Letters to the Editor
This letter is associated with the following article:
-
state control of the economy
has had a few successes. You identify one. It has a much longer list of failures.
And, what private company in their right mind would compete against an organization backed by the deep pockets of a sovereign nation? Boeing is doing it against Airbus but they are a very established company.
As you inadvertently note, the power to tax is the power to destroy, not promote. Not identified as manufacturing in Korea? Hello, 20% extra tax bite. You may like the idea of governments making business decisions but, then again, you're not in business.