Benefits Quote by John Kasich
“When we give a subsidy, the benefits to the public ought to exceed the benefits to the company. When it doesn't, that's our definition of corporate welfare.”
About This Quote
Subsidies should generate greater public benefit than private profit; otherwise they become corporate welfare, a misuse of public resources.
In simple terms: Public aid must outweigh private gain.
Key Takeaway
Policy should prioritize societal benefit.
Themes
economics
public policy
fairness
government
Mood
critical
concerned
Type
political
analytical
When to use this quote
- evaluating tax breaks
- designing renewable‑energy incentives
- assessing pandemic relief funds
Key Concepts
cost‑benefit analysis
moral economics
Practical Applications
- apply rigorous impact assessments before granting subsidies
- ensure transparency of benefit distribution
Questions to Reflect On
- What metrics best capture public benefit?
- When might a small private profit be justified by larger societal gains?
A Different Perspective
Measuring indirect public benefits can be complex, leading to undervaluation of long‑term gains.
![“[The Dalai Lama] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could, and still things get worse in Tibet." If you look at it from one point of view, as he himself says, his monastic position of forbearance and nonviolence hasn't reaped any…” quote by Pico Iyer](https://sms4smile.com/quotes/img-quotes/9fe/pico-iyer-1252_benefits_the-dalai-lama-told-me-some-years-ago-i_678.jpg)
