Originally posted by: ArneBjarne
Originally posted by: charrison
Originally posted by: ArneBjarne
Originally posted by: charrison
Originally posted by: ArneBjarne
Originally posted by: charrison
Originally posted by: ArneBjarne
Originally posted by: charrison
Originally posted by: ArneBjarne
Originally posted by: Starbuck1975
Well no I admitted that Boeing is keeping its commercial aircraft division alive through its more lucrative defense industry...if you think these contracts are pork barrel subsidies, then yes it is gravy...I happen to think that the government gets a lot of tech back for their "subsidies." Also Boeing is working especially hard to innovate, change and cut production costs...hardly the behavior of a company with a government subsidy safety net.So...in short Boeing is a gravy sucker and you admit to it getting government subsidies.
And you admit that airbus is publically traded.thanks for the blatently wrong post above
Airbus may be publicly traded, but they do not have the same stockholder obligations that Boeing has because of that lovely safety net provided by Europe's particular brand of socialism.
I wouldnt say my post is wrong...I would say my perception of each company and how its gets money differs from yours..
From the Businessweek article linked by charrison:
"The U.S., though is batting on a sticky wicket: much of the Japanese contribution to the 7E7 (almost one third of its development cost) could be paid for by the Japanese government, and Boeing will receive $3.2 billion in production assistence from the State of Washington in return for choosing to assemble the 7E7 there."
Also strange that the US and EU are having talks on "eliminating billions of dollars in subsidies to the world's top two plane makers" if they were not both receiving them to begin with.
Link
Airbus is getting direct subsidies to make products. Boeing gets an indirect subsidy because it does build products for the goverments. Airbus argues that it can use techlogy from goverment contracts to build private sector products.
The taxbreak is for placing the assembly of the 7E7s in Washington state. They pay to get all the jobs, not because the 7E7 is a product built for the government.
And that was done by washington state, not the fed. Boeing has not received any federal subsidies for making airliners.
Again, then your just going for technicalities and are not really out to eliminate subsidies are you? Since it is only 4 member states of the EU involved in Airbus that should be okay too then. :roll:
Not working technicaties at all. THe original argument is that boeing received direct subsidies from the the US goverment. They have not.
What washington state did was put together the best tax package to convince boeing to locate their facilities there. Had boeing moved their facities out of washington, they would have lost far more than $3B in tax base.
Well GB, Germany, France and Spain would also lose alot of money by not having the jobs created by Airbus. Same thing.
Not exactly. Airbus was created by the EU to compete with boeing. I also have little doubt there were games played on where the a380 would be produced as well from within the EU.
And why do they want to compete with Boeing? It wouldn't be to have a piece of the cake in terms of jobs would it? The A380 parts are produced in the same 4 EU member states that are backing it. Not surprisingly they wanted jobs in return.
I think you know see the difference I am talking about. I have little problem with EU proping up airbus to be able to compete with boeing, but it is time for those subsidies to come to an end.