Jeebus!

Do you remember this economically illiterate moron? Well, it seems he isn’t the only one.

A father’s impassioned Facebook rant over the price hike for holidays outside of term-time has prompted a MPs’ debate on the issue, after more than 160,000 people signed a petition to stop travel companies charging more.

Fuck me! This cretin and the other imbeciles who clearly do not understand how the market works have managed to persuade the equally moronic popinjays on the green benches to debate something that is outside of the control of the holiday companies – because, if you are going to regulate what they charge, you are going to have to control prices charged by foreign hotels and foreign owned airlines – and what will they do when the summer season is over-subscribed?

Cretins, the lot of them.

Still, someone gets it. Paul Megson in the comments to the article:

This article really depresses me, as it makes me think that when I sign a petition, for example through 38 degrees, even if it gets more than 100,000 signatures it could be written off as a bunch of idiots.

Because that is what they are. Do they not understand even the basic elements of a modern market economy? Travel companies need to make a viable return across their whole year of operation. For that they do not want twice as many customers as thye can accommodate in the nice warm summer months and none at all at other times, they need to tempt people who can to shift their holidays to other times so that they can cope with the demand at the most popular times, and that requires price advantages.

Presumably he has a good moan about rail companies selling cheap fares outside peak hours, or airlines selling their tickets cheaper at times of low demand?

Quite. The country is going gone to the dogs.

10 Comments

  1. That many? Some of these petitions are nothing short of idiot registration.

    If the government were to intervene, all they would accomplish is higher prices outside term time.

    New OffGen regs now mean that energy companies can’t have more than four tariffs available at any one time. This is supposed to avoid consumer confusion. Of course all the cheaper tariffs are now being dropped in favour of the top four. Up go the energy bills.

    (We do some work with a big energy co. at our place)

  2. Why do people with children never see anything from anyone else’s perspective? Their constant bleating about the “unfairness” of holiday pricing is unlikely to make their own holidays any cheaper, but may well end up making other people’s holidays (i.e. for those people who don’t have children) more expensive. But no – when it comes to parents it’s all “me, me, me,” thinly disguised as “my kids, my kids, my kids.” No wonder most children are self-centred, inconsiderate, grasping little tykes when that’s the example their parents set for them.

  3. “It is no crime to be ignorant of economics, which is, after all, a specialised discipline and one that most people consider to be a ‘dismal science.’ But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance.” Murray Rothbard.

  4. Sorry, but just keeping prices down through school holidays really is really not enough!
    Do you not realise that parents cannot buy just two places on their holidays, they have to buy extra places for their children.
    What’s more, they cannot just buy smaller cars, they have to buy 4, or even 6, seat cars to transport their children. Then their is the fact that generally they have to pay more for their houses because they need to space!
    How dare the car makers and house builders so dis-advantage the parents?
    Can I suggest that we introduce a system whereby parents are given a Parent Discount Certificate to make things fairer?

  5. I thought my ironic tone was quite brilliant, but then I would, wouldn’t I!

    Perhaps I should stick to rhetoric next time.

    And also check my lepsling – there not their …

  6. Well the “progressive” solution is simply ban all vacation travel and then have a government controlled bureaucracy oversee a large scale lottery where people are given a single ticket for a vacation time and place. “Lucky” winners would be allowed a single trip at a random time of the year to a random location. Finally a fair sytem could be enjoyed by all.

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