Thank you for the link Tina.
I read the article and wish to clarify something prior to responding. Although the article was posted/penned by NOW my response is not in disagreement with woman's issues.
What is a recession? That’s when your neighbor loses his job. What is a depression? That’s when you lose your job!!
In short I am in disagreement with the concept portrayed by liberals when they use the term "corporate welfare". They have found a term which conveyed disdain to the middle class “welfare” and using linguistics they have molded it into a term to portray capitalism as evil.
Capitalism is the source of all wealth. Capitalism is the only morally and ethically correct economic system, because it is based on voluntary exchange and not coercion. The alternative branches toward socialism, collectivism and altruism. Everyone hates corporations – they have become the evil big brother. People need to look at what the purpose of a corporation is: to make money. Unashamedly, I repeat, the purpose of a corporation is to make money. The money is in the form of profit which goes back to the owners of the corporation. In order make money the corporation realizes that they need demand and duplication. Demand gives rise to the need for duplication which in turn breeds a need for workers to perform duplication. Workers are people who need jobs to make their own money. Without corporations there are no jobs. The bigger a corporation the more it needs to meet demand and duplicate effort – thus providing jobs. If demand drops then the need for duplication drops and so do the jobs….and then the corporation is accused of being disloyal.
Is that truly the case? To answer put yourself in the position of an owner. Ok so most people don’t own companies directly. But they do own investments either in stocks, mutual funds or pensions. Thus most (yes there are exceptions) people are owners….and what do they do when the company in which they own stock starts experiencing slowdowns or losses? They complain because now their investments (shares) start to slump and they blame the corporation again. So the corporation, which they own, starts to look for efficiencies and cost cutting (other people’s jobs) in order to make its owners happy. Now you are happy because your stock starts going up again as earnings start increasing, but the laid off workers they hate corporations….
