R1830toIAE2500,

Very interesting post, however, I am no economist and don't understand those numbers. It just doesnt make any sense to me either from a down to earth stand point that so much waste and glut could make for a better system for the consumer. Our national business system is based upon free enterprise. Accidents are down since before regulation and consumers enjoy an abundance of variety and low fares. The fares as SWA are so low that Greyhound has been suffering as a result. Pay should also be based upon a free market economy. The only reason that I can see why pilots expect such high salaries is because of the fat paycheck tradition that the airlines have. Now that supply and demand is having an effect upon pilot pay it is relaxing to a more competitive level. The only reason that I can see for returning to regulation is to preserve the status quo. As a whole the concept is totally un-American. Perhaps the Russians should return to communism?

SkyHigh