Right now in most of america, family's are struggling because they jobs wages are becoming lower, they lost their benefits, and if they lose their job they cant depend on unemployment. While most americans are struggling they have a false vision that the economy is doing terrible, the economy is doing terrible-for them. But there is a special group of people the economy has favorably rewarded beyond any other point in history. Corporate profits have gone up 400% since barrack obamas term, while their effective tax rate has gone down. Much of this is because corporations are closing down factories and moving them china, vietnam and indonesia where they can make products for dirt cheap and sell them for extreme profit margin. Because of this, corporations should not only stop receiving direct corporate subidies, but should HAVE to pay for food stamps, unemployment, that their workers need since they moved their job overseas, but instead under republican bush we allowed them to get subsidies to build a factory in china and the republicans filibustered a bill that would end tax breaks for job moving corporations but give tax breaks based on domestic employment.
People complain about the fat cats having so much, yet they support politicians giving what amounts to corporate welfare. The government needs to stop picking winners and losers. It is so unfair that they support certain business and not others. If they would treat everyone equally, we would all prosper.
When the government gives money to specific companies in the market( other than bailout money) it's playing favorite. It causes huge profit margins for certain businesses and industry's, but this money never finds its way back into the hands of those who do the main brunt if the work and help the company create or lend services.
Congree needs to stop dishing out their " welfare : to failing businesses. GM and AIG are case in point. There was nothing positive that came out of either of those scenarios. If a company cannot sustain itself, then it fails like all small businesses that are not run properly.
There is no reason for the government to support corporations. These businesses need to look out for themselves. Especially if the extra help does not translate to better wages for workers. If a business can't stand on its own then it doesn't need to be in business. That is just the way it is.