Aurelius
Cody
YaBB God
Posts: 4,163
Political Matrix
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« on: September 03, 2022, 05:05:57 PM » |
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« edited: September 03, 2022, 05:28:45 PM by Marcus Aurelius »
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I frequently see people on here criticize Jimmy Carter for deregulating the airlines. But I have never seen an argument supporting this beyond "deregulation bad". The old system before deregulation was a price-fixing cartel that guaranteed airlines substantial profit, prevented competition, and made air travel exorbitantly expensive. Does anyone have an actual defense of this old system and why it's better than the current free-market system in which air travel is affordable for most people?
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