The public debate about intrusive TSA screening continues the Obama-Bush pattern of imposing an increasing burden of regulation on a staggering economy:
*Why, precisely, would you want to make air travel more unpleasant and time-consuming at a time when disposable income is falling????*
Disposable income per person, in real terms, is at its lowest level since March, and the TSA is coming in with a massive wallop. Oh, yes, there are good reasons…but there are always good reasons for new regulations
Each new regulation is like throwing a small rock in a stream. One rock, two rocks, ten rocks don’t make much of a difference–but with enough rocks, you can stop the stream from flowing.
I ran this chart a few days ago, but it’s worth running again.