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by rhamzeh
1026 days ago
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Yes, just as much as airlines are an arm of the US government: > U.S. airlines avoided broad bankruptcies and cuts with the record $74 billion in government Covid-19 aid (https://skift.com/2021/07/29/federal-aid-saved-u-s-airlines-...) Or the US semiconductor industry
> Most of the money is going into industry and supporting industry investments. Of the $52.7 billion in subsidies, the bulk of that will end up going to private companies. (https://www.scientificamerican.com/article/nearly-53-billion...) Of course there's more examples for almost any country. I'm not debating your conclusion. I think it is spot on. I am calling out the tone though as if this was not the norm for all the mega corps/mega industries. |
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Wait, that's actually a good idea. Probably likely that one of China/Russia/N Korea/Iran have done this.