Biden Vows to Punish Airlines for Delays, But What’s the Economic Impact?
The Rich Zeoli Show
Audacy
4.9 • 1.6K Ratings
🗓️ 8 May 2023
⏱️ 13 minutes
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Summary
Dr. E.J. Antoni—Economist & Research Fellow at The Heritage Foundation—joins The Rich Zeoli Show to discuss President Joe Biden and Transportation Secretary Pete Buttigieg’s announced proposal that would mandate airlines compensate passengers for delayed or cancelled flights—the compensation could include hotels, meals, and/or travel vouchers. But what is the economic impact of this new policy? How drastically could flight prices increase?
Transcript
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| 0:29.7 | So Biden says, we're going to punish the airlines if they make you late. |
| 0:34.6 | Whatever government tries to correct a problem, it only makes it worse. |
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| 1:20.0 | So Biden's plan today to go after the airline industry. |
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