Jacques Chirac Quotes
The Airbus consortium will not be daunted by the Americans who killed off the Concorde …. We will fight any trade war blow-by-blow as the future of the aeronautical industry and their employees are at stake.
The Concorde was a French supersonic passenger plane that required a passenger fare of twice the normal fare in order to pay for the increased costs. The plane served an elite niche market but never captured enough of a market to sustain the program. Complicating the situation further, the sonic boom that could be heard on the ground when the Concorde flew over, made American communities reluctant to allow the plane to overfly their area. The result was that the U. S. would only grant permission for Concorde flights to land / take off from New York / Washington and Los Angeles / San Francisco where the approach would be over the ocean. Chicago, Dallas, Denver, Kansas City and other natural American markets were closed to the Concorde. As was the lucrative New York to Los Angeles market where the Concorde could have made the trip in under 3 hours. The French have attributed the Concorde failure to American policy which they claim was protection for Boeing and the domestic aircraft industry. When the Airbus program began in Europe, the United States objected to a variety of “illegal” subsidies that France, Germany and other EU governments were giving to Airbus contrary to the international trade rules. The Europeans countered by observing that the U. S. in effect subsidized Boeing via large military purchases without which the cost of the Boeing civilian plans would have been much greater. There has been a low level trade war over aircraft manufacturing from the beginning. See {634597} for some of the other reasons.
Jacques Chirac, French Premier & President, Mayor of Paris 1970s, Quoted in Political Science Quarterly, Winter 2006-2007
Sourced by: Eigen's Political and Historical Quotations
In the Meltdown of 2008, the American Auto Companies were in dire straights and faced bankruptcy with no certainty that the industry could stay alive., They were running out of money and President Obama decided to make loans, take stock and control and force modernizing on the industry. As a result, and with some Toyota mismanagement, the companies returned to profitability and paid back their government loans early and as a result the bailout had not cost the taxpayers any money. Creditors however were outraged that the lost their preferred advantage had their been a bankruptcy.
In the 19th century, most socialists thought that the government was the major creator of jobs. In the 20th century, most socialists acknowledged that jobs could emanate from both the public and private sectors. Here in the 21st century, one of the world’s leading socialists, stated that private companies were necessary for full employment.
Whitaker was right bet at that time his advice was not heeded. When Ireland late in the 20th century finally acted on his advice and eliminated almost all of their protectionism, the economy thrived and not only did the Irish emigration stop, but people began to immigrate to Ireland for the economic opportunity.
The Export-Import Bank lends money at good interest rates to foreign businesses to buy goods manufactured in the United States. It creates hundreds of thousands of American jobs each year, and costs the American taxpayer nothing; the bank actually makes money, None the less, it has been the policy of the extremist conservative Republicans like the Tea Party to oppose the bank’s charter renewal.
The president was explaining the importance of the Trans-Pacific Partnership (TPP) which his administration had successfully negotiated with most Pacific Nations but had run into significant opposition in the United States, where trade pacts in general were being blamed by many Americans—–including politicians—–for the low wages and not enough jobs for many middle and lower class workers who did not experience quality education in science, technology, engineering and mathematics or a few other areas that www in great demand.
There were many Americans and Mexicans who believed that the conquest of all of Mexico was well under way, our having earlier obtained Texas, New Mexico, Colorado, California, and Arizona.
Commenting on why the French conducted industrial espionage against American companies:
The issue of free trade verses protectionism has been with us throughout American history with national sentiments going one way and then later the other, only to come back and the cycle has gone on. Floyd was very modern in his economic views, so much so that he, even as a Southern politician, opposed slavery on the grounds that it was economically inefficient and the South would never develop industrially if it had no incentive, as existed in the North and England, to reduce the amount of labor required for economic opportunity. He was right on that point as well.
Earlier, Jefferson was opposed to manufacturing in America as factories were a social blight in Europe which he wanted to keep out of the United States. He felt that we could import whatever we needed from Europe and not have the evils of industrialization. However, with the War of 1812, the Barbary Pirates and his mellowing when no longer President, and his willingness to change his positions as he learned more, he issued this letter. See another the following year: {615634}. His was considered such an important change of position—today we would accuse him of a flip flop— that other journals and periodicals reprinted the letter and commented upon his change. Despite his changed position, most Americans believe that Jefferson was opposed to manufacturing and industrialization for his entire life—not just the first part.
This is one of the earliest examples of the establishment of a type of Commerce Department – a government institution to look after the commercial affairs of the state.
This is the origin of one of the first Departments of Commerce.
Subsidies for Economic Development are not a modern invention.
- Born: November 29, 1932
- Died: September 26, 2019
- Nationality: French
- Profession: Statesman
Jacques René Chirac was a French politician who served as President of France from 1995 to 2007. Chirac was previously the Prime Minister of France from 1974 to 1976 and from 1986 to 1988, as well as the Mayor of Paris from 1977 to 1995.
