Difference between revisions of "Welfare"
Qrrbrbirlbel (talk | contribs) |
PhilScheur (talk | contribs) |
||
| Line 5: | Line 5: | ||
==Corporate Welfare== | ==Corporate Welfare== | ||
| − | This is a pejorative term used to describe business subsidies and tax breaks, especially for large [[corporation]]s. | + | This is a pejorative term used to describe business subsidies, bailouts, and tax breaks, especially for large [[corporation]]s. |
==Notes== | ==Notes== | ||
Revision as of 17:41, April 25, 2008
Welfare is a government program paid for by the taxpayers that gives money to the poor through wealth redistribution. It is strongly opposed by most conservatives.
Welfare in the United States
Welfare in the United States has been growing for many years. The welfare system was established by President Franklin Roosevelt, and extended by Lyndon B. Johnson and the Great Society. Opponents say that, since 50% of Americans pay over 96% of the taxes, [1] welfare is a socialist policy. Supporters may cite the effectiveness of Roosevelt's policies to help end the Great Depression.[2] Welfare also comes in the forms of food stamps, free school lunches, and Medicaid.
Corporate Welfare
This is a pejorative term used to describe business subsidies, bailouts, and tax breaks, especially for large corporations.
Notes
- ↑ Jackson, 2007
- ↑ http://www.english.uiuc.edu/maps/depression/overview.htm