medium | The corporate cronyism of America’s political system has been highlighted with a massive kleptocratic multitrillion-dollar corporate bailout of which actual Americans are only receiving a tiny fraction. Instead of putting that money toward paying people a living wage to stay home during a global pandemic, the overwhelming majority of the money is going to corporations while actual human beings receive a paltry $1,200 (which they won’t even be getting until May at the earliest) at a time of record-smashing unemployment.
America’s capitalism worship has been highlighted with Wall Street Journal headline “Dow Soars More Than 11% In Biggest One-Day Jump Since 1933” running at the exact same time as “Record
Rise in Unemployment Claims Halts Historic Run of Job Growth — More
than 3 million workers file for jobless benefits as coronavirus hits the
economy”. Stocks are booming, Amazon is surging,
and mountains of wealth are being transferred to sprawling
megacorporations, while actual human beings are terrified of what the
future holds.
America’s joke of a healthcare system is being highlighted as uninsured COVID-19 patients are racking up $35,000 medical bills and even insured COVID-19 patients are looking at out-of-pocket expenses in excess of $1,300.
Combine this with the millions of Americans getting thrown off of
employer-provided health insurance and you’re looking at a huge number
of people who will avoid getting tested and avoid treatment as much as
possible. Both heads of America’s two-headed one-party system have spent
decades forcefully creating this dynamic.
America’s income and wealth inequality is being highlighted in a nation suffering from all of the above problems while most Americans were already unable to afford a mere $1,000 emergency expense.
A one-time $1,200 payment to a population already stretched that thin
guarantees that millions will be plunged into crushing debt and
destitution in a nation with a historically unprecedented billionaire
class raking in even more unearned wealth.
