Companies should never be too big to fail. If a company fails, the free market should apply and the entity should go bankrupt. When individuals can't pay their bills, they petition a bankruptcy court for help. When corporations can't pay their bills, they should do the same. There shouldn't be corporate welfare because huge companies already get enormous tax breaks from the government to keep people employed. The only reason huge companies get bailed out is to keep financial crises from getting worse.
Without a doubt, corporate welfare shouldn't exist in any form. The federal government shouldn't bail out private businesses when they run into financial trouble. Corporate welfare is a gigantic waste of our country's resources. In reality, companies should be able to manage themselves well enough to avoid major financial ruin.
Corporate welfare is bad. If a business is about to go bankrupt, that means either their products were not up to par, or they were not going to be a successful business in the future. The government should allow the business to die, and not try to keep it alive by giving it welfare.
Any time someone brings up welfare for individuals being bad, I like to bring up that we give away hundreds of billions of dollars every year to corporations in the form of welfare. And people will defend that practice as much as they will attack someone on food stamps, so bizarre. But the bottom line is that a lot of corporations are getting rich off our tax money, and that's bad.
Corporate welfare is bad. Corporate welfare is a term that analogizes corporate subsidies to welfare payments for the poor. The term is often used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment on corporations or selected corporations, and implies that corporations are much less needy of such treatment than the poor.
No, corporate welfare is not inherently bad. As much as we all like to be disgusted at the bonuses corporations give to their undeserving CEOs, we sometimes forget that corporations emply thousands and thousands of people. Without government bailouts, those thousands and thousands of people would find themselves out of work.
You can't blame the people on welfare for wanting to live properly. While 50% of the population stay on top, you are telling everyone that they don't deserve the life you have, simply because they can't find a job. The government tries to help by giving them enough money to get back on track, and you give it a bad reputation, simply because the government is trying to treat everyone fairly. We are all human beings, who have screwed up our planet, and we can't even get along with each other. We are constantly told that the future is better, when we are just seperating the rich from the poor. This planet will only progress, when we figure out what we're doing to it and give everyone a fair contribution. I'm no einstein, but it feels like i'm the only one on this side, so i'll fight with every weapon I have.
So what do you suggest? Get rid of corporate welfare and then immediately see the repercussions? Thousands upon thousands upon thousands of jobs lost. Great Depression 2. 0.
There are reasons things like that are in place. We can all bitch and complain about how "unfair" it is that the top 1% makes more than the entire country combined. But do you know why? Because they found a need in society and filled it. Capitalism. You create money and jobs, And in return also make a lot of money. We use Walmart, Amazon, Facebook, Twitter, Snapchat, Etc EVERY. SINGLE. DAY. But corporate America is the bad guy? We are the consumers. We choose. No one else does. So when people bastardize these CEOs for the amount of money they make, It just makes no sense. We are the reason they make so much, And when you take that ability away, We all lose.
Simple as that.