How ridiculous is it that people who complain about “social welfare” don't complain about how we're engaging in “capitalism welfare” by letting companies underpay their workforce and then have the government try to make up the difference. We also federally subsidize corporations (aka corporate welfare) at about a 2:1 ratio of how much we spend on social welfare programs. Fucking Nike alone gets 2.1 billion from state tax incentives and I don't think they even manufacture a fucking thing in the US. According to Nike they employ 73,300 workers worldwide, so Nike has received almost $29,000 per employee worldwide. I can't really find how many US based employees they have, but I imagine it's way less than 30k.
It's difficult to separate the numbers, but when you calculate the state tax breaks and direct federal subsidies It's absolutely mind boggling. Some low end numbers I came up with is 6:1.