Originally Posted by
1900luxuryliner
Yeah, she'll break through the levees, and leave a path of destruction in her wake. Look what happens when the free market runs wild, with no checks and balances. The entire American economy boarders on self-destruction, and billions are shoveled out in bailouts, just to keep the country's economic system from melting down.
I'm all for a free market, but when it's left unchecked, things are bad for everyone.
What brought us to this point?
I believe it was the Fed keeping interest rates artificially low. This is what happens when the government interferes with the free market and fixes the price of money (interest rates). If we had no fed (like the constitution dictates) and let the free market control the price of money, we wouldn't been here.
Government isn't the answer, it's the problem
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In response to your question on how do we keep supply low:
We don't. Would you want the price of beef to be kept low so farmers could make more money, at the expense of the consumer? Or the supply of medicine, or milk, or gasoline?
Go to the library and pick up a copy of Economics in one lesson By Henry Hazlitt, it's a good book.
But the bottom line is that airline unions are not going anywhere.