Nicholas Kristof  NAILS IT:


In the debate about poverty, critics argue that government assistance saps initiative and is unaffordable. After exploring the issue, I must concede that the critics have a point. Here are five public welfare programs that are wasteful and turning us into a nation of “takers.”


First, welfare subsidies for private planes.…


Second, welfare subsidies for yachts.…


Third, welfare subsidies for hedge funds and private equity.…


Fourth, welfare subsidies for America’s biggest banks....


Fifth, large welfare subsidies for American corporations from cities, counties and states.


 


 ...

Read more

Nicholas Kristof  NAILS IT:

In the debate about poverty, critics argue that government assistance saps initiative and is unaffordable. After exploring the issue, I must concede that the critics have a point. Here are five public welfare programs that are wasteful and turning us into a nation of “takers.”

First, welfare subsidies for private planes.…

Second, welfare subsidies for yachts.…

Third, welfare subsidies for hedge funds and private equity.…

Fourth, welfare subsidies for America’s biggest banks....

Fifth, large welfare subsidies for American corporations from cities, counties and states.

 

 ...

Read more