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Re: NY congressman Higgins writes Amtrak's Moorman in support of reopening Buffalo Central Terminal

Posted by Nilet on Mon Mar 20 22:38:06 2017, in response to Re: NY congressman Higgins writes Amtrak's Moorman in support of reopening Buffalo Central Terminal, posted by Henry R32 #3730 on Mon Mar 20 22:03:15 2017.

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Subsidy is cold hard cash.

Here's a better example.

If I give you $500, that's a subsidy.

If I lend you $500, and then immediately release you from your obligation to repay the loan, that's also a subsidy, even though I haven't given you a single penny in cold hard cash; I've merely "removed the leech" of loan repayments from your bottom line.

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