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Industry specific research designed to increase its use
Posted on: May 23, 2017 at 16:29:30 CT
Spanky KU
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is a subsidy. The coal industry should be paying for this research themselves. (which means they would have to charge their customers a higher rate for pay for the research)
If the Fed uses taxpayers to fund that research, the industry doesn't need to charge their customers... that makes it a subsidy.
sub·si·dy
ˈsəbsədē
noun
1. a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
Edited by Spanky at 16:32:51 on 05/23/17
If the Fed uses taxpayers to fund that research, the industry doesn't need to charge their customers... that makes it a subsidy.
sub·si·dy
ˈsəbsədē
noun
1. a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
Edited by Spanky at 16:32:51 on 05/23/17
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Industry specific research designed to increase its use - Spanky KU - 5/23 16:29:30