On Mar 19, 10:55 am, Mxsmanic wrote:
Robert M. Gary writes:
And increasing efficiency in production is bad because.....????

Who said anything about increasing efficiency?

Products at less costs define "efficiency" of production. Grab a high
school economics book.

I think your socialist upbringing (French, right?) ...
Think again. Since you are wrong about this, what else might you be wrong
about?

France is (and is proud of being ) a socialist country. Only a
Frenchman wouldn't notice that.

... the purpose of a company is to provide employement. Just wrong.

Not entirely wrong. I believe that large companies have an obligation to
society in addition to an obligation to their owners.

Totally wrong in a capitalist society by definition. The obligation to
society is to maximize efficiency (i.e. make lots of money by
providing consumers with great value)

I look forward to the less expensive flights that will eventually come.

What makes you think that flights will be any less expensive?

Less expensive airplane + competition = better consumer value.
Something you would learn in a high school economics class, and the
primary reason leftist have fought hard against teaching economics.

My biggest fear is that China does nothing, Airbus goes broke (losses
gov't backing) and Boeing will have no competition.

Boeing already has very little competition. Airbus barely counts.

"Barely" is certainly wrong. Airbus shipments and orders continue to
keep pace w/Boeing. If Airbus got out of the business Boeing prices
would probably increase at least 20%. Since the French gov't puts to
much of its own money into Airbus, the effect is France is subsidizing
my flights! I'm ok with that.

-Robert