dogman_1234 :
Explain to me then why there are so many bankruptcies that follow and all the ridiculous frees and low wages for pilots?
You paint a perfect picture like dereg is great, try working in the industry like my grandfather...he hates dereg and what it has done.
It would be difficult to understand your Grandfather's feelings without knowing some of his exact circumstances. Probably has worked or is working for an airline that is not competing as well.
Low wages are sometimes a part of market competition, but high wages also are. It is supply and demand. Since a lot of people want to be flight attendants and airline pilots, the supply of labor has gone up and wages have gone down. Conversely if you are working in almost any medical field right now wages are going up big time. Nurses now make more than engineers.
The free market is all about competition and sometimes there are losers. I worked as a carpenter to put myself through college. When I first started a journeyman could get $16.00 - $18.00 an hour. With the huge influx of illegal aliens into Arizona, framers now get maybe $12.00 an hour and that is 15 years later. This is not the free market's fault - it is simply reacting to supply and demand. In this case the government is not doing it's Constitutional duty to police the borders, but as we have mentioned, the government does nothing well.
The fees are a part of the free market also and you would not want government to interfere with that. If a company can charge $100.00 for a bag fee and get away with it, then they make more money. Southwest Airlines have a whole TV ad line exploiting this and as a result of their more customer-friendly policies (no bag fees) they are flourishing.
The bankruptcies / failed airlines after deregulation happened because the government was artificially propping up the airlines to a level that the free market could not sustain. They did this because it was thought that a certain number of airlines were necessary for national security (they are critical during war). They were somewhat like AMTRAk. This is the famous passenger line railroad kept afloat by the government for much the same reason. When deregulation occurred, those airlines not able to adjust either merged or went out of business.
The competition that the free market brings sometimes is not pretty but it is necessary. It is this competition that makes our businesses sharp and ready to compete with the rest of the world. It is a little like an athletic competition. The best athletes prosper, mediocre athletes get cut. In this analogy, the government is a little like the referees making sure that everyone plays by the rules.
Without competition you have the failed models of communism and socialism or complete the anarchy that accompanies dictatorships. We now see many of the quasi-socialist governments in Europe moving to conservative principles because their huge governments have spent them into poverty. Thus France elected a conservative prime minister (Sarkozy) and several conservative changes are going on in Italy which have caused large protests.
The Italians are used to the government supporting them, but their nation's debt has reached a breaking point that threatened to crash the euro's value. To a lesser degree, this is happening right now in our nation to the dollar because of the Democrat's and Obama administration's overspending. The dollar has plunged in value and is in danger of losing its coveted status as the world's most stable currency.
The Democrat's and Obama administration's goal of a huge central government is in all practical aspects just a version of socialism. The economic model of socialism has been proven to be an absolute failure repeatedly. Our economic model of capitalism has in just a very short time period historically given us the most powerful economy in the world, which has made us the most powerful nation in the world.
We must get our financial house in order and as with a private household, cutbacks are not pleasant. When we cut government services, there will be people who are affected but the government is not the all-caring nanny to every American citizen. It was never meant to be by our nation's founders who designed it - nor is it capable of doing that function (Italy has shown us this) . If it takes a government shutdown to get our leaders to start paying down the national debt then I am all for it.