months, we have seen the American People respond resolve. Stakable millions have flooded our streets, our airports, and town halls in solidarity and in protest. More people are taking Political Action then at any point in my lifetime. Yet while we celebrate that Political Action, we also recognize in undeniable truth that we are gathered here today at an extraordinary moment in our nations history. A time when foreign actors seek to disrupt our political system which serves as the basic government. F our when a president openly interferes an investigation to uncover his ties with the same foreign actors. Freethe leaders of the world conspires to hold them accountable and even provides intelligence to our adversaries. Our founders established a system of checks and balances to safeguard our democracy. The truth is, those checks and balances are only as strong as the leaders who have the character and courage. In one partyo many are putting their party over our country. It turns out the founders prediction that each generation would have to renew our democracy was true. The extraordinary threats facing our country, foreign and the mystic, demand a fierce and unrelenting opposition. Citizenship confers responsibility. The responsibility to get and stay involved. To educate each other and speak out and resist when our democratic norms are threatened. In short, the resistance is about defending our democracy. Resist we must. But we also need to build. Past the newsk cycles a end set forth Real Solutions to problems confronting families everywhere. We are convinced these values are values that americans share. They are ones that will us to gather rather the on kilis a part. That is because at the end of the day we all want the same basic things. Two are in a decent living. To support and raise our kids and today we are proud to introduce a bold new plan for creating justice in america, based on the new deal modernized for a 20 free world. We will talk a little bit more that in our Economics Panel later today. The focus is really on ensuring jobs for all americans, particularly those who have not gone to college. In everything we do today, we do want to reaffirm a simple truth. ,hat is the party of opposition we must demand Economic Opportunity for the struggling without giving one single inch on civil rights. That means fighting voter across the nation, protecting immigrants, muslims, the disabled, and all who have felt the shameful iron of donald the shameful ire of donald trump sen. Klobuchar we have to check donald trump. Newave the chance to form a coalition that unites working families of every color and background by advancing fairness and Economic Opportunity for all. That Coalition Must be broad enough welcome each and every one of our fellow americans. It needs to be based oth prcies oeqli a inusn,n pouny d ste. Hae e seiaals liathe hrtf e ogsse vent, and they are the same values that drive the work of all the leaders gathered here today. That brings me to our opening keynote speaker, los angeles mayor. As the head of americas secondlargest city, he has spearheaded efforts to raise las minimum wage, expand housing for veterans, and make Major Investments in transportation and clean energy. He has also stood as a fierce trumps against donald cruel plan to tear apart families through his deportation force. I know he will continue to champion progressive causes for many years to come. We are honored to have mayor garcetti kickoff our conference. Please help me get a warm welcome to mayor of Los Angeles Eric garcetti. [applause] mayor garcetti good morning everybody. Thank you for putting together this conference. Thank you to the staff of the four seasons here for looking after us so well. Im glad we could bring a little bit of l. A. Whether for a couple days to washington. Thanks to all of you for coming here and being a part of this most urgent and important conversation. For the last few months, commentators have been calling this a big moment for the democratic party. They are right. But i believe this is an even bigger moment for the American People. A bigger moment for our country. For practically my entire lifetime, and maybe yours, we have heard politicians and events like this talking about how we are on the custom of a technological revolution, one that will forever alter we work, learn, to munich eight communicate. Flying cars, solar energy, robots that will make us breakfast. But that revolution is coming anymore. That revolution is here. 25 years ago, our country imported half of its oil that we needed to meet our energy needs. Today, foreign oil accounts for just about 1 4 of our energy uses. 25 years from now, we may not be using fossil fuels at all. 25 years ago, aids was the number one killer of men five to to 44. En aged 25 a generation ago, the only place you could see Something Like this was in a scifi movie. 25 years from now, the only place you will find one will be in a museum. We are living in this exciting future that we have all heard about at so many ted talks over the years, and yet for a lot of americans, this doesnt feel like an exciting moment. It doesnt feel like a moment of incredible progress. It feels like a time of great anxiety and uncertainty. Over the next 20 years, automation and Artificial Intelligence are going to wipe out the leaves of jobs. Millions of jobs. If you think one ofhoob bengo u,oreot prsebyownnate e chlo i ureonri h y intoety,etlo g ahd ts w ony. 