Philly the Kid wrote:TenuredCletus wrote:Um, hate to break to you, but welfare (AFDC) was eliminated more than 10 years ago.
Really hate to break it to [y]ou -- but we don't have a free market because of the welfare to corporations which dwarfs anything ever spent on the poor and disnenfranchised.
What we need to do is stop welfare to the corporations, let them go out of business, and create massive unemployment. (Note massive hyperbole) Corporate "welfare" is a complicated issue. Republicans don't support it. It's anti-free market.
Republican philosophy says, "Forget them. If they can't run a successful business, find someone who can. All the people who lose their jobs need to find new ones. Successful businesses increase the number of jobs."
Democratic philosophy says, "The employees did a great job. The government needs to help them, not stupid management."
Of course, both parties have heavy corporate influence. Do a Google search and you'll find dozens of corporations that are funding both conventions.
Setting that aside, companies going bankrupt do have massive layoffs and negatively effect markets. No one wants unemployment and entire industries failing. Both Republican and Democratic economists advocated bailing out Bear Stearns.
PTK, I know you're anti-corporation, but consider the number of people a company like Exxon Mobil employs, the number of people employed at companies they do business with, and the number of people employed where Exxon Mobil employees spend their money. Consider that nearly half of Exxon Mobil's stock is own by union pension funds, investment funds, and mutual funds. The better Exxon Mobil does the better your 4th grade teacher's retirement will be.
We need to help the poor and disenfranchised. But we don't need to do things that'll create more poor and disenfranchised in the process.