Hayabusa Rider
Admin Emeritus & Elite Member
- Jan 26, 2000
- 50,879
- 4,268
- 126
Do not bet on Trump backing down.
Do not bet on Trump backing down.
Government workers go hungry for weeks: no deal
Rich travelers mildly inconvenienced: DEAL! DEAL! DEAL!
Class warfare exists, and it is being waged by the rich.
One of your better false statements. Rich travellers? The bloody economy collapses without air traffic. It is a guaranteed recession and likely depression.
First of all, there was zero air traffic for what.. a week? ...after 9/11 and the economy did not collapse. Second of all, we had delays of 45 minutes, that's not a collapse.
First of all, there was zero air traffic for what.. a week? ...after 9/11 and the economy did not collapse. Second of all, we had delays of 45 minutes, that's not a collapse.
So...Coulter was on Twitter today suggesting that Trump fire all the ATCers not showing up to work. Wanted him to channel Reagan or something. How delusional are these people???
Trading was suspended until 9/17...so that limited the impact somewhat.
When markets reopened they lost 7% in a single day and lost 15% in the first week. Airlines lost over 40% of their market value.
Reliance on air traffic has vastly increased since then and only because trump folded for a few weeks collapse didn't happen. Try that for a few months or more. The reason there were delays was because people are breaking down which puts more stress on the remainder who then drop out which continues to a vicious cycle until there is no one left.
A whole economy depends on air traffic, and you think it's "rich people being mildly inconvenienced"? That's a Wilbur Ross level statement. Last year the air transportation sector spent 3% of the US GDP. That's just moving stuff. Then this wasn't random flying around. Things have value added as supplies become available and as air costs more than truck, it's of a high value to ship that way. In all we're looking at a fantastic amount of money, greater than the wealth of every billionaire added together, in one year. Dollars? Almost certainly transport isn't a third the cost of production, but let's say it is. That's two trillion dollars, conservatively, added to the economy. "A few rich people" indeed.
Next, we go back to carts and oxen.
I just went through TSA and they all seemed pretty happy.Reportedly a 3 week CR with current funding.
LMAO, that's one of the most incoherent rants I've read here in a while.
Trading was suspended until 9/17...so that limited the impact somewhat. When markets reopened they lost 7% in a single day and lost 15% in the first week. Airlines lost over 40% of their market value.
I’ve traveled every week since the shutdown. Definitely fewer TSA lines, but still operating smoothly. The northeast just suffered through a week of intense weather events that probably pushed things over the edge.I just went through TSA and they all seemed pretty happy.
