People See What the Economy Really is When the Workforce Goes Under

Bailey Kendrick, Journalist

An ongoing debate states that the economy is being driven by working-class people, not stocks or corporations like many may have thought. Many articles explain that the economy only does well if the workforce does, too. There are two sides to every argument, especially this one. 

On one side, this article says that conservatives believe that a crucial part of a growing economy is the corporations and the wealthy job creators. They claim that economic motivation is caused mainly by those corporations and job creators. They agree that you can measure the economy’s success by looking at the stock and corporate prices. They claim that as long as both are rising and stable, the economy will continue in a well-built manner. Conservatives have spent years pushing the idea that getting the government out of the way would advocate the unguided economy. The conservative view has been the stereotype for the economic area of businesses and media for decades. 

Conservatives may argue that economic policies are running people dry of their money to benefit so-called job creators. They say this opens a window to communities being excluded or forgotten from the whole economy. They believe this will cause the economy to perform poorly, fail to deliver, or make an unstable and insecure economy. However, if the communities focus on the economy and carry out the plans they created, this will not happen. 

On the other side of the debate, progressive people are stating how the view of the economy is backward and incorrect. They have been trying to spread the message about how statistically, the conservatives are wrong. I completely agree with them, as I have seen the statistics and they have proven how incorrect the conservatives are. I believe that the economy operates by workers and consumers, who are essential aspects of our economy. Every time that this debate is brought up, I always state how the economy is only “decent” because of working people. A sad fact is that most of the people debating about this are part of the working class, and are invalidating their work as being on the conservative side. The health of the working class, families, and consumers determines success within the economy. As soon as the people who work have to stop working, the economy drops massively. Economic success is only able to happen when the workforce is doing well. I truly think that economic stability can be measurable by the soundness of the people who make up the economy. It is crucial to recognize that real people, like ourselves, are the reason we still have a decently-functioning economy. 

As a society, the focus is to support the economy. When everyday workers, families, and communities thrive, so does the economy! Some people believe that economic health is determined by big corporations and business leaders, but in reality, that power belongs to everyday people like you and me.