EU Gets Sanctions Go-Ahead Against U.S.

[Bereta_Eder]

A little story. So Poland gets its first taste of freedom with american extra cheap fast food restaurants opening up all over the place in a certain big city. The prices were unbelievably low. The american restaurants could afford to do so since the company to which they belong is rather big and can afford to make losses at its start up busniness in Poland and even it up more than enough from restaurants in other places.


The myriad of small polish restaurants in the area cannot possibly face such competition and they close down, one after one.

When all but a few remain, said company raises the price of its products to that of normal levels.

Result: cornerned market, both polish businesses and consumers fooked.

So yeah we would like your tax money
just an example of course.

[Spiffor]

Where did I whine ?

[HershOstropoler]

Both the US and the EU waste about a 100 billion $/€ per year on agro subsidies. So you'll have to offer something else against the tax subsidy regime.

[DinoDoc]

Originally posted by HershOstropoler
So you'll have to offer something else against the tax subsidy regime.

Saving 100 Billion Euros isn't enough for you?

[Spiffor]

These 100 billions don't disappear AFAIK.

[HershOstropoler]

Saving 104 Billion $ isn't enough for you?

[Kidlicious]

Originally posted by paiktis22
A little story. So Poland gets its first taste of freedom with american extra cheap fast food restaurants opening up all over the place in a certain big city. The prices were unbelievably low. The american restaurants could afford to do so since the company to which they belong is rather big and can afford to make losses at its start up busniness in Poland and even it up more than enough from restaurants in other places.


The myriad of small polish restaurants in the area cannot possibly face such competition and they close down, one after one.

When all but a few remain, said company raises the price of its products to that of normal levels.

Result: cornerned market, both polish businesses and consumers fooked.

So yeah we would like your tax money
just an example of course.

I doubt it if the market is cornered. I think what happened is that some restaurants went out of business that no one really cared for. I mean cheeseburgers aren't really that great even if they are cheap.

We have had fast food here in the US for a long time. It closed down a lot of restaurants, but our economy doesn't suffer.

[Sava]

Originally posted by Spiffor
These 100 billions don't disappear AFAIK.

Right and wrong. For all intents and purposes they do. In the US, the amount of corporate welfare, subsidies, and pork is staggering. It is waste because it just falls into the pockets of some fat-cat. If there's anything I've learned about money, it only disappears into someone's pocket.

[Spiffor]

IIRC, there has been a new decision some time ago that gave a mximal amount of subsidies to a European farmer. It reduced the "fat-cat" effect of these, and hence they get more to the point, i.e helping those farmers who cannot compete with big-domain owners.

I assume this help will be tremendous in Poland. IIRC, 25% Poles are working on agriculture

[Kidlicious]

Originally posted by Sava
Right and wrong. For all intents and purposes they do. In the US, the amount of corporate welfare, subsidies, and pork is staggering. It is waste because it just falls into the pockets of some fat-cat. If there's anything I've learned about money, it only disappears into someone's pocket.

A little bit of it does, but the consumers get most of the benefit.

[el freako]

Originally posted by GP
If we give tax breaks to exporters, it is money going from US taxpayers into EU consumer's hands. You shouldn't mind it. (Except for thinking we are dodos to do this. But its still a wealth transfer from US to EU.)

Originally posted by GP
Get rid of the subsidies. Let's start with the *****ing farmers. I'm sick of hearing about how salt of the earth they are. EVerybody else is salt of the earth and doesn't need a handout check.

I detect a note of inconsistancy here...

If the former's only real effects are a transfer of wealth to EU consumers then surely there is nothing wrong with subsidising farmers, as the consumers are mainly in very poor third world countries?

[Sava]

Originally posted by Kidicious


A little bit of it does, but the consumers get most of the benefit.

I disagree. Such subsidies perpetuate a costly-inefficient business. Instead of letting the chips fall where they may, and perhaps letting businesses fail; such subsidies are supporting an inferior system.

[Spiffor]

Sava, you are overlooking the extraeconomical uses of "inefficient" agriculture.

[TCO]

Originally posted by DinoDoc
Get the French to drop thier subsidies to thier farmers and we'll drop our tax breaks to exporters.

I am in favor of unilateral free trade. It does not hurt us to allow subsidized goods into our market.

[TCO]

Originally posted by paiktis22
A little story. So Poland gets its first taste of freedom with american extra cheap fast food restaurants opening up all over the place in a certain big city. The prices were unbelievably low. The american restaurants could afford to do so since the company to which they belong is rather big and can afford to make losses at its start up busniness in Poland and even it up more than enough from restaurants in other places.


The myriad of small polish restaurants in the area cannot possibly face such competition and they close down, one after one.

When all but a few remain, said company raises the price of its products to that of normal levels.

Result: cornerned market, both polish businesses and consumers fooked.

So yeah we would like your tax money
just an example of course.

A restaurant is one of the easiest businesses to start up. In the US, they are constantly starting up and closing. I hope you show more economic shrewdness in your reports.