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But Boeing is forever crooning: "Yeah, but we put a man on the Moon." So NASA will lick their boots anytime and pay them whatever they want. Off course, if Boe
by thePunisher 6y ago
But Boeing is forever crooning: "Yeah, but we put a man on the Moon." So NASA will lick their boots anytime and pay them whatever they want.
Off course, if Boeing messes up again, the carpet will be pulled from under their feet.
- ghostpepper 6y agoI wonder if the layoffs announced this week will affect those programs.
- thephyber 6y agoProbably not. They have been transferring workers from the programs where contracts are slow (commercial airlines) to those with more steady revenues (DoD contracts) to minimize layoffs. I haven't read up on the newest wave of Boeing layoffs yet.
- aerospace_guy 6y agoIncorrect. The layoffs were primarily in the commercial division, and the defense is primarily untouched.
- thephyber 6y agoThat's what I meant to say (with the additional info that Boeing claims they laid off fewer workers from the commercial division because the company claims some of them were transferred to defense). I'm sorry if my wording was confusing.
- monocasa 6y agoI think it's more that the DoD props up Boeing in any way they can, from sweetheart contracts like this, to trade policies designed to destroy competition (the Bombardier thing), to outright industrial espionage of other firms (the leaks of Airbus's foreign negotiations). Edit: Changed Embraer to Bombardier thanks to emiliobumachar's friendly reminder.
- aksss 6y agoNot like Airbus’s hands are clean. https://ustr.gov/about-us/policy-offices/press-office/press-releases/2019/december/united-states-wins-sixth-time https://ustr.gov/about-us/policy-offices/press-office/press-...
- monocasa 6y agoThe WTO is run by a very specific brand of economists that don't see the value in a country subsidizing an industry to maintain local expertise in that industry. I for one disagree pretty heavily with this ruling.
- deleted 6y ago[deleted]
- nradov 6y agoThe WTO is run by bureaucrats who enforce the terms of the membership agreement. If national governments think it's important to subsidize local industries then they should negotiate agreements to allow for that. Don't blame the WTO.
- monocasa 6y agoThat has the effect of cutting yourself off from more or less all trade. The WTO leaves you with three options as not the US. 1) Capitulate and lose about any industries as the efficiencies of scales of the US economy steam rolls any industries they don't explicitly prop up in your country (the Israel model if you're lucky, the African model if you're unlucky). 2) Cut yourself off from essentially all global trade (the North Korea model) 3) form a large enough economy that you can flaunt more and more of the WTOs rules because what are they going to do? (The Chinese and EU model).
- dane-pgp 6y agoWhile it might make sense to provide an exemption for local industries that have critical defence or security implications, politicians may find themselves tempted to expand the scope of that to include other "national interest" products, like yoghurt: https://www.bbc.co.uk/news/business-45866508 https://www.bbc.co.uk/news/business-45866508
- Ankaios 6y agoNASA recently selected three teams to start development of new human lunar landers. Boeing's proposal was not one of the three selected.