“The truth is that our impoverished citizenry can no longer support the airline industry we once had. That’s why American and U.S. Air had to merge in order to stay competitive and profitable. That is the sad truth behind the headlines. The government is correct about one thing, the merger would result in fewer choices and higher fares for customers. But given the reduction of our living standards that outcome is impossible to avoid. If our government really wants to protect consumers and allow for more affordable air travel, a better solution would be to reverse the destructive policies that made the merger necessary in the first place.”
http://www.europac.net/commentaries/unfriendly_skies
Related posts:
Jacob Hornberger: The Pentagon’s B-52 Message to North Koreans
NDAA: It Still Makes a Mockery Of American Values
Gold: Dead Cat Or Raging Bull?
Blowback From U.S. Role As Global Tax Cop
An Ever Deeper EU to Join the Wall Street Party?
U.S. Now Bombing Assad Forces Openly In Syria
Bill Bonner: What if Mr. Summers weren't so brilliant, after all?
Gold: Fear vs. Greed – and Taxes [Bullish]
Central Bank Snuffs Out Vietnam’s Thriving Gold Market
Glenn Greenwald: What Foreign Policy “Debate” Means on “Face the Nation”
It’s Unofficial: Social Security Is Broke - Gary North
What's in the Vault?
Jacob Hornberger: Wrong Message in the Ulbricht Case
Bill Bonner: The worst candidate to replace Ben Bernanke
To protect restaurants, D.C. may curb food trucks
