• fahfahfahfah@lemmy.billiam.net
    link
    fedilink
    English
    arrow-up
    14
    ·
    12 days ago

    The meme specifically calls out subsidies, but that article includes contracts, which thanks to a complete lack of competition includes things like being the only launch provider for ISS missions

    • kersploosh@sh.itjust.works
      link
      fedilink
      arrow-up
      6
      ·
      12 days ago

      I’m just trying to shitpost in a meme community here. Though, if we want to split hairs, “subsidies” can include government contracts to purchase goods and services:

      A subsidy has a very particular meaning under the Subsidies Agreement and U.S. law (Title VII of the Tariff Act of 1930). A subsidy is defined as a “financial contribution” by a government which provides a benefit. The forms that a subsidy can take include:

      • a direct transfer of funds (e.g., a grant, loan, or infusion of equity);
      • a potential transfer of funds or liabilities (e.g., a loan guarantee);
      • foregone government revenue (e.g., a tax credit); or
      • the purchase of goods, or the provision of goods or services (other than general infrastructure).

      https://www.trade.gov/trade-guide-wto-subsidies