4 ms·
> If they have that much of an advantage it’s not at all obvious why they need a $765M taxpayer investment. Are the goods being produced for the taxpayer? Why
by ChrisLomont 6y ago
> If they have that much of an advantage it’s not at all obvious why they need a $765M taxpayer investment.
Are the goods being produced for the taxpayer? Why yes, they are. Thus it makes sense for the taxpayer to pay for the goods. This is pretty much the end of discussion on who should pay for the goods.
As to your estimation on how many engineers should work on something, there’s ample other engineers that would disagree. Go ahead and amaze us with the next iPhone or Tesla with only a handful.
Also, all your arguments apply to funding startups from private markets, yet above you seemed ok with taxpayers funding startups. (Despite high failure rates....)
I think you really just want taxpayer money for startups.
- mmmBacon 6y agoBy your logic you could say all goods are being produced for taxpayers, therefore shouldn’t it follow that every company should get a taxpayer funded loan? I’m not generally a fan of of taxpayer funding for the private sector. This includes most startups. Generally I think these deals are usually really bad for taxpayers. Kodak is losing money, to the tune of $60M so it’s unclear what their long-term viability is as a company. The only argument for a startup here is to jettison the structure of a failing company. Again, I think you are overestimating the number of engineers needed to produce some of the things you’re talking about. My assertion is that if Kodak was really strong here and had a good business case, they would not need taxpayer funded investment.