Originally Posted by visitador
Really? I want a refund for all the credits given to businesses. Obviously they don't need politicians.
If you mean credits as in subsidies, then yes, you should, and they shouldn't need politicians except to make sure things are fair and just. However, it has gotten so many businesses looks to the government to an exemption, exclusion or subsidy.
Solindra...I know this one has been beaten to death, but if there was no government intervention, would it have ever existed?
GE...do you think GE has an interest in making sure that states have renewable energy portfolios considering they are one of the three largest manufacturers of wind turbines?
How about ethanol in gasoline? Diverting corn production to be used in fuel makes the price of corn rise. More corn means less acreage for wheat. It is good for farmers. Uber liberal Harkin and conservative Grasley both from Iowa both agree on this one.
I picked on energy, yeah. But there are other carve outs or subsidies with similar circumstances. Defense contractors. How about the plaintiffs bar. Most people seem to think some tort reform is in order, but yet it never happens. Railways sort of started us down this path over 100 years ago. Ironically, or all the western railways, the only one that didnt go bust was the one with no government subsidies, the great northern i believe.
Every time, it comes back to contributions and support to win that next election.
How about my dogs I got from a local dog breeder? Big carve outs and subsidies to them? Nope, but i still get licked everyday.
I dont think Steve Jobs was looking for big carve outs either. I guess one time he said something along the lines of 'I build/invent things people dont even know they want'
Now look in the produce department at the grocery store. Most items there dont have big carve outs or subsidies, but yet they are produced. As an apple grower, selfishly it would be great to mandate to everyone 'an apple a day' even if it is wrong. Instead, we have to take market signals and convert red delicious to honeycrisp at $30,000 an acre.
Sorry for the long rant, but if we cant tell billionaires "no, we dont have any more money left for that subsidy. you will just have to make sure you build it pretty darn well as to attract plenty of customers" then who can we tell?
So yes, ask for those subsidies and carve outs back.