The oil industry subsidizes the federal government at a rate of $95 million a day".
Explain that they will be learning about the process of industry subsidizing and how it affects both the American and international markets for that particular industry.
The head of the oil and gas lobby in Washington contends that the president has it backward — that the industry subsidizes the government, through billions of dollars in taxes and royalties, not the other way around.
While it is reasonable to expect that a region blessed with access to an abundance of low-cost energy to have a competitive advantage in energy intensive industries, subsidizing domestic users far below international benchmark prices is also likely to have distorted patterns of investment to be overly focused on the production of energy intensive basic commodities.
It is fundamentally corrupt and dishonest to call it reform when leaders want to cripple government, then hand it over to private industry, usually subsidized by taxpayers, but for other people's profits.
Corporatist advocates of "free-market" health care see no contradiction in a health care model built around for-profit commercial insurance middlemen and the profiteering pharmaceutical industry, both subsidized by hundreds of billions of taxpayer dollars annually.
Instead, the federation wants the tobacco industry to subsidize modern ventilation systems.
According to his master plan, surpluses generated by vigorously productive labor in the countryside would support industry and subsidize food in the cities.
That would be far higher than the 30 percent tariffs the U.S. Commerce Department imposed in the spring, after determining that the Chinese industry was subsidizing and dumping its panels in violation of World Trade Organization rules.
