by Chris Gaffney
Daily Pfennig
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.