credit Markets

The Fed May Have Already Saved Taxpayers $60 Billion In Averted Boeing Bailout

Critics will be critics, though.

Critics will be critics, though.
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

4 comments on “The Fed May Have Already Saved Taxpayers $60 Billion In Averted Boeing Bailout

  1. Ria says:

    In the past I have been a big critic of chairman powell. But he has done an excellent job of crisis management since march.

  2. George says:

    If Buffett is correct about the Airline Industry they may well be getting bailed out at a later date ..

    • Mr. Lucky says:

      Of course they will. The truth is that over time no form of public conveyance has ever made a lasting cumulative profit without some form of public subsidy, not stage coaches, not railroads (all in existence in the US have been bankrupt, some several times), not airlines, not steamships, not city bus systems, none of them. The economics just don’t work. Too much operating leverage. The same is also true of our health care system. That industry is totally subsidized, one way or the other. The post office is another such problem. UPS and Fed Ex are cherry-pickers. The post office can’t do what they do. They must serve the whole audience, every address, no matter what.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Skip to toolbar