Katie Porter
About
U.S. Congresswoman from California; former teacher; expert on banking and consumer law
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Claims by Katie Porter (20 of 65)
The rise of neoliberalism beginning in the 1980s—the idea that unleashing the free market will solve problems without government intervention—has failed because it ignores built-in, long-standing structural inequities and has left younger Americans unable to afford housing and childcare.
Government policy directly shapes housing affordability through 30-year mortgage structure and tax policy, and the claim that government cannot do anything about housing is false—government has already done tremendous things to structure housing markets, just in ways that excluded historically marginalized groups and lower-wage workers.
Childcare costs more than college tuition in more than half of states and far exceeds rent—families cannot penny-pinch their way out of this expense in the way they can reduce discretionary spending, making it a fundamental structural barrier to parenthood and economic participation for younger generations.
Labor is not antithetical to capitalism—capitalism is premised on negotiations where workers can push back on employers for wages; true capitalism is workers and employers bargaining over compensation, and what is actually non-capitalistic is an exploitative, extractive economy where workers are forced to take wages as offered with no negotiating power.
Current safety net programs are unnecessarily complex, making them difficult to navigate and preventing the most needy from accessing help—for example, school districts spend more money each year asking which children deserve meals than it would cost to provide universal free lunch to everyone.
Universal programs are politically more durable than targeted programs—Medicare, which is universal, has survived approximately 85 years, while many other programs have been dismantled or depleted; universality is the only way to create long-term stable political support for social programs.
President Biden's debate performance was poor, but his policy deliverables are stronger than any president in the past 50 years—he brought manufacturing jobs back (not just talked about it), managed the economy without crashing after COVID, and genuinely understands childcare and elder care as issues.
Ways and Means Committee staff indicated that the disparate tax treatment of single parents versus two-parent families was not due to deliberate policy but rather because 'nobody's ever asked us before'—suggesting policy inequities can persist due to lack of attention rather than malice.
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