Huh. Many sectors are "strategically important" and are constantly subsidized. Farming. Everywhere in the world. Automotive industry. Fossil related industries (oil subsidies).
https://www.thebalance.com/government-subsidies-definition-f...
Re:WeWork and Counterfeit Capitalism
by Nasrudith on Thursday September 26, 2019 @10:07AM
(#21080978)
I think that is only because of the relative age of sectors given the sheer number of times airlines got bailed out.
I don't think the magnitude is remotely close, but perhaps I'm off here? What airline bailouts are you thinking of?
Re:WeWork and Counterfeit Capitalism
by Nasrudith on Saturday September 28, 2019 @12:16PM
(#21101186)
The multibillion post 9/11 ones for one both post attack and Iraq wars and SARs related travel reductions. If you count uniquely privileged bankruptcies and other activities there is a whole lot of the 20th century to include.
No other industry has gotten that kind of bailout that far into supposed maturity.