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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsCommentary: Why isn’t Obama demanding corporate welfare cuts?
$2.6 trillion could be saved without touching safety netIf President Barack Obama and Speaker John Boehner really want to reduce federal deficits, theyre doing a lousy job of it.
Rather than focusing their negotiations on specific and achievable savings that would stabilize our debt for a decade or more, the two leaders have instead been talking about areas of the budget in which theres almost no common ground.
(snip)
Theyre ignoring the most obvious solution: Eliminating unproductive and unnecessary federal spending and tax expenditures, especially corporate welfare that only benefits special interests. If even we didnt have a deficit problem, we should eliminate or minimize this kind of wasteful spending.
And, contrary to what youve been told, there is plenty to cut.
http://www.marketwatch.com/story/why-isnt-obama-demanding-corporate-welfare-cuts-2012-12-18
plethoro
(594 posts)Chris Hayes has expounded on countless times.
Rambis
(7,774 posts)plethoro
(594 posts)ddddddd
Rambis
(7,774 posts)plethoro
(594 posts)wondering if you were NCIS or The Shop.
djean111
(14,255 posts)Obama and Boehner are both corporatists.
Does no good to know how much can be cut if I know that it will not be cut.
Obama never demands anything.
xchrom
(108,903 posts)bahrbearian
(13,466 posts)Mel Content
(123 posts)corporate welfare should only be used when we want to promote new things like trans-continental trains. We should use it today to make clean fuels a reality, high speed trains to replace air traffic not billion dollar companies that don't need it and ship job overseas.
Egalitarian Thug
(12,448 posts)Autumn
(45,042 posts)to his campaign war chest. A corporation gives a hell of a lot more. They take damn good care of their real constituents. The rest of us can shut the fuck up and eat our peas, or cat food if we can afford it.
Metalflake
(4 posts)woo me with science
(32,139 posts)Time to stop pretending that Obama and other corporate Dems work for us.
Time to start figuring out what we do to fix the problem.
jsr
(7,712 posts)And they're job creators, unlike the 47%.
raouldukelives
(5,178 posts)and all the other corporations sucking the life out of America and distributing it to the wealthiest around the globe. They are killing our home and our futures. Support of it is support of the most heinous Republican/Corporatist agendas. It is the support of climate change. Of deregulation. Of suffering and misery for the elderly, disabled and the mentally ill. When will we have had enough. How much money will be enough? When will people stop supporting the market and start supporting America? A future with less famine, more wildlife, more Redwood forests and Coral Reefs is possible. One that contains salmon and Aspens or one that contains Foxconn, warm oceans and slashed safety nets. We have to start today. We have to demand a safer world for children and all living things. Not just with words but with legitimate action. Putting our money where our mouth is. Not where Romney's mouth is for a change.
commenter8
(27 posts)White House petition to end corporate welfare here: http://wh.gov/Qa6f