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Hillary Clinton is scheduled to give a major economic speech on Monday an attempt to articulate her position in relation to Main Street and Wall Street while also defining herself relative to her partys other declared presidential candidates.

As first lady, US Senator, and Secretary of State, Mrs. Clinton had plenty of opportunities to observe if not work on economic policies and programs. As the 2016 presidential campaign unfolds, she has to keep in mind the popularity of positions articulated by Senators Elizabeth Warren and Bernie Sanders on the left and potential Republican opponents especially former Florida governor Jeb Bush on the right.

Many Democratic Party hands had a part in crafting Clintons speech, which is reported to focus on middle class incomes and wages.

To address income inequality, Clinton will call for raising the minimum wage, increasing taxes on the wealthy, boosting the power of unions, and reducing health-care costs, according to The Wall Street Journal. Shell also endorse corporate profit sharing, a college-affordability program, and a middle-class tax cut.

The speech is the product of scores of conversations with elite thinkers of the liberal policy establishment, such as former White House advisor Gene Sperling, Nobel laureate Joseph Stiglitz, liberal think tank president Neera Tanden, Princeton University economist Alan Blinder, and Jared Bernstein, former senior economic adviser to Vice President Joe Biden, The Hill newspaper reports.

Professor Blinder says Clinton has expressed interest in policies to curb excessive risk on Wall Street, such as a financial transactions tax on high-frequency trading, taxes on large Wall Street banks based on their risk profile, and eliminating the so-called carried interest loophole that allows managers of hedge funds and private equity firms to pay a lower tax rate than most individuals, according to the Associated Press.

"I'm pretty sure that as the details come out you and others will judge them to be more anti-Wall Street than pro-Wall Street," Blinder told the AP. "This is not going to look like an agenda that came out of a bunch of Wall Streeters."

In line with Clintons economic positions designed to appeal to working Americans, she just received a major labor union endorsement from the American Federation of Teachers (AFT), which represents more than 1.6 million members nationwide, including K-through-12 teachers and school personnel, higher education faculty and staff, early childhood educators, and retirees.

"In vision, in experience and in leadership, Hillary Clinton is the champion working families need in the White House," AFT President Randi Weingarten said in a statement Saturday.

Conservatives and Republican presidential candidates are pushing back against Clintons economic positions as she develops and articulates them.

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Hillary Clinton to lay out plans for the economy. GOP says ...