Looking back on it, what was Bernie's point with the import-export bank and Boeing? That it's corporate welfare?
I'm not quite sure how "We have a service that provides readily available liquidity for American companies who want to compete internationally" is really corporate welfare, and Boeing is like... the best example of a US company providing strong jobs that Bernie could ask for.
Looking back on it, what was Bernie's point with the import-export bank and Boeing? That it's corporate welfare?
I'm not quite sure how "We have a service that provides readily available liquidity for American companies who want to compete internationally" is really corporate welfare, and Boeing is like... the best example of a US company providing strong jobs that Bernie could ask for.
They're able to provide those jobs based on tax breaks, subsidized loans and government contracts through state and federal programs. I don't really think Boeing would be successful at all otherwise.
I don't think it's a great example of welfare exactly, but its not a strong competitive company based on its merits as a manufacturer of goods or how it treats employees.
Looking back on it, what was Bernie's point with the import-export bank and Boeing? That it's corporate welfare?
I'm not quite sure how "We have a service that provides readily available liquidity for American companies who want to compete internationally" is really corporate welfare, and Boeing is like... the best example of a US company providing strong jobs that Bernie could ask for.
They're able to provide those jobs based on tax breaks, subsidized loans and government contracts through state and federal programs. I don't really think Boeing would be successful at all otherwise.
I don't think it's a great example of welfare exactly, but its not a strong competitive company based on its merits as a manufacturer of goods or how it treats employees.
Boeing treats its employees reasonably well, being one of the companies that first pushed for the 9/80 system that has become more standard throughout engineering, and being very competitive on pay and benefits. I think there was a semi-publicized union negotiations thing, so I suppose they aren't sunshine and rainbows, but I don't recall anything terrible being said about them.
Further, considering how subsidized Airbus is, Boeing's options are essentially to have some amount of subsidies and tax breaks (deferring income tax until planes are delivered is the biggest one) or to close up shop and give Airbus a global monopoly. I feel like that is significantly worse for the United States than decrying Boeing as being unsuccessful because it can only compete when subsidized half as much as Airbus, rather than not subsidized at all.
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lonelyahavaCall me Ahava ~~She/Her~~Move to New ZealandRegistered Userregular
Once again, thank you all for the commentary.
Should I try to find video? or is it more of the same?
Looking back on it, what was Bernie's point with the import-export bank and Boeing? That it's corporate welfare?
I'm not quite sure how "We have a service that provides readily available liquidity for American companies who want to compete internationally" is really corporate welfare, and Boeing is like... the best example of a US company providing strong jobs that Bernie could ask for.
They're able to provide those jobs based on tax breaks, subsidized loans and government contracts through state and federal programs. I don't really think Boeing would be successful at all otherwise.
I don't think it's a great example of welfare exactly, but its not a strong competitive company based on its merits as a manufacturer of goods or how it treats employees.
Boeing treats its employees reasonably well, being one of the companies that first pushed for the 9/80 system that has become more standard throughout engineering, and being very competitive on pay and benefits. I think there was a semi-publicized union negotiations thing, so I suppose they aren't sunshine and rainbows, but I don't recall anything terrible being said about them.
Further, considering how subsidized Airbus is, Boeing's options are essentially to have some amount of subsidies and tax breaks (deferring income tax until planes are delivered is the biggest one) or to close up shop and give Airbus a global monopoly. I feel like that is significantly worse for the United States than decrying Boeing as being unsuccessful because it can only compete when subsidized half as much as Airbus, rather than not subsidized at all.
Plus, you know, Bernie being opposed to free trade as he is makes him a protectionist. He should be a fan of corporate wellfare, at least in some cases, or else where is the consistency in his position?
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I mean if anyone is crazy enough to let that joke influence thier vote, so be it.
I'm not quite sure how "We have a service that provides readily available liquidity for American companies who want to compete internationally" is really corporate welfare, and Boeing is like... the best example of a US company providing strong jobs that Bernie could ask for.
They're able to provide those jobs based on tax breaks, subsidized loans and government contracts through state and federal programs. I don't really think Boeing would be successful at all otherwise.
I don't think it's a great example of welfare exactly, but its not a strong competitive company based on its merits as a manufacturer of goods or how it treats employees.
Boeing treats its employees reasonably well, being one of the companies that first pushed for the 9/80 system that has become more standard throughout engineering, and being very competitive on pay and benefits. I think there was a semi-publicized union negotiations thing, so I suppose they aren't sunshine and rainbows, but I don't recall anything terrible being said about them.
Further, considering how subsidized Airbus is, Boeing's options are essentially to have some amount of subsidies and tax breaks (deferring income tax until planes are delivered is the biggest one) or to close up shop and give Airbus a global monopoly. I feel like that is significantly worse for the United States than decrying Boeing as being unsuccessful because it can only compete when subsidized half as much as Airbus, rather than not subsidized at all.
Should I try to find video? or is it more of the same?
Democrats Abroad! || Vote From Abroad
It's definitely worth watching, it's not a repeat of Debates #3-5.
Plus, you know, Bernie being opposed to free trade as he is makes him a protectionist. He should be a fan of corporate wellfare, at least in some cases, or else where is the consistency in his position?