Turbonics@lemmy.sdf.org to Progressive Politics@lemmy.world · 2 months agoToo accuratelemmy.sdf.orgimagemessage-square51linkfedilinkarrow-up1657arrow-down116
arrow-up1641arrow-down1imageToo accuratelemmy.sdf.orgTurbonics@lemmy.sdf.org to Progressive Politics@lemmy.world · 2 months agomessage-square51linkfedilink
minus-squareHobbitFoot linkfedilinkEnglisharrow-up5·2 months agoCarter deregulated a lot, including the passenger airline industry.
minus-squarechaogomu@lemmy.worldlinkfedilinkarrow-up7·2 months 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-up1·2 months 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.