Excuse me if I don't want to fly on a plane with 839 other people.
I'm a free market capitalist, but I think America should start subsidizing Boeing and undercutting Airbus prices and then see where the market is.
========================================
I agree with you. But our gubmint can't even agree on something as basic as defending our border and sovereignty from an alien invasion (thus destroying our economy through a devalued market and currency) - let alone something like coming together to subsidize crucial industries for the sake of national survival.
By the time the bureaucrats in D.C. figure out that all of Asia and now all of Europe have subsidized to muscle the U.S. into mediocracy and 3rd-World-Status, it will have been too late.
================================
Main Entry: me·di·o·cre
Pronunciation: "mE-dE-'O-k&r
Function: adjective
Etymology: Middle English, from Middle French, from Latin mediocris, from medius middle + Old Latin ocris stony mountain; akin to Latin acer sharp -- more at EDGE
: of moderate or low quality, value, ability, or performance : ORDINARY, SO-SO
Hey, the airplanes are just another buggy whip industry. We will move into better new technologies.
"Let London manufacture those fine fabrics of hers to her heart's content; let Holland her chambrays; Florence her cloth; the Indies their beaver and vicuna; Milan her brocade, Italy and Flanders their linens...so long as our capital can enjoy them; the only thing it proves is that all nations train their journeymen for Madrid, and that Madrid is the queen of Parliaments, for all the world serves her and she serves nobody."
(Prominent Spanish official - Alfonso Nunez de Castro in 1675)
There are subsidizes and then there are subsidizes. A large part of the 747's initial profitability was derived from government funding of its nonrecurring design costs - in competitive design as a military airlifter - a role to which it was totally unsuited.
Its bad enough trying to get everyone on board for a 747, I can only image how long it would take to get 800+ people on the plane.
I wonder how many airports are equipped to handle this plane?