Airline deregulation facts (1993)- Ticket prices in real terms are 20 percent lower than in 1978 when deregulation took effect.- Over 100,000 new jobs have been created in the airline industry since 1978.- In 1978, 17 percent of travelers could book non-stop flights between cities. In 1989, 27 percent of traverlers could.- In 1978, 28 percent of all travelers could chose from 3 or more airlines. Today 55 percent can chose from 3 or more airlines.
While it is largely agreed that there is a crucial need to defend the freedom of business in order to avoid additional regulation, the fact that free enterprise has already been crippled by government intervention is ignored…. Many business spokesmen seem to believe the existing system of interventions represents free enterprise, whereas any new regulations would be socialistic. Charles G. Koch
‘Anti-Capitalism and Business,’ Reason Magazine, December 1975
When law and morality contradict one another, the citizen has the cruel alternative of either losing his sense of morality or losing his respect for the law. Frederic Bastiat
Welfare’s purpose should be to eliminate, as far as possible, the need for its own existence. Ronald Reagan
Ronald Reagan, Los Angeles Times, January 7, 1970
We don’t like their sound. Groups of guitars are on the way out. Decca Recording Company executive
Decca Recording Company executive, turning down the Beatles, 1962
God made the Idiot for practice, and then He made the School Board. Mark Twain
Mark Twain (Samuel Langhorne Clemens), The Tragedy of Pudd’nhead Wilson, 1894 (1835-1910)
We cannot escape our destiny nor should we try to do so. The leadership of the free world was thrust upon us two centuries ago in that little hall of Philadelphia. Ronald Reagan
Ronald Reagan, Jan 25, 1974