National Public Radio: on Welfare & Poverty

Ralph Nader: Training & earned income credits are corporate subsidies

A: Well it certainly took the steam off the drive for raising the minimum wage or at least adjusting it for inflation -- the earned income credit. Now it’s become very complex and embroiled in Congressional politics. But the job training programs were more a subsidy to corporations who really didn’t create many jobs with all these billions of taxpayer dollars it received over the last 25 years. Corporate Welfare is alive and well. The Corporate Welfare programs in the federal government are double the poverty welfare programs -- if you look at tax expenditures and all the direct subsidies and giveaways and bailouts and loan guarantees, etc. That should be a major agenda.