Originally Posted by
Kilder
Really...A Recession my friend is not based on an analyst report of what he or she or they feel the future holds...a Recession is based on historical data that shows a contraction of an economy.
DEFINITION OF 'RECESSION'
A significant decline in activity across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP); although the National Bureau of Economic Research (NBER) does not necessarily need to see this occur to call a recession.
None of this has happened and no company would base it's future moves on an analyst prediction. The economy of Houston and Texas is not the same from the 1970's, it is a diversified economy that has the necessary tools to outlive this oil issue. No indicator as I posted before shows a recession...
P.S. I'm not complaining about the merger...we are discussing the apparent desire by some to displace in IAH when many of us feel it is not necessary...why do you people keep adding arguments to this discussion???
A recession is CONFIRMED with 2 quarters of economic contraction. Historical data only confirms the contraction.
Companies make decisions based on analyst estimates all of the time. And the economy of Houston and Texas are still heavily dependent on oil. Google 'energy capital of the world'.
You're not complaining about the merger???? You've done that several times in this thread. As far as displacements, you may not think it's necessary but the suits in Willis Tower disagree with you. What you or I think about the displacements doesn't matter and it's not the union's job to assign aircraft and crews to domiciles.