Ben Shapiro
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know what I don't need to own?
You don't need to own.
You know what taxpayers don't need to own in Spirit Airlines.
That is not the way that failing companies should be bailed out.
In fact, when companies fail, when they are falling down, what should happen is that they find another private buyer.
They either go bankrupt, they run it into the ground, or they merge, or they seek outside funding because, again,
when it comes to the risk-taking that is necessary in private industry, the next step of failure is you have to go out and you have to demonstrate a turnaround plan.
You have to show somebody else that you are willing to make serious changes.
And then you can bring in new capital or maybe you can merge.
The problem, of course, is Democrats are responsible for the death of Spirit Airlines because Spirit Airlines tried to merge with JetBlue last year and Democrats stopped it.
Now, Spirit is trying to blame the jet fuel prices for its bankruptcy.
They're trying to declare that the war in Iran is what the real problem was.
But that wasn't the real problem because, again, the other airline companies are not going bankrupt right now.
Spirit was running a non-solid footing.
Again, Spirit was famous for very, very cheap airline fares.
But now what's happened is competition has actually made airline travel better.
I know there are a lot of people right now who are ripping on the airlines.
I get it.
I travel a lot.
I traveled to coach out to LA yesterday.