Turbonics@lemmy.sdf.org to Progressive Politics@lemmy.world · 1 year agoToo accuratelemmy.sdf.orgimagemessage-square51linkfedilinkarrow-up1657arrow-down117
arrow-up1640arrow-down1imageToo accuratelemmy.sdf.orgTurbonics@lemmy.sdf.org to Progressive Politics@lemmy.world · 1 year agomessage-square51linkfedilink
minus-squareHobbitFoot @thelemmy.clublinkfedilinkEnglisharrow-up5·1 year agoCarter deregulated a lot, including the passenger airline industry.
minus-squarechaogomu@lemmy.worldlinkfedilinkarrow-up7·1 year 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 @thelemmy.clublinkfedilinkEnglisharrow-up1·1 year agoI don’t know if preventing mergers would have helped. There were a lot of airlines that went bankrupt during that time.
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.