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.

Story is located here….but there’s more…..

You completely missed the hidden corporate/business welfare of Food Stamps and Medicaid. Low wages mean many working families qualify for these programs. About 85% of Food Stamp users work at these low wage jobs so more profits can go to business owners. It’s estimated that Walmart employees alone use about $2 Billion a year via this hidden subsidy to corporate profits.

If the minimum wage can be eliminated then the middle class can pay even larger subsidies to corporate profits.

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Corporations are pyramid schemes. They funnel money from the sweat of the workers into the pockets of the CEOs. And that should be illegal, because as a worker, you deserve a fair wage, a living wage, and equity in whatever business you are helping to build. Democratic socialism ensures that everyone profits, not just a few greedy pigs that live off the labor of their fellow man. Do you know why minimum wage exists? Because if a business owner could pay you less, they would.

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