You sure you're pissed at the right people?

[ConservativeDemocrat]

34. Bogus numbers don't help much

So I went to the commondreams.org link. It quoted a "study" by the Libertarian CATO institute, which came up with this absurd number of "corporate subsidies". Here's a quote:

The federal government will spend almost $100 billion on corporate welfare in fiscal 2012. That includes direct and indirect subsidies to small businesses, large corporations, and industry organizations. These subsidies are handed out from programs in many departments, including the departments of Agriculture, Commerce, Energy, and Housing and Urban Development.

So, when HUD gives money to poor and middle class people for housing assistance, the CATO institute calls that "Corporate Welfare". When it pays for R&D and University Grants - "Corporate Welfare", the Minority Business Development agency? Corporate Welfare, the Advanced Technology Vehicles Manufacturing Loan Program? Corporate Welfare. High Speed Rail? Corporate Welfare. Community Development Block Grants? Corporate Welfare.

Not even going into the fact that most of this "welfare" are actually just loans, and that the vast majority of that money will be (or already was) paid back, a lot of this so-called "corporate welfare" like the Rural Utilities Service isn't even spent on non-governmental services. Yes, according to CATO, building hydroelectric dams in the west is "corporate welfare".

This only goes to prove that Scuba, like so many of the hard anti-Democratic left around here, are so extremist that they make common cause with the extreme right. The fact that they're siding in their graphics with CATO and Romney, wanting the Detroit auto industry to go bankrupt and whining about Solyndra, speaks volumes. I find it all downright disgusting.

- C.D. Proud Member of the Reality Based Community