Sunday, December 16, 2012

Welfare Incentives—II

Money for Nothing

 ~ Why invest in new products, plant or equipment, and hire more workers (jobs!) to make it happen, when the rate of return is so much higher from lobbying?

Welfare payments to industry

Time to cut the subsidies. We can expect corporations to work harder, just as people must, if they have less handed to them for doing nothing.

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