The only act out there is your act, and it's wearing a bit old. You said bailouts, and deregulation has nothing whatsoever to do with bailouts. If you want to have a conversation, try making sense. lol dude. barfo
Serious question: Do you actually think what you type makes sense? Are you just jerking me around, or are you really really high? barfo
Dude you don't have any excuses, take some midol and read slower next time I promise you'll feel better. There's only one act that freed that market, in your rush to judge me you made a bad comment. I forgive you man.
You haven't (and cannot) explain what bailouts have to do with it. So I forgive you too, but I'm going to try (and probably fail) to not respond to any more of your posts. barfo
barfo first off, why are you focused on the most unimportant BS in this entire thread? Lol ok whatever though I'll deal with you. Well you simply haven't learned a thing about the public sector. Barfo whenever the government runs any sector, they channel millions of taxpayer dollars into their terribly run companies. Socialism prescribes fixed rates and laws in situations where they are not ideal, hence we have to bail them out. And subsidies were ended by the act as well. You're like Chris Matthew's clone, chill brah.
By the way barfo, sorry to bring up your nemesis again but FDR hates you. They're called public unions, and eliminating them from industries stops bailouts funded by us, the taxpayer.
I think you've been badly misinformed. First of all, the government never ran the airlines. They were always private businesses. Direct subsidies to airlines were never part of the pre-deregulation system, nor were bailouts. Instead, fares were set artificially high by regulators so that airlines were guaranteed to make money even while flying relatively few passengers. The burden of that regulatory system was borne by the passengers, not the taxpayers. On the other hand, airlines have always benefited from massive indirect subsidies, and they continue to do so today. All of the airports are built with taxpayer money. The FAA is run with taxpayer money. These are huge, expensive subsidies that we provide to the airlines (presumably because we as a people believe it is important to have air transportation). It's also the case that various governments now subsidize flights to small towns which would otherwise be unprofitable for the airlines to serve. In the pre-deregulation days, the government forced the airlines to fly those unprofitable routes, but set fares on the profitable routes high enough to cover the cost of going to the smaller towns. So what was once subsidized by the business traveler is now subsidized by the government. So in that sense, you have it completely bass-ackwards. barfo
Right its a partial deregulation, and the only one of its kind. I don't recall stating otherwise. What a fraudulent response given the moronic restriction of this industry and your support of it. Well it's called interstate commerce, you apparently have no idea what that means. It affects most taxpayers directly or indirectly try to read about the commerce clause in case you want to familiarize yourself with reality. Your wasteful government supported programs affect the entire country. "Even the partial freeing of the air travel sector has had overwhelmingly positive results. Air travel has dramatically increased and prices have fallen. After deregulation, airlines reconfigured their routes and equipment, making possible improvements in capacity utilization. These efficiency effects democratized air travel, making it more accessible to the general public. Airfares, when adjusted for inflation, have fallen 25 percent since 1991, and, according to Clifford Winston and Steven Morrison of the Brookings Institution, are 22 percent lower than they would have been had regulation continued (Morrison and Winston 2000). Since passenger deregulation in 1978, airline prices have fallen 44.9 percent in real terms according to the Air Transport Association. Robert Crandall and Jerry Ellig (1997) estimated that when figures are adjusted for changes in quality and amenities, passengers save $19.4 billion dollars per year from airline deregulation. These savings have been passed on to 80 percent of passengers accounting for 85 percent of passenger miles. The real benefits of airline deregulation are being felt today as never before, with LCCs increasingly gaining market share."
Nice but you're cornered now. "First, Congress may regulate the use of the channels of interstate commerce; Second, Congress is empowered to regulate and protect the instrumentalities of interstate commerce, or persons or things in Interstate Commerce, even though the threat may come only from intrastate activities; Finally, Congress's commerce authority includes the power to regulate those activities having a substantial relation to interstate commerce (i.e., those activities that substantially affect interstate commerce" According to you a wide range of supreme court cases should be overturned, you have absolutely no clue how your ignorant regulation burdens the entire nation not just passengers. The net loss of profit rears its ugly head throughout the economy, you still haven't grasped that.
My support of it??? Your reading is as bad as your writing, apparently. Gee, interstate commerce. I love it when you use those big words. All that is certainly true, and contradicts nothing at all that I said. No question, fares came down significantly, as did airline profits. But that has nothing whatsoever to do with government subsidies or bailouts, as you were claiming. barfo
Again, you are ascribing to me views that I don't have. If I dispute something that you state as fact but is actually untrue, it does not imply anything about my views on other matters. You made a mistake about subsidies and bailouts, but that doesn't mean I want to go back to regulating airlines. It just means you didn't know what you were talking about. barfo
Sorry barfo but you guessed wrong this time. Yes you keep questioning me. You continue to cheerlead these policies. That's how I role nigguh. Sure it does, it goes against your entire philosophy. Well this is where you blew it, what do you think a bailout is and how it is funded? The taxpayer is burdened by it, you don't know what you're talking about. The Supreme Court has consistently ruled against you and your assertions of what does, and does not impact interstate commerce.
Nope, you fucked up. "fares were set artificially high by regulators so that airlines were guaranteed to make money even while flying relatively few passengers. The burden of that regulatory system was borne by the passengers, not the taxpayers. "
If you really want to argue that point, go ahead... I'll wait. But I think you are just digging your hole deeper. barfo
Dude, there's nothing to argue I know Constitutional law. We can shift this back into the economy if you want though. Either way you're screwed.
