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October 18, 2007

Airport Fees Dropping, Liberals Not Challenging, and Time To Vote At Spacing

oct18news.jpg

Pearson Airport reduces landing fees. The move was cheered by airlines, who can now drop their prices accordingly. Oh, wait, they won't do that, they'll only drop their prices by maybe about ten percent of what they could with the savings, and pocket the rest. Capitalism works!

Stéphane Dion says Canadians don't want another election right now; thus, the Liberals won't challenge the throne speech. More accurately, the Liberals don't want another election right now. Because––and in a country with Stephen Harper, this is sad––they would lose. Oh man, would they lose.

We need a Canada-wide pandemic strategy, say the experts. Pah, experts! What do they know, with their expert-ness? Good ol' common sense and gumption always served me just fine for medical needs, and other than that leg rotting off, it's all been swell.

Thanks to one quiet member of council, David Miller's new tax plan might pass after all. Councillor Mark Grimes, previously most notable for being Homer Simpson's enemy, proposed a compromise plan that eases the land transfer tax slightly, particularly for first-time buyers of homes.

Finally: it's time to vote in Spacing's MyToronto video contest. (And I bet it gets more votes than MMP did. OOOH BURN.)

Photo by rich___ from the Torontoist Flickr Pool.


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Comments (4)

Grimey, ol' buddy!

 

Ugh, the throne speech was just horrible. Backing out of environmental commitments and the law-and-order type of "bad guy hunting" that made such a mess out of the American War on Drugs in the first place. The new Federal drug strategy is a decade of regressive thinking in a document.

But that said, I guess it is sad but true that the election would change little.

 

Oh, wait, they won't do that, they'll only drop their prices by maybe about ten percent of what they could with the savings, and pocket the rest. Capitalism works!

Actually, it is a pretty fundamental element of capitalism that they likely won't drop their prices at all. After all, tickets are priced to maximize revenue; if people are willing to pay current prices, their willingness to continue paying current prices should not be affected by what portion of the ticket price is going into the pocket of the airline.

 

Oh, wait, they won't do that, they'll only drop their prices by maybe about ten percent of what they could with the savings, and pocket the rest. Capitalism works!

Actually, it is a pretty fundamental element of capitalism that they likely won't drop their prices at all. After all, tickets are priced to maximize revenue; if people are willing to pay current prices, their willingness to continue paying current prices should not be affected by what portion of the ticket price is going into the pocket of the airline.

 
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