by Chris Gaffney
Good morning and happy Friday. As is the custom when we pfill in for Chuck on the Pfennig, Frank has sent me an excellent introduction to today’s newsletter – so take it away Frank:
The reports are correct – TSA lines are long. Setting out from Saint Louis on Wednesday I managed a 35 minute wait in TSA-Pre and was happy that I didn’t have to stand in the enormous regular line. I would still be there. Like my graduate school professor Murray Weidenbaum (and author of Wage and Price Controls in the 1970’s) said – when an agency budget is cut, it doesn’t happen in DC, the end user service people are reduced until people call their representative and funding is magically restored. We’ll see.