[Squawk 8888]

I wouldn't worry much about corporate welfare because in the export market there's no real advantage. What the companies gain in subsidies is negated by the higher cost of doing business imposed by interventionist governments- that's why Boeing and Airbus are on the same competive level, Airbus is heavily subsidized but they have to contend with French labour law. Same thing for Bombardier- Canadian payroll taxes and labour laws, though not as barbaric as the French, are still pretty brutal compared to the USA.

[eBelasco]

Boeing receives it's fair share of subsidies too.