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Welfare for the Rich

John Stossel on

Congress passed the $2.2 trillion Heroes Act.

House Democrats said it gives money to "governments who desperately need funds."

But it also gives lots of money to people who don't need funds.

Maryland, which even The Washington Post admits is "flush with cash," got enough extra money to pass a budget that "hands bonuses to every state worker."

Even Atherton, California, where the median home price is $6 million, got Heroes Act money.

"There was no means test!" complains Lisa Conyers, author of "Welfare for the Rich," in my latest video.

 

Omni Hotels & Resorts received $68 million in loans. Major airlines got $25 billion in loans from the CARES Act.

"Who wouldn't like to play Santa Claus?" asks Conyers. "Who wouldn't like to just be able to give everybody some money?"

Welfare for the rich didn't start with coronavirus relief bills. Politicians have done it for years, and a pandemic didn't stop them.

Nevada politicians gave Oakland Raiders owner Mark Davis $750 million for a new stadium. A stadium designer says Davis insisted on the very best, including natural grass on a field that "moves in and out of the building in one piece."

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