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Old 10-28-2011, 04:44 PM
  #78963  
gloopy
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Joined APC: Jul 2010
Position: window seat
Posts: 12,534
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Originally Posted by forgot to bid View Post
Now isn't Delta making a $765M Q3 profit in a recession? Well it's not a recession FTB, you moron. Sure feels the same as one.
Its only not a recession because our antiquated textbook definition of recession is GDP based and that includes government spending and ignores inflation that isn't correctly/sufficiently reported anymore due to political reasons anyway.

We have a very long way to go before we see a real, sustainable recovery. A long way to go. Before that happens, things could get very interesting economically. If we want to experience reasonable sustained growth as a pilot group anytime soon, we will have to re-interlalize outsourced flying, ruthlessly fight start ups and cabotage, win customers and lobby hard to end the subsidy (direct and indirect) glory days of the foreign carriers.
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