Addressing the Affordability Crisis
Congress must act to address the affordability crisis immediately. Jonathan has both short-term and long-term plans to make life more affordable.
Short Term: Households making less than $200K should be permitted to pay for basic necessities on a pre-tax basis: Mortgage/rent, groceries, child-care, and student loan payments are among the basic necessities threatening the middle class. By allowing for paying for those necessities on a pre-tax basis, we put more money in people's pockets immediately.
Long Term: We must end trickle down economic policy. Over the past 45 years, trickle down economics has redistributed money from hard workers and young people to rich people and corporations on the promise that they would create wealth that would then "trickle back down" to the rest of us. But we all know that doesn't happen.
We also need to reinvigorate anti-monopoly enforcement to restore lower prices and free market competition. Congress should amend the Sherman Antitrust Act.