Peter St. Onge

The airline has struggled in recent years to remain solvent, especially under increased pressure because of the Biden administration.

Heritage Foundation economist Peter St.

Onge told The Daily Wire that Spirit's struggles soared after the DOJ under Biden blocked Spirit from merging with JetBlue.

The Justice Department filed suit in 2023, claiming that the merger would result in tens of millions of travelers facing, quote, higher fares and fewer choices.

But according to St.

Onge, Spirit's low fare business model only works when it can scale through tools like mergers.

President Trump has said he does not want to see Spirit fall.

Yeah, likewise.

There is a ton going on, both in markets and in the economy.

So I don't think we're going to have a shortage of things to work through here.

What I try to do in investing is think as little as possible.

Like, the more steps you have in your thesis, the more things are going to go wrong.

You know, it's like when you're betting.

What are they, parlays where you do, you know, you have the this and then the other thing comes in and it doesn't work.

The odds are very low.

And so, you know, when it comes to investing, like...

You know, I want to ask the simplest question.

So like right now, I think that AI is the dot com.

I think if you look across the various metrics, media coverage, public opinion, Fed rates, if you look across them, I think that we are closer to ninety seven, ninety eight than we are to two thousand.

97, 98, meaning there's still a lot more to grow.