Comment Re:Boohoo (Score 5, Insightful) 439
But the US people will pay again for the arrogance of the government.
I, like the vast majority of the US, am neither a shareholder nor employee of Boeing. Explain to me how this costs me a lot of money.
You pay in a couple of ways. This hurts our entire economy. So any stocks you own(of which most retirement accounts are made up of) will lose value. There's the entire supply line that is now impacted, so further damage has been done(why else did so many support the auto bailout). You lose in that this lack of trust in one company means that the world might not trust another in which you are directly involved with, which will cost you. Don't think that a major country's petty BS that leads to them cancelling negotiations with a US company won't hurt you just because you have no vested interest in that company. The ripples are far bigger than you might think.