Corporate Welfare

Editorial in the NY Times today

… as labor standards have eroded, allowing profitable corporations to pay chronically low wages, taxpayers are not only supporting the working poor, as intended, but also providing a huge subsidy for employers by picking up the difference between what workers earn and what they need to meet basic living costs. The low-wage business model has essentially turned public aid into a form of corporate welfare.

I’m sure all sorts of investigations are going to pop-up to find out why this is happening….

Short of cracking down on such welfare frauds, California has an idea worth pursuing…

In 2016, California will start publishing the names of employers that have more than 100 employees on Medicaid and how much these companies cost the state in public aid.


Leave a Reply

Your email address will not be published. Required fields are marked *