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Try taking it away from the banks, and see how hard they fight to keep it. Which suggests it is a real subsidy.
by jonhendry 14y ago
Try taking it away from the banks, and see how hard they fight to keep it.
Which suggests it is a real subsidy.
- refurb 14y agoUsing this logic, the following are subsidies as well: student loan guarantees, low student loan interest rates, tax deductions for mortgage interest payments, FDIC insurance of deposits.
- Gravityloss 14y agoEnglish is not my native language, but yes, those are subsidies too.
- ScottBurson 14y agoYep, they sure are. They are all benefits to particular groups that cost the government money to provide. I don't think anyone here is saying that all subsidies are necessarily bad. Some activities are worth subsidizing. But let's not deny that that's what we're doing.