Government Subsidies or Political Slush-funds?

                       

Some states and especially the Federal government make political efforts by subsidizing some company payrolls. It’s a stupid populist attempt to show concern for workers at those jobs.

                       

One: Taxpayers must pay for  businesses who are not able to make a go of it. Perhaps inefficiencies but also including barriers placed before them by government being restrictive. Such as business taxes and fees.

Two, the assistance will inevitably be politically dominated. The funds will go to companies preferred by the politicians in office. Graft and corruption is always a consequence.

                           

Three, the whole process amounts to nothing significant. Where will it all end, short of Fed or state government winding up in a failing business?

                           

Leave companies alone, without abusive taxation and other restrictions and they will tend to do far better on their own. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)