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Corporate Welfare

Quote 604

Welfare states do not transfer resources exclusively or primarily to the poor. In many ways, welfare states victimise the poor for the benefit of those who are more capable of manipulating the system.( the same welfare statement that deliver "Food Stamps" and other food subsidies to the poor also raise the price of the food they buy through agricultural subsidies, restrictions on less expensive imported food, and mandated minimum food prices.

What government does is to take taxation from those industries which are successful, and redistribute some to those which are not.


What I find ironic is that when companies are not making enough profits, it is deemed necessary to prop them up with taxpayer funding due to the “value-added” factor of job creation – a factor perhaps not considered by banks as a lending criteria on its own – but when companies are making profits, it’s somehow evil. Both achieve the same end of creating jobs but only one grows the economy in any sustainable way." Beth Houlbrooke

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