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Itlloeba tlieng. Lte a mor ha t arinsctll age aot th wt decentobit reab befs, clin quithethar th wt foab hsi i a feeibooowi gd hos r ei ks. Nyreoi tge tng eno tt rid chgi a lvi sma peleehd. Th wt eileero rr le autinngrgents a more about delivering results. I guess that is why mayors tend to be a little bit less doctrinaire. When mayors are by themselves, democratic mayors and to admit that regulations often do more harm than good, and republican mayors often no that they can raise taxes to invest in critical things without the whole world imploding. Mayors are in the business of getting things done. While washington is stuck or worse, we see washington moving backwards cities are moving forward. In los angeles we raise the minimum wage to 15 an hour. People already have more money in their pockets. They are spending it on main street, and it is helping local businesses. Were not just raising the floor. We are raising the ceiling. We dont want to 15 an hour jobs, bought 40 and 50 an hour jobs. Making unprecedented investments in infrastructure not just about improving traffic or public safety. They are about creating hundreds and thousands of good paying middleclass union jobs. People without College Degrees who hath a century ago were working and south l. A. On building bombers on the Assembly Line today are building railcars on the crenshaw lax line, improving traffic and creating jobs where they live. That is just the start. We have the nations largest housing initiative. We have the highest Graduation Rate we have had in decades. That only by increasing investments in afterschool tutoring and Wraparound Services for families we literally show up at the door of dropouts and walked back to school as they reenroll. This fall we are building on that, becoming the largest city in america to make Community College free for every Public School graduate. [applause] we are even taking the lead on health care, which you may think of as a national issue, but mayors know is an intensely local issue. Obamacare ensured more than 15 6 billion added to our gdp, which is why democratic and republican mayors alike are sounding the alarm about trumpcare, and why i am ready to fight like hail to banks fight like hell to make sure it never becomes the law of the land. [applause] mayors understand that it is not enough to feel peoples pain or have a laundry list of ideas to help. We need to convince people that they can trust us to fight for them and to deliver for them. And when we do Real Progress when we do, Real Progress is possible. Anyone who has ever been to los angeles knows we have the worst traffic in america. Everyone who lived in Los Angelesno tt imo th aaiinhess. Afc bss blis doartourcomynd llnsf urweou b spdi wh r mi. Wseoutoixt. Arstoce frtrtu itiivin isatnisry teswo weru 4,0 gd yiobth wl ayer at home. 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Wl arofwi y seto a fus oidso su t econo wksorll eran ls veouretis [iisrnle tnkouoroings da en w gduinfr hh ho, era s azi aco rkg eranan blclaamics. Fhewaaecni ca fm falyhe ty ilthr mi he th ftveraro ts. Myotrmoeriv ia iladar arinser ab tbua rebeoo ho, y argon aua caon unmealof feooannoouy rwd r rkgmecan os theoln cas om94 15. Eranorrshad t wethhewe catg. Raat hh ho ihaou4,meca woerha n bn gde dede thr arofhecomyas ll ft. Eiwas vetad at op imylucoar mmithi autcqri a home like their parents did only by inheriting it from their parents. That is a whole different outlook on life. To goher could say to me through the doors of the schoolhouse and work hard, you can do just about anything if you are in america. Was the belief that just as his generation had a great leap forward for workers, so that trajectory would continue over the decades to come. But it didnt. The last four decades, we have seen a tax system for the wealthy. We have seen a trade system that impoverishes american workers. We have to visit we have to pivot and recreate an amazing place for working americans. That is the question we are addressing today. It means we do have to address those longterm structural deficits. That we have created incentives for factories to go overseas. [inaudible] you create downward pressure on everyone else left in the community. In addition, we have to have that surge in infrastructure. The mayor talked about what cities are doi, t nd panehibeeeciesnd at a t fer veme naib] ao t ft nd gholgein tcay ecicy [dierbl nde soeeto iesby anorming our energy over the next three decades. [indiscernible] in addition, we have to dressed that for opportunity, you have to have the opportunity of education. We have a lot more education dedicated to apprenticeships and trade. Look at the model germany has before it. [indiscernible] in germany and takes 5 of a median wage to go to college. In america it is 50 . Neighborhood,lar parents say they are not sure their kids should go to college. Wide . Why . Because they will get into debt and had to mortgage their house. Go through the lefthand righthand double punch of taking down this antiworker economy, we havent done our job. That is what we have to do in the years ahead. [applause] [laughter] summerwrote a piece last how the basic bargain between workers and employers, how workers are doing in this bare, ands laying that we need to do more to ensure we have both fairness in the economy to ensure growth. Could you elaborate and respond . My basic argument there was that there was very Important Information that came from this past election, on both left and right. I think the dimension might be those who are benefited by globalization versus those who are not, rather than the traditional left versus right thinking. That is the point number one. The consensus we have had postreagan about how you grow the economy domestically by interconnecting with the world and how the benefits of that are spread across everybody has broken down largely because, as the senator outlined, we ignored the distributional effects, the uneven benefit, and the narrowly defined communities and industries. Is not justanswer my argument is, the answer is not just to have a series of cap has stood for. We just send a message to people in the economy have been devastated by the last 30 years and embrace a set of policies that generate Economic Growth. We get into later what those are. We to marry