gas over $4 is here! is $5 gas far behind ?
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From: Bill Bonde ( 'Hi ho' ) on 19 May 2007 21:34 Eeyore wrote: > > "Bill Bonde ( 'Hi ho' )" wrote: > > > Airbus is a subsidized company > > Wrong. It's a commercial company just like Boeing. > Of course it is "commercial", it's also subsidized. > It receives no actual subsidies > although Boeing likes to make it that it does. The argument is over government support > in terms of long loans whereas Boeing receives support in a different way by means of > lucrative military contracts. > Boeing competes for its military contract sales. Does the Boeing commercial division have to make a profit? Yes it does. OTOH, long term "loans" from the government for Airbus are hardly competition. > > that include a number EU countries. > > Airbus is owned by EADS NV another commercial company formed by the merger of 3 large > aerospace companies in France, Spain and Germany and until recently 20% of it was owned > by BAE Systems (formerly British SAerospace). > > > It is also on extremely hard times. > > It's overspent on the A380 and someone fucked up royally on the interior fitting of > them AIUI. It's hardly likely to fail. > 1) Of course not, it will be propped up and not allowed to fail. 2) There are only Boeing and Airbus so the world does need them both in play for competitive reasons. > Some years ago it overtook Boeing in annual > sales figures for commercial aircraft and they're neck and neck year in year out now. > I'm aware of the rivalry. -- "There are some gals who don't like to be pushed and grabbed and lassoed and drug into buses in the middle of the night." "How else was I gonna get her on the bus? Well, I'm askin' ya.", George Axelrod, "Bus Stop"
From: Bill Bonde ( 'Hi ho' ) on 19 May 2007 21:37 Eeyore wrote: > > "Bill Bonde ( 'Hi ho' )" wrote: > > > Eeyore wrote: > > > Jeffrey Turner wrote: > > > > > > > Losing your job to someone who'll work for half the wages *so* often > > > > leads to prosperity. > > > > > > Why stop at half the wages. China and India can do it for far far less. > > > > > Don't the people of those countries need to live too? > > It costs less there. > The two most important reasons for the huge cost differences in the US vs countries like China and India is a place to live and medical care. Solve those two and Americas could almost live on minimum wage. > When I asked in about 2000, basic semi-skilled factory workers in Bombay in the > electronics sector earnt about $80 monthly. It was less in China but they > typically get board and lodging there in company hostels. > And there you go. What is "board and lodging" worth in the US? -- "There are some gals who don't like to be pushed and grabbed and lassoed and drug into buses in the middle of the night." "How else was I gonna get her on the bus? Well, I'm askin' ya.", George Axelrod, "Bus Stop"
From: Eeyore on 19 May 2007 21:52 Jeffrey Turner wrote: > Eeyore wrote: > > Jeffrey Turner wrote: > > > >>Losing your job to someone who'll work for half the wages *so* often > >>leads to prosperity. > > > > Why stop at half the wages. China and India can do it for far far less. > > It just as clearly applies to Chinese workers eventually losing their > jobs to people in Burma or Nigeria thanks to "free trade." Only if those places have the required infrastructure and right now they don't. There are education issues too. Graham
From: Eeyore on 19 May 2007 21:55 "Bill Bonde ( 'Hi ho' )" wrote: > Eeyore wrote: > > "Bill Bonde ( 'Hi ho' )" wrote: > > > > > Airbus is a subsidized company > > > > Wrong. It's a commercial company just like Boeing. > > Of course it is "commercial", it's also subsidized. It's not subsidised. If you're going to make that claim you'll have to provide evidence of subsidy. Graham
From: Eeyore on 19 May 2007 21:56
"Bill Bonde ( 'Hi ho' )" wrote: > Boeing competes for its military contract sales. Airbus describes them as 'pork barrel contracts'. Graham |