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Corporate Welfare Federal Reserve Financial Sector GDP

Financial Sector Costs Us More than Any Other Sector In Economy

The financial sector receives more of the average paycheck than any other sector of the economy.  Its share of the economy totals $2 trillion dollars. In 1985, the financial sector earned less than 16% of domestic corporate profits.  Today, it’s over 40%. In the 1960s, finance and insurance accounted for only 4% of GDP, whereas in 2007 […]

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Corporate Welfare

Voters See ‘Corporate Welfare’ Programs As A Good Place To Cut Government Spending

15% of likely U.S. voters think the federal government should continue to provide funding for foreign countries to buy military weapons from U.S. companies. Seventy percent (70%) oppose this funding to promote U.S. arms sales.

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Corporate Welfare Healthcare Podcast

Government Pays Doctors $44,000 to Use an iPad

Now starving doctors will finally be able to afford an iPad thanks to your generous tax contribution!

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Corporate Welfare Government Spending Welfare

Government Spends More on Corporate Welfare Subsidies than Social Welfare Programs

About $59 billion is spent on traditional social welfare programs. $92 billion is spent on corporate subsidies. So, the government spent 50% more on corporate welfare than it did on food stamps and housing assistance in 2006.

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Corporate Welfare

What Would Have Happened If We Let AIG Fail?

The average household in America had to shell out around $2000 to make sure that AIG’s counter-parties wouldn’t have to accept the risks they took.

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Corporate Welfare Government Spending

Bailout Costs $16,000 per Worker

A clear examination of the true costs of the bailouts.

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Corporate Welfare Economics Financial Sector GDP

Historical Examples Show Government Intervention Only Prolongs Economic Downturns

We’re taxing successful, competently run businesses to subsidize irresponsible, poorly run businesses. Until we realize this simple fact, the previous trend of increased productivity and standards of living will only be a memory.