[Futurework] Hurrah for the GU!

[Harry Pollard]

Hi! The Great Unwashed are victorious for a change. The ‘unregulated’ airlines have held on tightly to their Gates – even when they weren’t using them. This was a way to stifle the competition of the market. But when the Gates become available, the market does its job – to achieve the best quality at the lowest price. So instead of being high priced luxury travel with obsequious flight attendants, airlines have to return to being really common carriers of the less well-off.  If they will let you in, you can find the whole story at: http://online.wsj.com/article/the_middle_seat.html?mod=djemtct Meantime, here is a snippet. “Since US Airways announced last fall that it would stop using Pittsburgh International Airport as a "hub," five discount airlines came rushing in and bigger legacy airlines beefed up service. Fares plunged: Prices for round-trip flights from Pittsburgh to Philadelphia, for example, fell to $186 from $680. So people travel more. While the number of connecting customers is down sharply at Pittsburgh, the number of passengers beginning trips there was up 12% in September compared with last year, according to the airport's manager, the Allegheny County Airport Authority.” In spite of attacks from left and right, the market pops up again and again – for the benefit of all of us. Harry ******************************** Henry George School of Social Science of Los Angeles Box 655  Tujunga  CA 91042 818 352-4141 ********************************

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