Corporate welfare is when the government favors certain businesses in the form of direct subsidies, tax credits, or favorable regulatory schemes. Sometimes this practice is referred to as “economic development.” This label creates a dangerous misconception about corporate welfare, which is known to hinder, if not reverse, economic growth.
Economy
‘Sparkle Beach Ken’ Is Too Kind To Gavin Newsom
The California governor correctly figures that if he stays on offense, his own dismal record will be ignored — even if that offense is odd. Being Gavin Newsom means never having to explain yourself — being able to hurl accusations and nonsensical claims with nary a follow-up from the press. Newsom’s foray into the World...
January 23, 2026