No one has responded as to why the government should even give a happy damn about a low cost airlines. I mean it is comical. Cut food stamps, ah, I don't get food stamps. Cut health insurance premiums, ah, I get mine at work. Limit polling stations, ah, I vote in the basement at my local church. Eliminate cheap airline tickets, OH HELL, the government best do something about it.
The merger was a brazen effort at rent-seeking. Jet Blue has been up Spirit's ass for years. It would have made extra profits, in the form of "rents", easy pickings. The reality is, this economy loses something like THREE TRILLION dollars a year in rents. Estimates are that our incomes have been reduced by 45%, and GDP is 25% less, than where it would be due to the cumulative effect of those rents over the last forty years.
I mean you can look at graphs, say, GDP growth year over year, the trend line moves downward around 1980. At the same time, income growth collapsed to near nothing while productivity soared. Working to eliminate rent seeking is the golden ticket. I mean the numbers speak for themselves. Deficit, we wouldn't have one. Wealth inequality, well yeah, it will always be around but there will be fewer Mega-yachts and more F-150's.
This has been at the core of the messages from Bernie Sanders and Elizabeth Warren. But talk about MSM, does anyone even know what rent-seeking is? But this whole thread is a master class in the Republican art of deception and deflection. An action to address rent-seeking behavior and prevent an oligopoly market is opposed by screams of jobs, cheap airfare an government involvement in the private market.