"Sander Vesik" wrote in message
...
In sci.space.policy Ralph Nesbitt wrote:

Who picked up/covered Devolpment Cost Write Offs? IRC the British &
French
Gouvernments. "Botom line The Concord Service was "Government
Subsidized".
Ralph Nesbitt


Which of the two concepts:
* write-offs
* subsidy

is the one you don't understand?

--
When a gouvernment funds devolpment costs of a project. Then "Swallows
Devolpment Costs" by writeing them off, reduceing unit costs to "Private
Customers" so a "Operational Profit" can be shown, constitutes a "Subsidy"
IMHO.
Ralph Nesbitt
Sander

+++ Out of cheese error +++