13 December 2008

Rollup Rollup - Stimulus Gravy Train is Here!

Gerald Arpey has suggested that the aviation industry should get a share of the proposed $700 Billion economic stimulus package that President to be Obama will likely unveil in his first state of the Union Address.

This is actually not a bad thing to get behind. While I would prefer that the taxation process of air travel be more accurately focused on a use based tax which in turn would lead to use based investment - this is better than nothing but it is going to be a long road to see anything happen.

As an aside I note that the Tessler car company is requesting $350 million of the tax payers money to develop an electric car to be priced at $60K.

Let's get this gravy train going...

Karl Marx - you can stop spinning in your grave, you are now officially a hero.

Cheers

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