This is notagooddevelopment, as it reduces competition and siphons off more of the important capital and entrepreneurial resources needed for growth and innovation into activities such as filling out forms.
So would it not be agood idea to put some of the money instead into the development of unmanned aerial vehicles which can do everything a piloted aircraft can?
This development is notgood news for America as it might start a process whereby those international investors that readily snap up US debt at the Treasury auctions could start asking for a shade more yield.