To: COEXERJ145
Actually, the EU has a point on subsidies. America subsidizes Boeing thru military contracts. Our military spending is hundreds of times the military spending in any one EU member nation.
I'm not saying I agree in full, but I can see their point.
12 posted on
08/14/2004 12:40:07 PM PDT by
blackdog
(Hell is an endless hayfield needing to be raked, baled, and put up.)
To: blackdog
See #10. It is in no way a subsidy, and the EU does the samething with EADS (Airbus' parent) and Airbus itself. For the government to purchase goods and services from Boeing is not a subsidy, it is commerce.
To: blackdog
America subsidizes Boeing thru military contracts. Our military spending is hundreds of times the military spending in any one EU member nation. I'm not saying I agree in full, but I can see their point. Still Boeing provides the customer, although it's the government, specific products and services for existing contracts.
In the case of the EU, they throw money (grants) at a company to ensure a product is available to customers, where they are clearly not the customer, before any contracts are in existence. The definition of subsidy.
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