"You didn't build that!"

[Winehole23]

Perhaps the biggest boon that the government offers business is the benefit of copyright and patent protection. As the economist Dean Baker shows in his book “The End of Loser Liberalism,” patent protection is worth hundreds of billions of dollars a year to the drug industry alone. And while most of us would find it hard to imagine doing without copyrights and patents, that doesn’t justify the huge expansion of intellectual-property rights we’ve seen of late: the length of copyright has been expanded eleven times since 1962, and the range of things that can be patented has increased hugely, even in areas where, as Judge Richard Posner recently argued, there’s little or no economic benefit to society.


Corporate welfare isn’t necessarily a bad thing. Some of these giveaways arguably do a lot of good. But companies that benefit from these policies are just as dependent on the government as the guy who gets the earned-income tax credit. And, when Romney concentrates his fire on the latter rather than on the former, it makes you wonder if his problem isn’t with government assistance per se, but only with government assistance to poor and working people. Romney may say that he wants small government, but what he’s pushing for is a government that’s small when it comes to helping people and big when it comes to helping business.

http://www.newyorker.com/talk/financ...#ixzz28R4kyHUu

[boutons_deux]

yep, the VRWC/1% hate govt when it helps the 99% (esp the poor, black, browns) but they hide the fact that the 1% loves the govt when it transfers wealth to the 1%, even when that means putting the 99% into debt.