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Economic Growth

  • I support raising the minimum wage
  • I support amending our trade agreements to protect American innovation and guard against counterfeit goods, patent infringement, intellectual property theft, digital piracy and to accommodate changes in digital trade
  • I support the development of a modern power grid to accommodate advancements in energy and to protect against cyber-attacks
  • I want to work with Congress to pass an infrastructure modernization bill to repair our roads and bridges and prepare for the modern era of driverless and electric automobiles
  • I support expanding Internet infrastructure to bring service to rural Oklahoma

  In 2017 we saw unprecedented economic growth in the stock market. This was the result of a renewed hope in American businesses, but hope alone will not ensure continued economic success. We need to review the current state of regulatory requirements for businesses, many of which are poorly defined and create an undue burden on small businesses and corporations alike. However, we must guard against those who seek to remove regulatory requirements that negatively impact the environment and strip our precious natural resources. 

I will work with Congress to increase the federal minimum wage to $10.00 an hour by 2020 and to $15.00 by 2025. Right now a person working full-time at the federal minimum wage makes $15,080.00 per year. Raising the minimum wage to $10.00 an hour would provide workers with an additional $5,720.00 per year or an increase of $476 dollars per month. Opponents of raising the minimum wage argue this would hurt businesses, when in fact the economy would benefit from that money when reintroduced to purchase goods and services. 

Reports from the U.S. Bureau of Labor Statistics reflect that of all workers earning the minimum wage nearly half are under the age of 25. Statistics from the bureau also indicate that people under the age of 25 spend more of their income on transportation, food, housing, apparel and services than do older Americans who are more likely to spend their income on healthcare and investments. That’s money going back to businesses, which supports local economies. Additionally, raising the minimum wage helps this age group invest in their future by providing relief for college expenses such as tuition, textbooks, food, and housing, which is what they need in order to graduate. Raising the minimum wage also provides relief for unskilled laborers of all ages. Many of whom are struggling to raise families. I would much rather see an increase in the minimum wage as opposed to tax cuts that fall short of real relief for working families.

To keep up with a changing economy, we must invest in infrastructure. Many of the roads, bridges, railways, ports, and airports throughout the nation are in need of repair and modernization. As Oklahomans, we are all too familiar with potholes, dilapidated bridges and railway crossings in need of repair. Right now, there is bipartisan support in both the House and Senate to improve our national infrastructure, and we must take advantage of this interest. We must also invest in a modern power grid to support new sources of energy.

Also, America is falling behind in trade. We must strengthen our trade relationships and revisit trade agreements that have not been updated in decades. One of those agreements is NAFTA. It has been 24 years since any improvement to the agreement has been made. New language must be included to reflect the needs of the modern world economy and ensure US, Canada, and Mexico’s interests are amicably represented. We must also address the economic impact Chinese counterfeit goods have on manufacturing and guard against patent infringement, intellectual property theft, and digital piracy. 

(405) 548-5805

P.O. Box 6055, Edmond, OK 73083

Paid for by Elysabeth Britt for Congress
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