Spirit Airlines and Spirited Government Ineptness
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If only there was a way to avoid taxpayers now bailing out a failed private enterprise whose pricing model cannot work in this economy? Well, there was -- it was a merger with a more capitalized and established brand name airline, only the same government about to spend your tax dollars on a failed private business with no national security connections whatsoever was the same one who blocked the private markets solution that would have been a winner for everyone. Now, instead of everyone winning, we literally get everyone losing -- and I mean everyone. But nobody is losing more than those arguing that increased government stewardship of the economy is a good idea. There is no bankruptcy deep enough for the intellectual rot of that position.
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