I told everybody so. As one who hates to say, “I told you so,” I cannot resist it now.
In the ‘90s, women on welfare were considered tax burdens and reforms were touted to save taxpayers money, but left corporate welfare untouched.
Little or no attention was paid to the fact that these women spent their money and helped stimulate the economy. And they had social workers to keep score. But, it was called wasteful spending.
Now some of these corporate types are stepping up to beg for a chunk of that $700 billion taxpayer-funded bailout without any accountability. Those early handouts to AIG, and the like, haven’t trickled down anywhere. Average people have got to be saying that poor people don’t matter since government tripped all over itself to bail out these wasteful spenders, some of whom had lavish retreats and were paid exorbitant bonuses
Taxpayers were jubilant about welfare reform because they didn’t want to help poor women, but these wealthy corporations and Wall Street are sinking the economy. Let’s hope that we’ll get corporate welfare reform with strings attached before these giants
bankrupt the country.

– Joyce E.