Made to Fail

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Chapter Six: Flatlined in North Carolina

Season 1, Ep. 6

In just North Carolina alone 10 hospitals have closed in the last decade, with 7 of those hospitals closing in the last 5 years. 


For the hospitals still in operation, it's not just coronavirus that has the staff overworked and on edge...it’s the entire medical system. Many of North Carolina’s hospitals are rural hospitals, serving those on the lower end of the economic spectrum. For people living in these parts of North Carolina, it’s the only medical and emergency care for hours. 


The pandemic has forced a halt to elective procedures and surgeries, disrupting the already thin cash flow. Many are preparing for the worst. 


But that’s not all. Low income and rural communities have some of the highest risk pools for coronavirus on top of the litany of other medical needs of these areas. Beyond the hurdles of just getting to a hospital lies a much deeper problem people across the country are struggling with.How will they pay for this?


Poor residents, with low access to care, a crumbling medical infrastructure, a spreading global pandemic, and to top it all off, an administration that’s pretending the pandemic doesn’t exist. Our medical system was Made to Fail.

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10/5/2020

Chapter Seven: Sold Out in Maine

Season 1, Ep. 7
The Paycheck Protection Program was co-written by Maine’s very own Republican Senator Susan Collins, and it was signed into law as a means for small businesses with fewer than 500 employees to pay their workers and keep operations running during the pandemic. But, a loophole written into the program allowed for several major chains to receive millions of dollars in PPP loans from the same finite bucket of money, leaving crumbs for small businesses who followed the strictest of rules. Those loans, which made up a $349 billion stimulus effort were exhausted after just two weeks.The loophole is one reason that small businesses got so little when it came to the PPP loans, But then, there’s also the fact that banks were administering these loans. As banks were deciding the fate of businesses everywhere and making big profits, businesses all across the country were closing their doors and laying off workers. By April 23, more than 30 million people across America had filed for unemployment. This number has continued to rise. But that same month, in April, the S&P 500 and the Dow had their best months since 1987. The stock market was rallying...Why on the one hand did we see so many businesses close and massive job losses one day and see the stock market soaring the next? What does it mean that we have consistently seen both of these trends throughout a global pandemic? The links in our economic system that ensure when businesses profit, the people who work for those businesses profit as well, are fundamentally broken.