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Politics : Formerly About Advanced Micro Devices
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To: Mongo2116 who wrote (919405)2/5/2016 9:57:16 PM
From: TimF  Read Replies (1) of 1574096
 
With a figure like that for "corporate subsidies" they have to be using a rather dubious definition for the term. That is if they didn't just make up a number that sounded good and threw it out there.

Which is not to say that corporate subsidies are insignificant, or that they shouldn't' be done away with, but when there is a fight about actual corporate subsidies and bailouts, frequently its the Democrats pushing hardest for them.

Actually it has to be just a number they made up and threw out there. Dubious definitions wouldn't be enough. They say $247.75 for defense, and $4000 for corporate subsidies. That means that the corporate subsidies would have to be over16 times as big as the defense budget. The defense budget is around $600bil. So corporate subsidies would have to be $9.6 tril out of a total federal budget of more like $4tril, and with total corporate profits of about one and three quarters trillion.

In other words that number is pure fantasy.
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