Monday, January 15, 2007

Airbus

If you doubt socialism is an economic disaster, you only have to follow the Airbus saga. Today, finally, EADS is ending production of its A320 at a French factory and moving the operations to Hamburg. After how many years?

The only reason part of the A320 was in Toulouse in the first place is because it is the headquarters of the company and as a sop to the French unions.

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