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by tacticalturtle 610 days ago
Isn’t this exactly what happened with Boeing, where the FAA delegated its authority, on the assumption that Boeing knew what it was doing?
2 comments

Regulations probably are not going to fix the rot that's inside Boeing. It's like putting water in groundhog tunnels, clamp down on one area and it will pop up somewhere else.

They need to die off and get replaced by better competition when they mess up. And their market centralization ground to a halt instead of encouraged by the gov because of jobs and total risk aversion.

Boeing is publicly funded though, which means crazy incentives take over that are out of whack.