Troll my A$$. 33 years in this industry and currently on the SW seniority list. I might just know what I am talking about.

 

Your 33 years in the airline industry mean literally nothing when it comes to predicting a market crash. Seriously, where do you get the balls? Your Masters in Accounting (not sure if you’re a CPA) doesn’t mean jack squat either.

Housing stats are down because the lack of inventory and building materials shortages.

 

Bought any treated lumber lately? Nuts. Prices have more than doubled.

 

Depends on the 787 hangars

 

I am just one man’s opinion. I’ve done well financially based on my education, experience, and intuition. Feel free to discount it. So you disagree that rising interest rates, increased taxes ( Both individual and corporate ) will not bring about a down turn? How about the fact that the normal economic cycle of the last five or six decades says that a major correction is over due? I think you are looking at todays market. I am looking a year or two out.

 

When the Fed raises interest rates, that is a good sign for the economy in general; increased taxes on individuals will not occur unless you make more than $400,000 / yr, which the vast majority of Americans do not. Corporate interest rates might go up a little bit (if filibuster is reformed), but this is not a significant problem for the economy, especially considering how much the debt and deficit went up in large part due to the rates being lowered so dramatically, so abruptly.

 

I wrote a nice long educational reply for you. Unfortunately I timed out and lost everything. Not worth my time to rewrite it. I will say this: If you think only individuals who make more than 400k will see an increase in taxes, I have a bridge to sell you. Also, corporate taxes increasing 33% is bad twice over for the economy.

 

Completely agreed with you. This administration is hell bent on tax the corporations and high income earners to pay for the “free stuff” that they’re giving the low income earners.

It’s not good for either us or our company. Buckle up.

 

I have heard this crap from one side every time a D gets elected. Every single time...Clinton I heard it Obama I heard it. Strangely the debt always increased more under W and T than under the other two but then all I heard was crickets, somehow deficits don’t matter when a R is in charge but when a D is in charge OMG we have problems. The 2017 tax cuts will cost more than the stimulus bill yet everyone on the right cheered that one on. To quote Dick Cheney, and I loathe that guy, deficits don’t matter. They don’t. The US economy is not like your home finances. It never has been and never will be. The fact of the matter is our debt has gone up every year yet we are still more productive and GDP keeps growing in spite of it all. (COVID years excluded). Your outdated economic theory has been debunked just like supply side (voodoo) economics was debunked.

You are a pilot, you are not an economist. You have no idea how the economy works on the macro scale. Guys that dedicate their entire lives to economics have a difficult time understanding it why should we think you have a better understanding of it. Oh yeah you are a gear slinger on a 1960s jet so of course you know better than a guy with a PHD in macro economics and has spent 40 years knee deep in it.

 

Do you bid straight time worth less than contractual rigs by chance