The politician called the failing company a corporate welfare bum.
corporate welfare bum
idiomA business corporation or business executive receiving significant financial assistance from government sources.
Origin
first recorded 20th c.Coined in 1972 by Canadian labor leader and politician David Lewis (1909-1981). The term postdates welfare bum: it represents a blend of corporate welfare + welfare bum.
Critics argue that the airline is a corporate welfare bum because it relies on government subsidies to survive.
The editorial condemned the massive tax breaks for the bank, labeling the institution a corporate welfare bum that exploits public funds for private gain.
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bum rap
An undeservedly unfavorable portrayal or reputation.
- 02
bum rush
A storming into an establishment.
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bum steer
Bad advice or information, regardless of intention.
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corporate ladder
The hierarchy or ranking system of employment positions within a business organization; especially, such a hierarchy viewed as a ladder to be climbed (to successive higher-ranking positions) while one is pursuing a career path.
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welfare Cadillac
The case of a person or group receiving public benefits, although the benefits are not actually needed by the recipient or are obtained by fraud.