Turbonics@lemmy.sdf.org to Progressive Politics@lemmy.world · 1 day agoToo accuratelemmy.sdf.orgimagemessage-square41fedilinkarrow-up1573arrow-down113
arrow-up1560arrow-down1imageToo accuratelemmy.sdf.orgTurbonics@lemmy.sdf.org to Progressive Politics@lemmy.world · 1 day agomessage-square41fedilink
minus-squareHobbitFoot linkfedilinkEnglisharrow-up5·1 day agoCarter deregulated a lot, including the passenger airline industry.
minus-squarechaogomu@lemmy.worldlinkfedilinkarrow-up6·1 day agoTo be fair, the regulations at the time meant that only the richest assholes could afford to fly anywhere. The airlines were literally forbidden from competing on price. The problems started when Reagan allowed the first mergers.
minus-squareHobbitFoot linkfedilinkEnglisharrow-up1·23 hours agoI don’t know if preventing mergers would have helped. There were a lot of airlines that went bankrupt during that time.
What did Carter do?
Carter deregulated a lot, including the passenger airline industry.
To be fair, the regulations at the time meant that only the richest assholes could afford to fly anywhere. The airlines were literally forbidden from competing on price.
The problems started when Reagan allowed the first mergers.
I don’t know if preventing mergers would have helped. There were a lot of airlines that went bankrupt during that time.