Labels: Free Market, Government Corruption
The grounding of American Airlines flights has less to do with safety and more to do with the FAA trying to let the airline companies know who's boss. So, while hundreds of thousands of passengers are busy blaming American for ruining their travel plans, the folks at the FAA are busy rubbing their hands together in a fiendish manner and doing their best Dr. Evil laugh.
| 4/11/2008 |
Fly the Fiendish Skies
1 Comments:
More like a case of the FAA suddenly under fire for not doing their job, and deciding to teach Congress a lesson... "what, you demand we do our job? Well, take THIS!".
There is no indication that the problems that American, Southwest, etc. faced with their airliners were not real problems. It is simply that the FAA was turning their eyes away until recently rather than requiring the airlines to properly maintain their aircraft, under the principle that the problem with government is, well, government.
Unfortunately, what we found is that if government does not regulate the airlines, the airlines allow their airliners to fly with structural problems that could lead to a mid-air breakup of the airliner. Thus government regulation to force the airlines to correct structural problems with their airliners. This isn't exactly something that folks who view government regulation as Evil(tm) should be pointing out, since according to pure free market advocates, the airlines would have just naturally, via Adam Smith's "invisible hand", fixed those structural problems themselves with no external prompting. The fact that it didn't happen... (shrug). I can't help it that reality contradicted ideology!
- Badtux the Regulated-free-market Penguin
Post a Comment
Subscribe to Post Comments [Atom]
<< Home