So the government deregulates the airlines, the free market has a chance to take over, people show that allowed to choose they would rather pay less for a ticket, than get a steak and lobster dinner on the flight. Airfares are lower than they ever were. There are more airline pilot jobs at the majors than there ever were. There are more people flying, more miles on more airplanes than ever. And deregulation is a failure?
The failures cost the governent a whole bunch of money because the government chooses to bail these companies and their employees out. And you see the problem is the deregulation? The growing culture of turning to the government to solve all of our problems has nothing to do with this?
The PBGC, FDIC, Fannie, Sallie, Freddie; they all need to go. The government needs to get out of the business of back-stopping just about every financial transaction americans undertake. The problem is not too little government, the problem is too much government.