LogFAQs > #876968332

When all you have is a hammer, every problem looks like a nail. And, because that hammer is used extensively, pretty every issue -- no matter how minor -- has people clamoring for laws to fix it. In a broader sense, though, it's a kinda douche practice and it's an industry-wide practice that's entrenched itself in the culture. And, in all honesty, if you're deliberately over-booking, that's almost tantamount to fraud.

TyVulpine posted...

Deregulate? Yeah, deregulation is never a good thing. Just ask the housing industry how deregulating back in the early 2000's went...

Speaking in absolutes is absolutely stupid.

Plus your example is garbage for countless reasons, starting with how completely unrelated it is to the subject at hand to the fact that it's a laughably broad generalization (in fact, it's like arguing against governments making anything a crime by pointing out that prohibition was repealed) to the fact that you oversimplified a complex, multifaceted problem which, to a large extent, wouldn't have been possible without the government having been involved in the first place. Even without the credit default swaps,

Erik_P posted...

berniepanders posted...

lol, plenty of industries maintain a high standard of service without the government having to tell them to

keep pretending you know what you're talking about though hahahahahahaha

Ok, so name one.

I just want to circle around to the absurdity of that question. Do you honestly believe that even one industry can maintain a standard of service without intervention? Bearing in mind that virtually every industry is burdened by onerous regulations so finding one that's actually completely unregulated is almost impossible. Even your local convenience store is subject to tons of laws, many of which do nothing to actually increase the value they provide and mostly serve to increase prices (and, of course, give jobs to government workers). And, as it stands, airlines are already heavily regulated.

That's in addition to the general subjectivity regarding the nature of service. And, of course, on any number of our levels the service we get from industries is often *worse* due to regulations because tighter profit margins reduces the kinds of things they can offer. So, in many cases, those regulations can ensure that you're getting lower standard of service. Which isn't to say that service and quality shouldn't be sacrificed for regulations at times because, for instance, there are a lot of regulations which might make planes less likely to crash. Granted, *most* major companies would voluntarily do those things anyway, but it helps you catch some of the fly-by-night (pun!) companies.
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