Hillary: ‘So-Called Gig’ Economy Like Uber, Airbnb ‘Raising Hard Questions’

HILLARY CLINTON: "Advances in technology and expanding global trade have created whole new areas of commercial activity and opened new markets for exports. But too often they are also polarizing our economy, benefiting high skilled workers but displacing, or downgrading blue-collar jobs and other mid-level jobs that used to provide solid incomes for millions of Americans. Today’s marketplace focuses too much on the short-term, like second-to-second financial trading, and quarterly earnings reports and too little on long-term investments. Meanwhile, many Americans are making extra money renting out a spare room, designing websites, selling products they design themselves at home, or even driving their own car. This on-demand or so-called gig economy is creating exciting opportunities and unleashing innovation. But it’s also raising hard questions about workplace protections and what a good job will look like in the future. So all of these trends are real and none, none is going away. But they don’t determine our destiny. The choices we make as a nation matter. And the choices we make in the years ahead will set the stage for what American life in the middle class in our economy will be like in this century."