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Government subsidies to US manufacturing: Good or bad?

Discussion in 'Sports and News' started by Azrael, May 11, 2012.

  1. Azrael

    Azrael Active Member

    Interesting story about the recovery of American manufacturing.

    www.nytimes.com/2012/05/11/business/subsidies-aid-rebirth-in-us-manufacturing.html?_r=1&hp
     
  2. britwrit

    britwrit Well-Known Member

    There are a lot of good, solid arguments against this, from helping spike inflation to setting up a harmful subsidy "arms race" with other countries. But given the billions of government money already thrown each year at the oil and gas industry, what the heck...
     
  3. Baron Scicluna

    Baron Scicluna Well-Known Member

    If government can build baseball and football stadiums, they might as well go all-in.
     
  4. da man

    da man Well-Known Member

    You've got it backward. Government should be all out of the stadium business.
     
  5. J-School Blue

    J-School Blue Member

    Not that it's a great argument, but I can't think of another country - that has any kind of notable manufacturing sector - that doesn't subsidize it in some large or small way.
     
  6. Baron Scicluna

    Baron Scicluna Well-Known Member

    Oh, I agree.

    I just find it insane that the One Percent that gripes so much about their taxes doesn't see a problem with devoting taxpayer dollars towards subsidizing a private entertainment business.
     
  7. RickStain

    RickStain Well-Known Member

    Both.

    It's frequently good and frequently wasteful.
     
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