lusionSome companies receive public services at reduced rates, while all others pay the full cost. Some companies are excused from paying all or a portion of their taxes due, while all others must pay the full amount imposed by law. Some companies receive grants, low-interest loans and other subsidies, while all others must fend for themselves.In the end, that's corporate welfare's greatest flaw. It's unfair. One role of government is to help ensure a level playing field for people and businesses. Corporate welfare does just the opposite. It tilts the playing field in favor of the largest or the most politically influential or most aggressive businesses. ‘All this is in service of a system that may produce jobs in one city or state, thus fostering the illusion of an uptick in employment. But it does not create more jobs in the nation as a whole. Market forces do that, and that's why 10 million jobs have been created since 1990. But most of those jobs have been created by small- and medium-size companies, from high-tech start-ups to franchised cleaning services. FORTUNE 500 companies, on the other hand, have erased more jobs than they have created this past decade, and yet they are the biggest beneficiaries of corporate welfare.’Donald L. BarlettIn conclusion, Corporate Welfare must be cut down to a minimal amount. There should be strict controls and regulations. With the destabilizing effects of corporate downsizing on American workers and their families, we should not be providing incentives for American corporate giants to invest abroad; taking advantage of low wage costs, lower standards, and often-exploitative working conditions of Third World countries, rather than reinvesting and creating good jobs at home. We need to raise their standards toward ours, not lower ours to meet theirs in this increasingly global economy.It is also important for us, the consumers, to be aware of the products we buy and actively save the ec...
