Acidus wrote:
This is another example where the mantra of "Let the market regulate itself" utterly fails.

Is air travel really a free market? If you regulate almost everything about an industry can you call it free? Where is the competition? I can't buy a Cessna tomorrow and start charging for ride to Charlotte. The largest expense someone has now for starting an airline isn't the plane or the fuel its for the lawyers to fill out every form the government requires. And lets not forget the cost of insuring ongoing compliance with TSA and FAA regulations.

This is another example where the mantra of "Lets regulate an industry till it can barely function then blame it on the failure of the free market" utterly gets chanted like a hippie mating call at a pro peace bonfire.

RE: Free Market Failures