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Re:Why Do 26 Million Checked Bags Go Missing Every Year? by onwardly on Wednesday August 15, 2012 @05:13PM (#4388262)
The article also notes another reason why the arrival of the TSA coincided with an increase:

"The arrival of the TSA, which should have heightened security throughout airports, actually created an opportunity for petty thievery, he says. “When you have the TSA and local law enforcement watching for terrorists, this takes the priority off of thieves stealing luggage from the carousel.”

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