4 ms·
> Here's a different take on it: subsidies tend to help both the upper and lower ends of the economic strata. The lower benefits directly and, in cases of busin
by emn13 7y ago
> Here's a different take on it: subsidies tend to help both the upper and lower ends of the economic strata. The lower benefits directly and, in cases of business elite, they may benefit from effectively being able to maintain lower wages. So who gets pinched? The middle class, which I think most would feel are necessary for a stable society. Some of our biggest gains as a country came from when the middle class made the largest strides. Not sure I know enough to make that claim, but it's one that's bandied about.
Makes a lot of sense - but like you, not sure whether sense implies truth.