this post was submitted on 20 Aug 2023
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Anyone have the numbers of social welfare spending vs corporate welfare spending for a recent year? Say 2020-2022? I can't find it.
I'm too lazy to look up the numbers, but I think the premise of this argument is rather weak.
Money spend on social welfare, vastly improves poor people's lives. When you spend it on corporate welfare, the money tends to go into the pockets of people who are already pretty comfortable.
This is a simplification of a multifaceted issue, but by and large I think this holds a lot more water than just comparing numbers.
Also: There was a pandemic in the time period given, so there might be some selection bias.
Means testing is something that wastes a lot of public welfare funds and is usually a tool utilized by those who want to cut programs as an example of welfares inability to work. If we got rid of means testing then corporate welfare would be shown for how truly useless it is. I'm not arguing with you or anything, just adding some more detail to the topic