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Can we wean Elon Musk off government support already?

thehill.com

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Re: Can we wean Elon Musk off government support already?

#31
post #6
post #3

Can we wean oil & farm companies off of government support first?

I'd love to see the subsidies instead given to small urban farmers to help push more local food sources.

40% of the earth's land area is currently used for agriculture. This is the kind of scale required to feed the population the world has now. Comparatively "small urban farmers" ability to produce foodstuffs is, and always will be, a rounding error when compared to the scale of industrial farming.

Re: Can we wean Elon Musk off government support already?

#34
post #28
post #2

Ugh, what a bad-faith argument. The whole reason government puts subsidies on things is to encourage those things. The article starts with the assumption that market distortion is always has a bad outcome, but it's going to have to back that up. It also assumes (at the end) that our representatives in Congress can't possibly really be representing us. The rebates and tax cuts are working as intended. For example, by…

But consider that Elon Musk has recently come out vocally agains the subsidy. He feel's that rather than an electric car subsidy, carbon should be taxed and 'let the market decide'. https://twitter.com/elonmusk/status/338108608430632960 That is what a bad faith argument looks like. Having taken the subsidy for years, as all of the other major car maker are starting to offer an electric model, he gets religion and wan…

There might even be a good argument against subsidies. But the article was not it.

Re: Can we wean Elon Musk off government support already?

#35
post #19

Elon Musk has earned every tax payer dollar he has received. From what I can tell by reading the news, the man works himself and his companies insanely hard. Perhaps this argument could be made about any other organizations or institutions, but not Elon Musk and his companies

"Elon Musk has earned every tax payer dollar he has received."

By definition you do not earn a handout. You merely conform to the requirements of receiving it, which he has. "Earn"? Definitely not the word to use for him. We're talking about money that he has taken from all taxpayers to fund the pursuit of his dreams. His dreams get funded because they are approved by the government. There are ~156 million adults employed full time. On average, this equates to ~$32 every single taxpayer has paid to Musk. If you are a higher earner, which I suspect is true of many here on HN, Musk has "earned" somewhere between $50 and $100 of your money.

Re: Can we wean Elon Musk off government support already?

#36
post #33
post #30

Earlier quoted context omitted.

You understand that subsidies create a price floor. Your produce would be cheaper in their absence.

Why the downvote? Am I wrong?

It'd be nice if it wouldn't let you downvote unless (1) you also reply as to why you disagree or (2) upvoted someone who already posted a reply. A downvote by itself isn't helping anybody.
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