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 damaging misconception about corporate welfare, which leads to economic contraction rather than expansion.
Economy
Sen. Tan Parker: Texas Must Win the “Space Race” for AI
State Sen. Tan Parker used a recent appearance on The Arena with Greg Sindelar to argue that Texas is entering a decisive period—one in which cyber defense, artificial intelligence, financial markets, transportation and traditional family values will determine whether the state continues to lead the country. Parker framed public service as “ministry” and said his...
May 5, 2026