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Robert Reich: Coronavirus and the Height of Corporate Welfare

Robert Reich: Coronavirus and the Height of Corporate Welfare Former Secretary of Labor Robert Reich breaks down how massive corporations are shafting the rest of us in order to secure billions of dollars of taxpayer-funded bailouts.

Mega-industries like airlines, hotels, and cruise ships each got a piece of the $500 billion corporate slush fund, while the rest of America got left with crumbs.

For decades these companies and their billionaire executives have been dodging taxes, getting tax cuts, shafting workers, and bending the rules to enrich themselves. There’s no reason to trust them to do the right thing with billions of dollars in taxpayer money. Corporate welfare is bad enough in normal times. Now, in a national emergency, it's morally repugnant.

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