US government gives millions to corporations with no strings attached
The Whirlpool Corporation is one of hundreds of businesses that get millions in grants from the US government. They money is supposed to help the people in the community get out of financial woes. Whirlpool has outsourced jobs that were once in Benton Harbor, Michigan where the unemployment rate is at about 60 percent.
Max Fraad Wolff, senior analyst at Greencrest Capital, joins us to discuss this issue.