Corporate Welfare
Definition: any federal spending program that provide payments or unique benefits and advantages to specific companies or industries.
Fact
· The U.S. government spent 92 billion in direct and indirect subsidies to businesses and private sector corporates entities. This is a complete waste of money!!! The money that is being put towards businesses that don’t need the subsidies that are sponsored by the government can be going towards peoples who companies really need it, or more importantly toward organizations that will benefit poverty stricken house hold.
· People who usually support corporate welfare are only in favor of it when the government bells out their lucrative businesses for making poor “investments”. They justify “themselves” the government as remedying some sort of market failure.
· Subsides: support of any organization or activity financially
· Gives money to pay a subsidy, sponsor
o Monopolies: the exclusive possession or control of the supply or trade in a commodity or service.
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