28 January 2011

Inflation? Where? There's No Stinkin' Inflation!

Late in 2010, Southwest Airlines and AirTran Airways planned to merge their companies.  Seemed like a good idea for the customer and the companies on the whole, but how about their financial? 

From the Baltimore Biz Journal, Air Tran's financial position was impacted by a 27.8% increase in fuel costs.  Though, in pure FedChair speak, HeloBen has continued to say recently that inflationary pressure remain muted.  Ahhh, what?  The treasury secretary is saying that inflation threats are not that important?

Someone please go ask the people of Tunisia or Egypt how that is effecting their lives lately. 

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