Friday, December 06, 2002

Let them ride bikes: Thank God, our government has some sense left in its collective brain. With its refusal to guaranty $1.8B in loans to United Airlines, it may have killed the airline, but saved the industry. Until these fools can figure out how to competitively run air travel, let them fail. Will it inconvenience us? Short-term, but like taking a trip by air isn't a major inconvenience anyway. I'm not saying it's easy to wrangle 3-4 unions, deal with unpredictable weather, fuel costs, and maintenance (see Amtrak), but there has to be a way to do it. Clearly as long as the government backs these companies up, they will never have the incentive to be truly efficient (see Amtrak). People forget that not long ago, flying was seen as a privilege, and saved for special occasions. Yes, flying is ubiquitous and necessary nowadays, but there is no reason to treat it like some sacred cow. I don't see Greyhound calling for federally-guaranteed hand outs.

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