Corporate Welfare Queens Off from the Dole Would be the Best Way to Cut the
previous installments, we’ve noted that we could more than offset the need for
the “sequestration” budget cuts by doing any one or combination of the
quantitative easing by the Fed
another way to offset the need for budget cuts: cut off the welfare queens. (Jamie
Dimon – shown above- and the other Wall Street queens are the largest
recipients of welfare.)
and conservatives agree that we should stop subsidizing the fatcats. For
example, the conservative Cato Institute points out that corporate welfare
amounts to almost $100
billion per year. Cato notes:
welfare often subsidizes failing and mismanaged businesses and induces firms to
spend more time on lobbying rather than on making better products. Instead of
correcting market failures, federal subsidies misallocate resources and
introduce government failures into the marketplace.
corporate welfare may be popular with policymakers who want to aid home-state
businesses, it undermines the broader economy and transfers wealth from average
taxpaying households to favored firms. Corporate welfare also creates strong ties between
politicians and business leaders, and these ties are often the source of
corruption scandals in Washington. Americans are sick and tired of “crony
capitalism,” and the way to solve the problem is to eliminate business subsidy
MORE THEN GET PIFFED OFF! http://www.zerohedge.com/contributed/2013-03-13/cutting-corporate-welfare-queens-dole-would-be-best-way-cut-debt
NESARA- Restore America – Galactic News
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