• saltesc@lemmy.world
        link
        fedilink
        English
        arrow-up
        40
        arrow-down
        2
        ·
        edit-2
        5 months ago

        I wouldn’t be so sure. Government bailouts tend to happen because they’re almost forces to. Where the economy can suffer greater loss without the bailout. Generally, in a scenario where a company or corporation has nestled itself into something the economy is dependent on. Of course what happens after that bailout is the bad part where it often seems nothing is done to alleviate the economy’s dependency, nor is the actions of the body receiving the bailout regulated, monitored, or needing to pay it back.

        I don’t know how much dire a state the US economy would be in with Boeing missing or significantly damaged, but can’t imagine it’s perceived to be as bad as the crooked banks.

        Edit: Oh, wait. The military is dependent on them. Yeah, there’d be a bailout lol

        • Ookami38@sh.itjust.works
          link
          fedilink
          English
          arrow-up
          68
          ·
          5 months ago

          Boeing has MASSIVE government contracts, and does a ton for both the military and NASA. They’re absolutely bailout material, as much as it hurts me to say.

          • ZapBeebz_@lemmy.world
            link
            fedilink
            English
            arrow-up
            23
            ·
            5 months ago

            I’m waiting for a condition of the bailout to be separating Boeing Defense from Boeing Aerospace, so the aerospace side can fail

            • RubberDuck@lemmy.world
              link
              fedilink
              English
              arrow-up
              6
              ·
              5 months ago

              Well looking at their income per sector commercial is the largest. And they probably split r&d across these sectors. So losing civil aviation probably would mean they can be less competitive as defense contractors.

        • Ketchup@reddthat.com
          link
          fedilink
          English
          arrow-up
          1
          ·
          5 months ago

          BA is one of 30 companies in the Dow Jones Industrial Average used to measure the performance of the domestic market. It practically represents an entire sector but itself. The Fed will absolutely help BA

    • RvTV95XBeo@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      34
      ·
      5 months ago

      They’ll just start selling their planes at a discount to win back buyers, then cut more corners to make a profit at the discounted rate.

    • NatakuNox@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      ·
      5 months ago

      Boeing should be nationalized. If a company is “to big to fail” they inevitably do because of bad leadership and greed. They need to be nationalized as part of the bail out package. But because our government is corrupt Boeing with get billions of tax dollars to save them.