Airline Welfare Bailout Produces Crappy Airlines, Repeat » Oliver Willis

Airline Welfare Bailout Produces Crappy Airlines, Repeat

Published April 11, 2008 in Business, Economics and Economy.

I was thinking about this but then someone actually did the work. One of the major issues I wrote about on this blog back after 9/11 was about the free money congress and the president handed to the airlines. Just let them die. Trust the market, and let them die. I fear that my sentiments about Bear Stearns are going to work out similarly.

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