Warren stresses a focus on the middle-class, lacks plan to ensure corporate loyalty

By: Oliver Goldman

(istockphoto)

Politicians in the past have guaranteed aggressive, transformative economic policy that protects American interests and workers. These politicians have time-and-time again failed to uphold their promises to the country and have utterly failed to protect American jobs. Multinational corporations and companies have been the beneficiaries of politicians’ inaction and have essentially been able to act in their own best interest and capitalize on every foreign nickel available.

The economy could use revitalization in the short and long term. On Thursday, the Democratic presidential hopeful, Senator Elizabeth Warren from Massachusetts, rolled out some of the economic policy she plans to pursue if elected.

She professed that her primary plan to protect the economy was to bolster the American middle-class. “Focusing on the middle-class is the best way to go about [revitalizing the economy],” she said while sitting alongside her running mate, entrepreneur Andrew Yang. She proposed that “reducing debt from college, universal health care, and universal child care” will help create a system that “benefits the middle-class overall.”

She also pointed to the New Green Deal, an economic stimulus package that aims to address climate concerns, as a major source of job creation.

Senator Warren was blanked when asked about how to address the issue of corporations prioritizing interests and investors abroad and having failing allegiances to the American economy. She looked to her side for an answer, and Yang had this to say: “Not taking money from corporations shows that we don’t have an alliance to them, so we are truly focused on the people and the middle-class and not corporations.”

Yang seemed unequipped with the knowledge to answer the question at hand and meandered in his response, which was instead irrelevantly centered around campaign donations. The Warren campaign has been adamant that they will not take corporate money of any kind in their campaign and would seemingly like to dismantle large corporations. But, if the campaign truly wants to see the American middle-class bolstered, ensuring increased domestic production and exports that are catered to American investors is an essential step to take, regardless of any stance on campaign finance.

The issue of corporate disloyalty has emerged as an important economic concern. The Warren campaign is either unaware of the threat corporate disloyalty presents, or is unmoved by it and plans not to take decisive action. The plans to shore up the middle-class are promising grounds to run on, but if the campaign fails to reign in American corporations and shift their focus to domestic concerns, than Senator Warren could very well be just another politician that fails workers and the American economy.