SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TimF who wrote (39824)12/23/2009 8:27:33 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
"If you pay people to provide something, than its not welfare."

LOL!!!!!!!!!!!!!!!!!!!!!!!!!

OH... G-A-S-P!!!!!!!!

Say I wanna pay someone for driving up in a Cadillac and picking up and then cashing a check? That *ain't* 'welfare'? That ain't a SUBSIDY?

Of course it is!

Now... say I wanna SUBSIDIZE some COMPANY'S PROFITS.... (Maybe the company builds automobiles, maybe they build airplanes, or maybe they sell insurance... whatever. Makes no difference.)

I want 'em to GRAB MARKET SHARE (sell more of their widgets), so I ENABLE 'em to sell for a lower price then competitors (WITHOUT HARMING THEIR PROFIT MARGINS, mind you... perhaps they even increase their profits and margins of profits because of scale!) by HANDING MONEY I COLLECTED FROM THE TAXPAYER'S TO 'EM....

On an ONGOING basis! (Not just a one shot-gift.) I HAND THEM permanently bigger markets and bigger profits by CONTINUOUSLY PUMPING TAXPAYER FUNDING TO 'EM.

Now, *of course* that a Subsidy. Of course that's corporate welfare!

Re: "Having pricing power/ monopoly / monopsony --- As long as none of those are government enforced or protected or encouraged, or supported, you can still have a free market."

Completely ridiculous!

Exercise of MONOPOLY PRICING POWER means --- by definition! --- that the market is a monopoly market, no longer a free market. Monopoly pricing power precludes the normal functioning of a free market. The market is no longer 'free', it is captive.

That is taught in every first year Econ. course in the land....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News