By Randall J. Strossen, Ph.D. It's no lie that the guts of a gym, for us, is a barbell, a set of squat racks, and a lifting platform. And while most people who lift weights are no strangers to the first two, unless you snatch and clean and jerk, you probably don't have a clear idea about how to build a good lifting platform.
Corporate welfare. Corporate welfare is a term that analogizes corporate subsidies to welfare payments for the poor. The term is often used to describe a government's bestowal of money grants, tax breaks, or other special favorable treatment for corporations.
Welfare is defined in the dictionary as aid in the form of money or necessities to those in need. Corporate welfare can include tax breaks and grants, amongst other things. Proponents of giving grants and tax breaks to corporations argue that they are necessary in order to lure companies to a country or state.