Thread: Pilot Shortage
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Old 08-13-2018 | 06:12 PM
  #16  
121guy
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Originally Posted by rickair7777
Sort of. The economic cycle could have a softer landing than last time.

Since the upswing has lasted longer than most or all previous comparable cycles, we may be in a new paradigm. I have no insight into what that might mean, but it might be different than what we expect. Also I think less likely to get a big crash right after a big crash... too many of the same folks are still around and learned the hard way (my grandparents, raised in the depression, were always ready for a downturn).

Also, unless there's a significant reduction in demand for air travel, retirements will drive hiring for the next decade or more.
Not a dig at you Rick but the second people start talking about "paradigm shifts" and the old rules not applying it's time to run for the hills. The last time I heard that kind of talk was during the late 90s internet/tech bubble.
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