Spirit Airlines is reportedly in danger of running out of runway and may be forced to rely on taxpayers for its survival. A federal rescue, which could leave Uncle Sam owning up to 90% of the airline, is being considered as a solution. This approach is seen as an attempt to save the airline from bankruptcy. Critics argue that a government-backed Spirit could absorb losses, undercut rivals, and keep flying with advantages no private carrier can match. However, a bailout would result in higher costs, weaker companies, and fewer choices as private operators compete against other private airlines against the federal treasury. Steve Forbes-Forbes Media Chairman and Editor-Chief of Forbes Media, Steve Weissman, argues that a federal bailout would be economic folly. Weissman argues that letting the market work is the best solution, rather than allowing a failed airline to restructure, find buyers, sell assets, or exit in an orderly fashion. The real issue is larger than Spirit, Weissman asks: Does America still believe in markets, risk, and accountability, or allowing every politically visible company to receive a federal parachute?