NOt going to happen. Once the prices jump they will stay there. The airline industry started charging for bags and increased flight costs years ago when gas prices soared and they never came back down when fuel dropped. Its only going to get worse.
I agree with this and I feel like it doesn’t get talked about enough, and like Cpt. Musky I always use the airlines and baggage fees as examples. Fuel prices were going up and travel was down after 9/11 and those poor airlines just had to start charging for bags. Well as fuel has ebbed and flowed (and definitely gone down a lot at times) and travel has broken records, the baggage fees have remained.
While sometimes it’s applicable, blaming one political party or the other is often a scapegoat, and businesses probably love to see that. We’ve seen rising fuel prices and COVID blamed for rising costs, and it’s understandable that businesses, who need to make a profit and pay their bills, pass rising costs onto consumers. But while influential byproducts and costs like fuel and COVID/supply lines fluctuate, the prices charged by businesses don’t seem to. Lots of places will be quick to point to rising gas costs as the reason they absolutely had to raise their prices. But do you see them going down? Big oil, as well as a lot of the travel industry, has been receiving some record profits in the past year, but most of the consumers are simply paying more with inflation while their wages/salaries are not going up at that level.