[The_Republican]

Bunch of edit due to 300 words limit. Good Read! Critical industry - has to survive.

[the invisib1e hand]

Brett Stephens had a good column in the Journal today (never bother with the news side, it’s as wicked as NYT) discussing “core theory” and airlines. Constructively thought-provoking.

[peyton randolph]

Article in Dallas Morning News suggested that American Airlines should make a bid for Northwest. That would make too much sense. AA is a rudderless behemoth that stays afloat only because of protectionist measures like the Wright Amendment that prevent Southwest Airlines from destroying it.

[oldbill]

I don’t see a single one of his “Realities” addressing any of the “Myths”.

For example, Myth One: Airline mergers most certainly DO cause big job losses. The fact that oil prices and bankruptcies also cause job losses does not change the reality that mergers do cause job losses.

This is another example of modern journalism, where logic and reasoning are no longer applicable. Just throw something out there.

And this is supposed to be the business bible. Of course, the Journal also does not believe 20 million illegal aliens take American jobs, so at least they are consistent - consistently wrong.

[cartoonistx]