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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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Monkey Business

cos(b) says, “The kids today need to learn their mathematics, ya see!”

Mathematical proof that Bill Cosby is not square:  

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Iraq War

Fun Facts About Iraq!

The Iraq war will end up costing at least $3 trillion. With that much money, you could end world hunger for 100 years or end American hunger for 100 minutes!

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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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Government Spending

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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Debt Taxes

Debt Will Swell Under Top GOP Hopefuls’ Tax Plans

The national debt would balloon under tax policies championed by three of the four major Republican candidates for president, according to an independent analysis of tax and spending proposals so far offered by the campaigns. The lone exception is Texas Rep. Ron Paul, who would pair a big reduction in tax rates with even bigger cuts in government services, […]

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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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Government Spending

Obama to cut deficit in half… After quadrupling it.

“Obama plans to slash deficit in half” is the title of this AP story. The attribution of fiscal responsibility to our current president is rather misleading. Here’s a graph from a Wall Street Journal article of the annual federal budget deficits over the last 30 years. Graph Source: http://online.wsj.com/article/SB123457407865686565.html Bush’s worst deficit was less than $500 […]

Categories
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.