As the GOP continues to slash funding for welfare and other safety-net programs for low-income families, they conveniently ignore that it’s the handouts to corporations — not Americans in need — that are destroying the economy.
“Corporations aren’t people, despite what the Supreme Court says, and they don’t need or deserve handouts,” said economist Robert Reich on his website.
“When corporations get special handouts from the government … it costs you. It means you have to pay more in taxes to make up for these hidden expenses,” he continued. “And government has less money for good schools and roads, Medicare and national defense, and everything else you need.”
Watch Reich explain how ending corporate welfare would save the economy.