

Once against fast-tracked startup is making a profit









Tesla Model X [Source: Automobile Magazine]


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By FITCamaro on 12/6/2012 10:39:34 AM , Rating: 2
And you assume I approve of all of them?

Am I fine with STATES giving companies incentives for keeping their business in that state? Absolutely. States can do whatever is best for their state. The federal government though has no authority to subsidize businesses or products.

By Chernobyl68 on 12/6/2012 12:18:16 PM , Rating: 2
wait, what? You're ok with a state gov't doing what's best for the state, but not the federal gov't doing what's best for the nation?

By FITCamaro on 12/6/2012 2:03:29 PM , Rating: 2
States have the authority to do whatever their state constitutions allow them to do. The federal government only has the power to spend money on the things it is expressly given the power to spend it on. No where will you find the authority to spend money to promote certain products over others.

It isn't the federal government's job to decide winners and losers in industry. It's job is to provide safety and security for the nation while its citizens go about their lives and succeed or fail based on the decisions they make.

By Paj on 12/7/2012 8:46:57 AM , Rating: 2
That doesn't make a great deal of sense.

Doesn't the US giving a tax break to the domestic energy industry, or subsidies for farming, "decide winners and losers in industry"?

Both are essentially forms of protectionism after all, without which the competitiveness of each respective industry would likely fall in relation to other local or international industries.

