Given the near-constant wave of controversy, name-calling and finger-pointing surrounding the upcoming presidential election, the polarization of the nation’s two primary political parties has perhaps never been more evident. Yuval Levin’s “Fractured Republic: Renewing America’s Social Contract in the Age of Individualism” looks to examine the root causes of the nation’s notable division, and it does so by discussing, at length, one of those root causes he believes is especially significant: nostalgia.
Critics of corporate subsidies argue that it’s outrageous to have taxpayer money feeding into the wealth of corporate entities. Others contend that strategic subsidizing is necessary to vitalize innovation and serve those not served by private interests.
Do subsidies fill an important role in the public interest, or is it time to pull the plug on what some have termed corporate welfare?