Friday, January 30, 2009

Task force to study how to rejuvenate the middle class

Almost 18 months ago I wrote a post on the need to rejuvenate the dying middle class in America, so I am glad to see that somebody in Washington has woken up to that reality as President Obama and VP Biden have announced the formation of a task force to study and hopefully "fix" the middle class - the White House Task Force on Middle Class Working Families. Whether their efforts will go anywhere is another matter, but at least they are taking a step in the right direction. Limited details about the task force are available. The short summary:

The Task Force is a major initiative targeted at raising the living standards of middle-class, working families in America. It is comprised of top-level administration policy makers, and in addition to regular meetings, it will conduct outreach sessions with representatives of labor, business, and the advocacy communities. The Task Force will be chaired by Vice President Joe Biden. The Vice President and members of the task force will work with a wide array of federal agencies that have responsibility for key issues facing the middle class and expedite administrative reforms, propose Executive orders, and develop legislative and policy proposals that can be of special importance to working families.

Goals include:

  • Expanding education and lifelong training opportunities
  • Improving work and family balance
  • Restoring labor standards, including workplace safety
  • Helping to protect middle-class and working-family incomes
  • Protecting retirement security

-- Jack Krupansky

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