Thursday, December 31, 2009

Welfare for rich people

The Federal Aviation Administration has given $240 million to upgrade airports owned by businesses and that are used exclusively for private airplanes, a USA TODAY analysis shows.

The money has aided about 50 privately owned airports — many of them little-used — since the mid-1980s, buying items such as runway upgrades, new fences and airplane hangars.

The funding is unusual because most airports that get federal grants are owned by cities or counties. Supporting businesses that own airports raises questions about whether public funds should go toward assisting private enterprise.

This is welfare for rich people and private enterprise.

How does this "stimulate" the economy?

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