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Latest Regulations Will Raise Cost of Air Travel

funnything2012 Wrote: Nov 13, 2012 6:58 PM
Select a version of this bill to view: HR5900 LOL Jul 28, 2010: Introduced Jul 29, 2010: Passed the House (Engrossed) Jul 30, 2010: Received by the Senate Aug 25, 2010: Passed Congress/Enrolled Bi

Regulations that vow to increase consumer safety are rarely met with resistance. After all, who wants to come out on the side for less safety? However, more often than not, these regulations tend to impede economic growth rather than achieve their intended goal of making the public safer.

Such is the case with the latest job killing regulation set to take effect next summer. The Wall Street Journal reports that new requirements for pilots will make it harder to obtain a license, increasing the required prior flight experience six-fold to 1,500 hours. This effectively raises the cost to become...