3 ms·

Because these companies simply would not exist without them?

• rapsey 2y ago
  Without gov help Ford and GM would have gone bankrupt also. Not to mention the space industry entirely.
  • adwi 2y ago
    That doesn’t mean they’d have ceased to exist. Likely shareholder equity would be wiped out and they’d reorganize. Isn’t the whole deal that investors get the upsides for taking the risks on the down?
• smsm42 2y ago
  Does anybody remember mega bailouts of 2008 still? There are so many companies that arguably won't exist without those. And that's only one example, there are massive subsidies, tax breaks, preferences, etc in a ton of industries. I mean, some think it's a good thing, it's helping - ok fine. But each time Musk is mentioned it's "oh he got subsidies" as if it were in any way unique and special. He's playing exactly the same game literally every other company is playing. You hate the game - fine, yoh like the game - fine, but you cannot honestly be ok with the game and single out Musk for playing it by the same rules as others do.
  • deleted 2y ago
    [deleted]