a fairness agenda that youre talking about with a growth agenda of the type that appeals to a lot of people. How do you get good factory jobs . How do you attract committees to invest . By creating Growth Opportunities in your economy. Rather than a false choice between business and labor, between Economic Growth and fairness, to have a grand compact between business and labor, to grow our economy in a way that is fair to all. I think that is the right way to think about this. I love your thoughts. Ideas. About positive i would love for you to talk about those issues. If you havent read the report, you should. It is very interesting. It is talking about both of these aspects as about inclusive growth and how to invest in your people and infrastructure. , letat is the grand vision us return to the grubby reality of the trunk tax plan the p tax plan. I think the root of the problem began in the campaign, and we knew that, which was on health care. They asked donald trump, sean trump, asked donald he said you have been criticized for not having specifics. You say you want to repeal and the place obamacare. What specifically would you replace it with . Fabulous. Omething if you come to the presidency to do something fabulous for health care and policy, you open yourself up not to blackmail from the russians, but to delegation from congress. They are just going to give you ideas and say, we have been pushing this for 30 years. While you make that your plan . The trump tax plan as it has been outlined would be the tax cut for very high income people in the history of the United States. By far. More than twice as big as george w. Bushs tax cut was. If you are old enough, you remember we all said that we as a country cannot afford to do this. This is a terrible idea. This would be twice as they get that. As that. It would create the biggest loophole ever in the history of the u. S. Tax code i allowing anyone that has a private profit, to call that and i would have to pay only 15 marginal rate on that. Just put that in perspective, if you are a regular american currently say you are a single parent filing as a head of household, if you make 38,000 a year, you will have to pay he is going to get rid of head of households you will file as a Single Person and pay a 25 marginal rate plus another 7. 5 or so of payroll tax. You have to pay a 30 plus marginal rate while someone who literally made 1 billion a year will be paying a 15 rate. It doesnt make any sense. The thing that i cant aterstand is how you look the last 30 years of the economic history of the United States, in which we have had a decline of manufacturing and working people, in which we have seen an increasing divergence between productivity and profit of large corporations and what ofy pay people, the erosion the social contract, how you look at the 30 years of history and say, the thing we were missing is we didnt cut billionaire taxes enough and run up the deficit enough . That is the premise of the plan. [laughter] [applause] the basic worldview is that we have to have growth. We have to. If we want to restore what we had in the past, we must grow again. It might be in manufacturing. It might be services. That we have to grow. There is a difference of worldviews of where growth comes from. In one worldview, it says growth comes from the essence of government. That if we just get rid of all the regulations and rules of the road and cut the tax rates, then growth will come. If you believe that worldview, i think you have a puzzle. Iciswhisilonaly cifni la tt et veow xe dst veow guti, veha its n othisndf at tuitnon xeofny kd. So ianinheacic autha tk peleomasd , ere is eilt . Issld . Aute y nithear tu it an isecseheomni ith unedtas n pmaly veecset cap eyo erbeuse th c afrdoto tre the e pcewhe eyav inst i ppl wre tre hh macata wrehe onicnfstcte stng anth inofr. Instg yr onic frtrtu a yr op isotre itoereirta ren. Itoereirthgornnt iesinduti a nd a. 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Ha bn e f aut ye now. Organizeided to we wanted fair pay, fair schedules, and working equipment. As far as working equipment, we are primary providers. Without working equipment, we can provide care. That is something that is really important. If we cant, we are doing our job effectively. , we wantedcheduling to be able to go to the doctor and spend time with our families. We wanted to do things like this without worrying about, can i take off work . Who is going to cover my shift . And pay is probably the most important for everyone. Not just me, but probably everyone in this room. We wanted better pay because we wanted to invest in ourselves and our futures. I wanted to be able to go back to school and get my paramedic certification. Without better pay, i cant do that. I wanted to be up to buy a house , and pay is essential to that. We felt that if we all came together, we would all have a stronger voice. One person can go to the Management Team, but that is one person. When everyone comes together for the same common goal, it really gives you power, and it is a driving force. That opens the line of communication with your Management Team and says to them, they are organized. We have to give them what they want because without them, we cant serve our community. We cant get paid. That was really why we chose to organize. Thank you so much. [applause] story tells us about one example. What we have seen and demonstrate a little bit and our paper today is that for a lot of folks really about 50 of have really been unable to get higher wages for their work, as you are trying to do. What are the trends you see driving that . Aboutwill ask manufacturing, and go to the audience questions. There are numerous trends pushing that. At an abstract level, the fact that the growth of productivity in the United States for 75 or 100 years always went into wages sometime around the 1980s that breaks. It looks like