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By 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
by mmmBacon 6y ago
By 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.