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Democrats claim to oppose "corporate welfare" and say Republicans are the party constantly giving the big corporations "corporate welfare" in the form of tax breaks and relaxed regulations. They claim to be the ones to eliminate it. This is one of the biggest lies told. First let me say, I do not like either party and believe the American political system is full of frauds, liars and criminals. I am pointing out a lie, but unlike others do not use this lie to imply the other side is honest. Neither side is, and they accomplish the same thing with two different methods.
Dems support redistribution of wealth by taxing the haves and giving the money to the have not's. Sounds good on the surface, but think about where that money goes. Poor people getting poverty checks from the government are destined to always be poor. Poor people as a general rule have poor spending habits. Not always, but usually so. Poor spending habits include impulse buying, high consumption of low value foods like fast food and prepackaged food items, purchase of cheaper shorter lifespan hard goods like appliances and almost never saving back any money for emergencies. They often neglect basic health care and dental preventative treatments. Not all of this is their fault. It is insured by the welfare system trapping them in a cycle of never ending poverty. If they make any money or improve their lot in life much, the welfare is reduced or cut. Watch the Pruitt Igoe Myth on YouTube for an insight into the lives of poor blacks trapped in that system.
This is the perfect customer for:
WalMart
Payday Loans
Credit Card Companies
Hospitals and Clinics
Junk Food Suppliers
Major Packaged Food Companies
Buy Here Pay Here Car Sales
There are more, but you get the drift. All of those industries spend tons on lobbyist. The welfare money goes from the taxpayer, through the welfare redistribution system, and then right though the fingers of the poor to corporate America. The lobbyist take good care of the bought and paid for politicians and vice versa. How wonderful when they can guarantee the customers of WalMart etc. have a steady check at the taxpayers expense.
Republicans hand it out in tax breaks and the Democrats hand it out in welfare, but that money goes straight to corporate America no matter what the lying politician on either side says. The newest corporate welfare scheme is college tuition, which will also be funded by the taxpayer and end up in the hands of the number one propagandist in America today, the universities.
When the poor gets more money, they spend it here. Which helps the economy. Whether its fast food or clothing or phones, it still goes to the corporations. The poor have to spend money for the rich to make money. Give a better minimum wage, start programs for people to get better educated, everyone benefits.
When the rich get corporate welfare, they put it in places that only benefit them. Banks, stock buybacks and offshore accounts dont help the working man. They all know this and are wondering how long they will get away with it. Higher taxes on people making more than 10 million is good for the economy. Capital gains, estate taxes, whatever was deregulated during the bushes can get re-regulated. The rich wont suffer from it, they will just find other ways to make up the money. No one in their right mind should be encouraging corporate welfare while demonizing poor people welfare. Its the same thing except poor people welfare goes back into the economy. Rich people take advantage of skirting the system.
The haves need the have nots to keep spending, thats all there is to it. All of the democrats and republicans know this.
The only way poor people would change eating habits is through trends. Once everyone else stops eating fast food, they will.
When the poor gets more money, they spend it here. Which helps the economy. Whether its fast food or clothing or phones, it still goes to the corporations. The poor have to spend money for the rich to make money. Give a better minimum wage, start programs for people to get better educated, everyone benefits.
When the rich get corporate welfare, they put it in places that only benefit them. Banks, stock buybacks and offshore accounts dont help the working man. They all know this and are wondering how long they will get away with it. Higher taxes on people making more than 10 million is good for the economy. Capital gains, estate taxes, whatever was deregulated during the bushes can get re-regulated. The rich wont suffer from it, they will just find other ways to make up the money. No one in their right mind should be encouraging corporate welfare while demonizing poor people welfare. Its the same thing except poor people welfare goes back into the economy. Rich people take advantage of skirting the system.
The haves need the have nots to keep spending, thats all there is to it. All of the democrats and republicans know this.
The only way poor people would change eating habits is through trends. Once everyone else stops eating fast food, they will.
I think you missed my point. The post is about the politicians and the way they sell their agendas by disguising them. Neither side has any interest in helping the poor or middle class. They serve their corporate masters and thus are rewarded. My point was Democrats and Republicans seek the same results using different methods. You are wrong about welfare. The poor are not spending money, the taxed citizens are. If I give you $20.00 to run to the store and spend, you didn't spend the money, I did. Welfare is simply tax based wealth redistribution. The poor are just a tool the politicians use to get the money from the taxpayers to the corporations.
The tax breaks corporations get are often used to reinvest thus creating more jobs. They are also used to pay dividends to shareholders. In addition shoring up the bottom line increases stock prices which are the gear that drives most middle class retirement funds. So in some ways corporate welfare helps the economy. But, I don't support corporate welfare in any manner.
Also there wont be this magic tax on the rich. It will hit everyone. Your own words, "The rich wont suffer from it, they will just find other ways to make up the money." are a fact. Take money from the rich, and they will take it back from the middle class. This dream that politicians are going to tax the rich and help the middle class has been pushed for years. It is a fairy tale.
As to this one, "No one in their right mind should be encouraging corporate welfare while demonizing poor people welfare." where did I encourage it? I am against any corporate welfare, and that includes giving credit cards to poor people who run to WalMart, AT&T, Mediacom, etc. Not because I hate poor people. I hate the system that keeps them that way while taxing the middle class.
The welfare system has been in full swing since about 1964 I believe. It has grown immensely and hasn't done a thing to alleviate poverty.
If Republicans go straight to tax breaks and relaxed regulation that is corporate welfare.
If Democrats go straight to social programs which in turn means the corporations receive the money through the trillions spent on Walmart/fast food/latest gizmos that's not corporate welfare?
Isn't it both corporate welfare just funneled differently? Furthermore, don't you think the corporations and the government (one in the same) enjoy the illusion of choice going on here? Meaning that when the GOP wins, corporations win. And when the Dems win, the corporations win.
I heard one of the biggest issues with welfare is having a ceiling. which is understandable. But basically, if you make too much, you lose the welfare but you don't make enough to live without it. What's missing is an overlap.
So it's a midpoint in which the person would be too poor to have a living wage, but not poor enough to have welfare.
Like if you finally get a better job but need time save and once you save enough, you can detach. Perhaps people can be given a time frame. "oh, you just got a better paying job? Ok, you have a year to save and get situated, after that your on your own".
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