The Shocking Numbers Behind Corporate Welfare Link

From David Johnston at Aljazeera America comes this detailed summary of the state of welfare for the rich.

Federal, state and local governments publish exhaustively detailed statistical reports on welfare to the poor, disabled, sick, elderly and other individuals who cannot support themselves. The cost of subsidized food, housing and medical care are all documented at government expense, with the statistics posted on government websites.

But corporate welfare is not the subject of any comprehensive reporting at the federal level. Disclosures by state and local governments vary greatly, from substantial to nearly nonexistent.

I’m sure there are plenty of arguments about the necessity of corporate welfare to maintain a thriving economy and job market. On the other hand, that’s really not free-market capitalism either.

On a related note, Aljazeera America continues to be one of the best media and journalism outlets today, even if they’re idiotic about evolution.