20/20 vision not revealed in 2020 | The Butner-Creedmoor News
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Letter to the Editor

20/20 vision not revealed in 2020

Posted on December 23, 2020

Updated on December 29, 2020

OpinionLetters
The Butner-Creedmoor News welcomes letters to the editor of 350 words or fewer. Letters should be signed with the writer's name and hometown. Include a phone number for verification purposes. Phone numbers are not published. Email your letter to the editor to editor@butnercreedmoornews.com.

Stock image | Metro Newspaper Service

The Butner-Creedmoor News welcomes letters to the editor of 350 words or fewer. Letters should be signed with the writer's name and hometown. Include a phone number for verification purposes. Phone numbers are not published. Email your letter to the editor to editor@butnercreedmoornews.com.

John Mayo of Butner gave his opinion on the year 2020 here on Dec. 14 (“20/20 vision revealed in 2020") and mentioned problems of that year. I agree.

Our capitalist economy has a crash, bust, crisis, recession, downturn, depression, etc. every 4-7 years and we make no changes in that weak system.

In 2020 our economic downturn started in February and the pandemic started in March. We had no stockpile of medical equipment needed because our government failed us and private capitalism can’t be expected to do that; it is interested in profit only.

For the military–industrial complex, we need the government to guarantee production from the private sector. We socialize the military needs. Many countries of the world did much better than we did by having their government socialize the shut-down and control of their pandemic.

A recent U.S. Census Bureau study found 33% of U.S. people having a hard time covering basic household expenses and 33% expect family job loss or pay cuts or fewer hours over the next few months and 33% expect eviction from homes or apartments. Then 12% report “they do not have enough food” and 5.7 million families said “We often do not have enough to eat.”

There has been a system-wide decline in the standard of living in the U.S. Sixty million people applied for unemployment insurance in 2020 — that’s half the workforce. The wealth gap has been increasing intensely this past year with the stock market soaring; 80% of stock is owned by the wealthy.

The Federal Reserve Bank of the U.S. is pumping money into the system which ends up in the stock market. So the Fed Bank is supporting those who need the least help and not helping those who need it the most. The Fed Bank Governor of San Francisco stated recently: “All of this is making our country more unequal and it will come back to haunt us.”

Unequal/unjust and irrational solutions all around. Perhaps some corruption thrown in.

Incarcerated people in U.S. are 698 per 100,000. Oklahoma is the worst, 1,079 per 100,000; Vermont least, 328 per 100,000. Germany has 78 per 100,000, Sweden 57 per 100,000, Nigeria 36 per 100,000. Jail is our solution for major problems.

Frank McKay
CREEDMOOR

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