More airline bailout talk

[bucket]

Subsidies to a sector almost always end up capitalized into costs. Especially in agriculture, a reliable subsidy will end up in land or input costs, as it allows recipients to bid more land and pay more for inputs. In the end you are no better off and reliant on the government. Another thing is that often they are tied to extra regulations or restrictions that happen to be popular at the time, which adds an additional burden to management or production. If you don't believe me look at dairy and see what making things more profitable did to the small producer......where is the subsidy, capitalized into quota. Blathin is absolutely correct in her assessment of subsidies.

OK

so the US subsidized the Auto sector ...Canada went along with money

Same with airlines...

The steel industry got money..

[bucket]

Use their money. Get any grants you can get, government or private. Use programs. Take advantage of those kinds of things, that’s what they’re there for. Don’t be bitter someone used them and you didn’t.

Those are not things that should be pencilled in to keep you afloat. Those are bonuses, benefits.

They are different than a monthly cheque needed to make ends meet.

Having FCC write down loans to 10 cents on the dollar is what you call a bonus...or good business ....

It cost everyone else dearly ...

[Blaithin]

I never said loans.

[bucket]

"""""So because I’m employed in ag and have a herd of cows, I should automatically want subsidies or some sort of monetary support from the government?"""""


My answer is yes.

[Blaithin]

"""""So because I’m employed in ag and have a herd of cows, I should automatically want subsidies or some sort of monetary support from the government?"""""

My answer is yes.

So in between ag jobs I did a brief (horrid) stint at a shoe store. Not a recommended job. Anyway, the wage didn’t even cover my living expenses.

Should I have also wanted government support then or would that have made me a lazy, CERB wanting, leftist?

[TSIPP]

I remember desperately getting a job below minimum wage with no overtime, 400 hours a month and nowhere to spend it cause I was always working, the bank account looked pretty good.

Most years ranching I definitely don’t make minimum wage, income tax definitely doesn’t know me.

[tweety]

BTW what would 40 bucks an acre do for your farm for 5 years? ???

Raise your overall risk and decrease your net income as your expenses would go up $60 an acre or more as all the players take part in removing your very trade offensive subsidy.

It could be worse, the government could claw back the approx 370 million in tax cuts SK farmers get yearly. Maybe that is to come.

[furrowtickler]

So in between ag jobs I did a brief (horrid) stint at a shoe store. Not a recommended job. Anyway, the wage didn’t even cover my living expenses.

Should I have also wanted government support then or would that have made me a lazy, CERB wanting, leftist?

Just one point I would like to make . Selling shoes does not create wealth , farming does , wether it’s your cows , my grain , and organic farm whatever. Farming is a wealth creating industry that benifits a huge sector of the economy. So I kinda agree with bucket on his points that ya we should be supported or a huge part of the economy fails as well .

Airlines don’t create wealth , they simply transfer people around essentially. Plus they burn huge amounts of fossil fuels for no real purpose other than pleasure 80% of the time . Cargo air traffic would be the exception.

[wmoebis]

Just one point I would like to make . Selling shoes does not create wealth , farming does , wether it’s your cows , my grain , and organic farm whatever. Farming is a wealth creating industry that benifits a huge sector of the economy. So I kinda agree with bucket on his points that ya we should be supported or a huge part of the economy fails as well .

Airlines don’t create wealth , they simply transfer people around essentially. Plus they burn huge amounts of fossil fuels for no real purpose other than pleasure 80% of the time . Cargo air traffic would be the exception.

So are people okay with letting airlines and infrastructure go down?

Seemed the Feds were there for the shoe store and the airline staff but do we let them go now? What do we do with the employees? In AB we let feds look after oil employees and provincially helped out their corp offices. Maybe it is up to provinces to help out all corps that they drew to their provinces.

Is there a provincial responsibility when enticing companies to move head offices to our province when things go bad?

[Blaithin]

Just one point I would like to make . Selling shoes does not create wealth , farming does , wether it’s your cows , my grain , and organic farm whatever. Farming is a wealth creating industry that benifits a huge sector of the economy. So I kinda agree with bucket on his points that ya we should be supported or a huge part of the economy fails as well .

Airlines don’t create wealth , they simply transfer people around essentially. Plus they burn huge amounts of fossil fuels for no real purpose other than pleasure 80% of the time . Cargo air traffic would be the exception.

People working for a wage don’t care if they’re in a wealth supporting industry or not. They’re working any job they could get in most instances, because at some point they developed a skill set that helped them get that job or they enjoy that job.

The point being made was that workers within agriculture should all want the industry subsidized. Why should I as an ag employee want my employer subsidized, but I as a shoe salesperson don’t have that right? Shouldn’t I be able to support myself no matter what industry I work in? Ag has always supported me better than any other - because of my skill set.

If my ag employer or my shoe store employer were given subsidies I have little doubt that it would be actually trickle down to me in either case anyway. In which case it would just be something to help the company stay operating. Ag being the industry it is, even without subsidies I feel secure in my ag employment. Retail has not weathered the pandemic nearly as well.

Now as a landowner I could have more benefit from subsidies if I wanted to put myself in the governments hands like that. As an employee, a wage is what I want. Subsidies are fairly irrelevant.