Here are five public welfare programs that are wasteful and turning us into a nation of “takers.â€
First, welfare subsidies for private planes.
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Second, welfare subsidies for yachts.
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Third, welfare subsidies for hedge funds and private equity.
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Fourth, welfare subsidies for America’s biggest banks.
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Fifth, large welfare subsidies for American corporations from cities, counties and states.
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Some conservatives get this, including Senator Tom Coburn, Republican of Oklahoma. He has urged “scaling back ludicrous handouts to millionaires that expose an entitlement system and tax code that desperately need to be reformed.â€
http://www.nytimes.com/2014/03/27/opinion/kristof-a-nation-of-takers.html
Great article by Mr. Kristof today.