productivity and growth continuing on average to go up while wages staying flat. For different people, even going down. Some feel that the decline of unions and worker Bargaining Power is an issue. There is a globalization issue. There is i think probably the automation and technology is the more important factor maybe then until recently we have given credit to. Is worth remembering Something Like 80 plus of the u. S. Economy doesnt face foreign competition. It is domestic services. There are a lot of things going on, but the facts are undeniable that people getting paid for their human capital, people sharing in the bounty that has been the increase in profits and thatncrease in gdp, sometime 20 or 30 years ago against a break, and by now they have really diverged pretty significantly. Glenn . To answer these questions, i think we need to look forward, not back. The economy lindsey is living in is very different than the economy your parents lived in. The period from was a monopoly resulting from the fact that unit states and the only productive labor force in the world. That fundamentally changed in the 1970s when germany and japan had rebuilt, and when china enter the marketplace. Thats. 1. If you look at the manufacturing economy, the United States has never manufactured more than we do today. 15 compared to 1980 we are the second largest Manufacturing Company in the world. We are second only to china. China has four times as many ple on a per capita basis as many people. On a per capita basis, we manufacture far more than china does. Of theonly employee 2 3 people today to do it we did 30 years ago. It is about the fundamental change in the nature of employing in the manufacturing economy. One of the best examples, the industry that has had the highest increase in productivity is mining. One of the reasons why the jobs arent coming back to West Virginia has trump i have promised is because mining has become so vastly more efficient than it was 35 years ago that it takes many, many, many fewer people. It has also migrated to wyoming, where it is much more efficient. And has migrated from coal to natural gas. Those are all fundamental changes that no Public Policy is going to address. On tebow of that, this fundamental change in work that mayor garcetti talked about as a result of the technology revolution, we have to think in very different ways around the social compact we have for people who are of a working age. What jobs they are going to do and what social support we offer them so that we can have fairness in our economy independent of whether or not we have manufacturing or bluecollar jobs we need to create as a result of creating greater Economic Growth. I think we need to detach some of these social equity measures that we talked about minimum wage, all the things we have talked about, College Affordability for it is fundamentally changed in the economy for the future we face. I think one of the reasons why we proposed this sort of larger scale investment in infrastructure and more job creation is in part because we have this longterm trend. There is an important social aspect to the dignity of work. When you to think through ideas about ensuring that. All to see, senator, if you have any further comments before return to the audience. I think is important to recognize that the economy is very different today. When your factory goes to mexico because they are getting paid , those are real losses. For those who say it just doesnt matter, who are in the elite, a really matters on the ground. It is the supply chain. Is the payroll. When i came to the u. S. Senate, i Start Talking about automation. And economist after economist said you are just a luddite. That it isa factory affecting every part of the economy. Dairy where the proprietor says i dont want to give you this to her because the cows are not used to seeing humans. Is extraordinary that it is extremely it is extreme narrative. Machines feed them, milk them. If you are going to have a dairy like that, what is it that human hands contest that cant be done by a machine . I would rather have that factory or bakery here in the United States. We still have to wrestle with it, and it does help drive inequality because we have this major from what was spent on labor versus capital, and now it is capital and a modest amount of labor. Is going to be a big challenge, and we have to think dramatically on how we restructure create these minimum wage job, which is it what your proposal today is about. How do we create those living wage jobs and this economy . Want to take audience questions. Just identify who you are. One is coming over there. Great to see you. Hi [inaudible] the tax rate [indiscernible] the top of the corporations keep getting larger and larger salaries and bonuses, and less taxes. I am concerned that the piece that is not being addressed is current tax policy where could payusinesses their workers a living wage, but choose instead to pay top exorbitantly outrageous salaries, and of the distribution is promoted by our tax policy, and that this needs to be seriously addressed if we are ever going to get to this profitability depends on the workers, and the workers should share in the resource. I am curious why that hasnt come up, and what you think of the argument. Often did talk about tax policy. There has been a big diversions. Etween divergence of salaries and valuing shareholders over others. Do you want to talk a little bit about that . The good sister has put it very well that we have designed the republican president s have designed the tax code in a way that accentuated in major medically worse what are these underlying trends drastically worse what are these underlying trends. This thingdispute was already happening, they have transformed the tax code. They are attending to transform the tax code now to just pilot on. Pile it on. I understand why large corporations