| mrstickball said: No, its not compassionate. Compassion is getting off your rear end, and going to a homeless shelter or food pantry and either giving money to help them buy products to help the needy, or doing work yourself. That is compassion. Welfare is....Welfare. There is no real way to define it other that the word exists in and of itself. @PS3beats360 - Where exactly did the near-$1 trillion stimulus help the US economy? |
Most of the trillion stimulus was spent to prop up banks and nationalise failing businesses. Measures to stimulate aggregate demand would have been better than $1 trillion Corporate welfare.
Spending from government and private consumers creates jobs. Corporate bailouts given to banks is hoarded and not spent/invested into the economy to create jobs.
Banks and Big Business wins every time: Huge Profits from interest of consumers in the good times and Banks get bailed out during economic downturns/recessions. International banks and Big businesses are too big to fail.
