White House issues executive orders mandating that airlines increase their prices.

Embarrassing.

More nanny state posturing.

Meanwhile corporate cronyism abounds on both sides of the aisle.

I long for the days of the free market.

Lazy fare wrote:

http://www.cnbc.com/2016/10/19/white-house-unveils-airline-passenger-protection-industry-transparency-efforts.html

The cost of plane tickets have never been within reach of so many people since airline deregulation. Clearly we can't have that!

flying in the US is still expensive. the profit margins must be huge. and you are listening to some bogus A4A agenda? come on, they can make it so much better.

one of these days ryanair will take over and then competition will be rough. then we will see how low they can go.

Lazy fare wrote:

http://www.cnbc.com/2016/10/19/white-house-unveils-airline-passenger-protection-industry-transparency-efforts.html

The cost of plane tickets have never been within reach of so many people since airline deregulation. Clearly we can't have that!

False. They issued an order mandating that all costs & fees be provided up-front. This is not the same as "increasing their prices."

The Obama administration had great chances to protect the public by applying well established antitrust doctrine but failed.

https://www.propublica.org/article/airline-consolidation-democratic-lobbying-antitrust

adsfasdfsafsd wrote:

Embarrassing.

More nanny state posturing.

Meanwhile corporate cronyism abounds on both sides of the aisle.

I long for the days of the free market.

Unfortunately it seems like most voters lack even the most basic vocabulary or understanding to address this problem. Support for free-market capitalism is at an all time low even though most of our problems are caused by cronysim--the opposite of free market capitalism. What's even more infuriating is that Bernie/Hillary style regulation enable the cronyists...and all liberal and most conservative voters are too stupid to understand this.

Comprehend this wrote:

Lazy fare wrote:http://www.cnbc.com/2016/10/19/white-house-unveils-airline-passenger-protection-industry-transparency-efforts.html

The cost of plane tickets have never been within reach of so many people since airline deregulation. Clearly we can't have that!

False. They issued an order mandating that all costs & fees be provided up-front. This is not the same as "increasing their prices."

Where do you think the money for the increased costs of business is going to come from? The magic Keynesian multiplier?

somebloke wrote:

Lazy fare wrote:http://www.cnbc.com/2016/10/19/white-house-unveils-airline-passenger-protection-industry-transparency-efforts.html

The cost of plane tickets have never been within reach of so many people since airline deregulation. Clearly we can't have that!

flying in the US is still expensive. the profit margins must be huge.

Since these greedy companies are so profitable, go load up on airline stock and let me know how that works out for you.

Comprehend this wrote:

Lazy fare wrote:http://www.cnbc.com/2016/10/19/white-house-unveils-airline-passenger-protection-industry-transparency-efforts.html

The cost of plane tickets have never been within reach of so many people since airline deregulation. Clearly we can't have that!

False. They issued an order mandating that all costs & fees be provided up-front. This is not the same as "increasing their prices."

Currently it is like buying a $10 item for free on eBay with a mandatory $20 shipping fee.

lollllz wrote:

somebloke wrote:

flying in the US is still expensive. the profit margins must be huge.

Since these greedy companies are so profitable, go load up on airline stock and let me know how that works out for you.

I don't know where the money goes and neither do you. I have a feeling it is all profit.

final price to the consumer is way more expensive than in Europe -- this is my argument. is that concept too hard for you to understand?

somebloke wrote:

lollllz wrote:

Since these greedy companies are so profitable, go load up on airline stock and let me know how that works out for you.

I don't know where the money goes and neither do you. I have a feeling it is all profit.

final price to the consumer is way more expensive than in Europe -- this is my argument. is that concept too hard for you to understand?

If that was your argument you done a poor job of communicating it.

Show us some price comparisons to validate your point and also look to see if European Airlines get financial support from EU or their individual countries.

somebloke wrote:

lollllz wrote:

Since these greedy companies are so profitable, go load up on airline stock and let me know how that works out for you.

I don't know where the money goes and neither do you. I have a feeling it is all profit.

final price to the consumer is way more expensive than in Europe -- this is my argument. is that concept too hard for you to understand?

Well then like I said...go load up on as much US airline stock as you can afford. Since US airlines are so wildly profitable (according to you), you'll be rich in no time.

Requiring actual costs to be disclosed to consumers does not require an increase in costs. It is an attempt to make the market more transparent and efficient. If the market does become more efficient, inefficient competitors now relying on misleading pricing will be disadvantaged, as they should be in an efficient market. Efficient competitors will have a corresponding advantage.

IIIIIIIIIIIIIIII wrote:

Requiring actual costs to be disclosed to consumers does not require an increase in costs. It is an attempt to make the market more transparent and efficient. If the market does become more efficient, inefficient competitors now relying on misleading pricing will be disadvantaged, as they should be in an efficient market. Efficient competitors will have a corresponding advantage.

You clearly didn't read the article because price transparency is only one of several expensive regulations being enacted. And even if it was...are you really so stupid as to think there are no costs associated with this?