will want lower taxes, just like anybody would. But i dont understand the moment which is the premise of lowering the corporate tax. If you could increase the profitability of companies, then they will invest more. They will hire more. They will pay more. That is the premise. If you just look at the data, corporate profitability already went up. It is at record levels as it has hare of gdp. A s share to profit ratio is up. Are not goingcuts to increase profitability more than that. When profits are that high, if you think that is going to lead to massive employment and pay, it would already have done so. Disconnectthere is a between the philosophy that says just get rid of all the taxes and we can be as successful as vanuatu. I think the data doesnt really support that view. If you are going to write to address taxes, you have to recognize the power and america. You have a vast amount of money flooding from the billionaire enterprises of america. Is the equivalent of a stadium sound system that drowns out the voice of ordinary americans. That disproportional role has been affirmed by Citizens United. If you want to understand what the very first time in u. S. History is Supreme Court seat was stolen from one administration and delivered to the next, it has to do with concern that there would be a 54 change in any decision regarding Citizens United and the role that corporations can play in our campaign system. As we talk policy, we also have to talk about policy and power. We have to be willing to have a grassroots operation and embrace it in partnership with an inside game inside the building. If you dont have that inside outside force and by the way, a huge thanks to grassroots of america. They torpedoed the Health Care Plan that would have thrown 24 Million People out off of health care. [applause] i agree with everybody. That having been said to pick up on one of the points, if we accept the premise as has been said slightly different from what you said, senator that the major problem we are dealing with over the next 15 to 20 years as a technological revolution and questioning the premise that the change in technology will ever produce the numbers of good paying jobs that we need, if we use the traditional definition of jobs, and questioning the premise that there has to be a social value in work as we define it isnt the question a redefinition of work in some sense, and what social contribution is, and what is compensable labor . Because if we live with the traditional notion, what do we say to all of the truckers who would now be replaced by Automatic Cars . The cabdrivers . This is just the beginning of that kind of change. Need to disconnect from the economic conservations. I would just say i really hope you read our paper today on this very topic. I will let the panelists speak. We dismiss the dignity people take and having a job at our peril. Proposedis why we have a pretty expensive jobs investment. There are conversations about ubi and other issues, but i think when you look at the data of people currently unemployed and already receiving social security, i think most folks would recognize that having so low job payment is a problem for society and our economy. Anyone on the panel who wants to respond to the broad point of how we redefine work. Disagree with the philosophical and the ubi and others. I hope we dont write off getting regular jobs as we define them to quickly. Athink the economy has proved remarkable engine over 200 plus jobs,at generating real and the question of what people are going to do is one that we do have to sort out. I think we have to make sure they are being wellpaid for what they are doing. It,this report, if you read the jobs guarantee is going to get a lot of headlines, but there is a lot in this report in look,it goes through we want to invest and move up the skill base of the workforce and have a robust demand for people in the country there are a lot of people in the country who dont have a house degree, and we need to have a robust demand at various levels of the skill distribution in a way that i think would be healthy and would lead to creation of a lot of jobs. It is worth from embry, every month we generate Something Like 200,000 jobs. That is a net number. We actually generate 5. 3 million jobs in the month of march, and we lost 5. 1 million jobs in the month of march. So there is an incredibly powerful engine of job creation and what we normally think of as jobs. Unleashingd to keep it. One last question because we are over time and they are yelling at me. I just wanted to say i agree entirely with what the senators say in terms of the prudence of having the factories in the community. One of the features of being a Technology Investor is in thing about the future rather than today. , we look at the future could well be in this period of transition from the Industrial Age into the information economy. A fundamental change in the nature of work and the nature of how people generate their incomes. In addition to work being parceled up into smaller and smaller chunks, more and more people working parttime and being independent contractors, although sorts of things, you have ways in which you can generate income from your car by uber, from your house by airbnb, so on and so on. The way in which the government addresses the social safety net around jobs, Unemployment Insurance, workmens compensation might not fit together well. We need to think through a instance, for going from Unemployment Insurance to wage insurance. It will fit the way the way people work in the future while thinking about addressing the problems of the moment. Excellent. Great points. One of those pieces is we have to have affordable, Quality Health care that does not cost the American People. Lets get it off the back of the american worker. Lets have it as a fundamental right available to every american. [applause] thank you