Although the national unemployment rate appears to be moving in a positive direction, for African Americans Latinos, and other people of color, the unemployment rate remains disproportionately high. To effectively address this trend, we must find ways to create and keep jobs here in the 4th Congressional District. Warren knows the best way to create good paying jobs is through innovation. To Warren, innovation is the idea that our future can be built on goods and services that have not yet been created. It is the idea that investing in our future creates equality through economic development. We can create new jobs with new ideas. We can then help those ideas germinate by clustering bright and talented people– like those that can be found in our community– to compete and cooperate to create opportunity for all. Then, by advocating for public and private cooperation, we can incubate those ideas and by investing in career and technical education we can bring those ideas back to the community as concrete commodities. These clusters could be easily implemented in areas such as Fort Washington and Odenton and should be designed to meet the demands of industry – such as cyber security, e-commerce, clean energy, healthcare IT infrastructure and hospitality.
Infrastructure Bank: Rebuilding America
In March of 2013, the US received a D+  for our infrastructure from the American Society of Civil Engineers . Meanwhile, in March of 2015, approximately 11 percent of Americans remain unemployed, underemployed or have simply given up looking for work . Let us put the people of the 4th Congressional District back to work upgrading our nation’s infrastructure. To accomplish this goal, Warren supports Infrastructure Bank legislation  – this private-public partnership will allow businesses to leverage very low interest rates from the federal government to build infrastructure projects and put Marylanders back to work. With that said, Warren also knows that we must not forget the importance of Labor Unions and their deserved place at the table in these future negotiations.
Raising the Minimum Wage
In March 2015, African Americans across this country had an unemployment rate almost twice the national average (March 2015 10.1%), and Latino Americans had an unemployment rate almost 1.5 percentage points higher than the national average . These are also the groups who are disproportionately affected by the minimum wage . Women, as a subset of the groups listed above are even more disproportionately affected, as they are the largest subgroup earning minimum wage . Warren will lead in Congress and fight to raise wages to help our local communities and Americans across this country. Because Warren is a single dad of two daughters, he knows when women do, better our communities do better. Warren will pay special attention to the needs of women and increase wages to create income parity.
Warren also knows people are working harder and more efficiently for less money . In order to address this trend, Warren will work to raise the federal minimum wage to at least $10.10 an hour with the ultimate goal of eventually creating living wage standards. Now that Maryland’s state and local minimum wage legislation is law, Warren will be a vocal supporter and bring Maryland’s experience on this issue to the House of Representatives. Equally, Warren will remain sensitive to the challenges of our small business owners. Warren’s vision is to build upon strong relationships and partnerships to attract opportunities and allow our families to live with dignity and respect.
Speaking of Labor Unions, Warren recently said, “We must strengthen labor unions, and in so doing, we fight for both middle and working class families. To me, this means increasing the minimum wage to a livable wage and combating so called �?right to work’ legislation. I will be a bold and unapologetic advocate when it comes to supporting unions because I understand as union membership grows so does the middle class.”
We can accomplish this task of supporting unions through the following actions:
- Work with members of Congress to make it easier to form a union through a simple yes or no, up or down vote. This way working women and men can gain a larger share of the economy’s gains.
- Find solutions at the federal level to reverse the �?right to work’ legislation because labor unions both raise wages and improve working conditions.
- Fight for stiff penalties against those that violate labor laws.
- On TPA and TPP: Until someone can demonstrate that these agreements won’t hurt the middle class and working people more broadly, Warren cannot support it.
Warren knows that small businesses are the backbone of the American workforce. To that end, Warren supports a Legacy Business Mentoring Program to ensure that businesses will be successful and sustainable in the global economy. As your Congressional Representative, Warren will also serve as a leader–ensuring minority representation goals are met. A Wall Street Journal article explained that African Americans have been missed by the rebound in Small Business Administration (SBA) Loans . Although there has been increasing focus on this issue recently and some progress has been made, Warren will fight to increase access to SBA low interest loans for Small Business owners, and will work to establish a Small Business Competition Advisory Council to support businesses in the 4th Congressional District. Recommendations from this group will shed light on how to best invest in our small business. For our minority and veteran owned businesses to remain viable, Warren will be a strong advocate for small businesses by working to ensure prime government contract opportunities are delivered to the 4th Congressional District.
In order to compete in the 21st century, Warren believes that we must rework our tax code. This means lowering the corporate tax rate. We cannot, however lose federal revenue in order to accomplish this task. This means removing special interest loopholes, so our small business in Maryland’s 4th Congressional District can be more competitive both domestically and internationally