good thing you "were ready" for the medicaid (and SS) argument. too bad you do next to nothing to rebut it. none of your links effectively back your assertion about the size of corp welfare relative to the size of social spending. none of those programs approach even the size of just medicaid by themselves. you don't even need to mention other social welfare programs to disprove your claim.
although you haven't tried to make it, the "$9tril in cheap loans" argument might be an effective one, if it weren't so obviously, purposefully misleading.
bottom line: corp welfare is a problem. and it's a problem that is dwarfed by our social spending. also dwarfed by any tax cuts you cry about for corps are the ones given to the middle&lower classes by W.
everyone knows corp welfare is a huge problem, and many here will happily denounce it- you don't need to lie to overstate the size of the problem. just because it's not remotely as big as our social spending doesn't mean conservatives think it's ok.
Is it that hard to capitalize the first letter of a sentence? And is it that hard to write out words completely? I feel like I'm reading a teenagers text message.
everyone knows corp welfare is a huge problem
In a couple days of bringing up this topic, multiple people didn't even know what a subsidy was, they thought it was a tax deduction. So I'm not buying this awareness you speak of.
Honestly sir, you're writing pattern (which I can tell is your speech pattern) is that of a very average intellect and modest education. I don't mean to be rude because you are right in a way, but you're also wrong.
PS. There was more than just the cheap loans portion. So on top of the 100 billion given annually to the corporate interests you have tax preferences, often called “tax expenditures,” are the functional equivalent of direct outlays. Failing to tax is not the same as spending, since all income does not belong to the government. However, when the government provides a narrow exemption from general tax obligations it essentially is writing a check. While appropriations have some level of transparency, tax preferences often are obscurely drafted and dropped into larger bills, hidden from public view. Taxpayers then are unaware that they are being looted.
You also have regulations which act as another common form of corporate welfare. Federal rules limit competition, provide competitive advantage, and reduce consumer power.
Then there is trade protection. Tariffs and quotas act as direct subsidies for domestic industries at consumer expense. These rules spread distortions widely throughout the economy, costing billions of dollars. For instance, raising the price of steel harms the auto industry, both raising prices and reducing competitiveness.
There is a lot more than just the 100 billion, yes social welfare insanely high, but this attitude (as you've displayed here) that corporate welfare it's merely a freckle on the face of the problem is just downright ridiculous. This isn't necessarily about attacking corporate welfare and choosing sides, I agree social welfare is out of control. I'm just making an observation that 99% (probably more like 100%) of people that bitch about lazy people relying on the government do not even consider what is going happening on the corporate side.