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On Fri, 9 May 2008 16:11:13 -0700 (PDT), "Robert M. Gary"
wrote in : On May 9, 10:36*am, Larry Dighera wrote: If the competition starts charging passengers for pillows and blankets, it will ripple through the other air carriers, and ticket prices will fall commensurately across them all, right? *And if one airline in it's attempt to increase revenues reduces leg-room so that it can carry more passengers in a given aircraft, the other's will have to follow suit, or become priced out of the market, so ticket prices fall, right? *Competition frees airlines to self-regulate; how can that be bad? *So why is Congress being asked to re-regulate airlines? Because some people make a great deal of money off gov't regulation. Which 'people' mad a great deal of money due to airline regulation in the past? In fact, that is what gov't regulation does. It disrupts the natural forces of the market and directs artificial amount of money towards certain people. There's little question that government regulation "disrupts the natural forces of the market," but I don't see that as a bad thing. I'm afraid I don't understand how government regulation "directs an artificial amount of money towards certain people," unless your referring to corrupt government regulators and politicians. In this case the union dudes are afraid they aren't getting enough right now. I think it's more a matter of those currently employed by the airlines fearing the inevitable firings usually associated with consolidation/mergers. |
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