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Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

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Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

Smart people aren’t nearly as smart as dumb people are dumb.

I used to think this. Then I met some really smart people. They're complete freaks. "They are as far above us on the evolutionary scale as we are above the amoeba."

That right tail goes on forever.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

It still hasn’t been proven which way is right and which way is left on that chart.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

More proof.

President Trump’s top economic adviser, Gary Cohn, looked out from the stage at a sea of CEOs and top executives in the audience Tuesday for the Wall Street Journal’s CEO Council meeting. As Cohn sat comfortably onstage, a Journal editor asked the crowd to raise their hands if their company plans to invest more if the tax reform bill passes.

Very few hands went up.

Cohn looked surprised. “Why aren’t the other hands up?” he said.

https://www.washingtonpost.com/news...doing-what-hed-expect/?utm_term=.1c0911091838

What a JOKE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

**** this ****.

Second, executives themselves have indicated they probably won't use extra profits to invest. A Bank of America-Merrill Lynch survey this summer asked over 300 executives at major U.S. corporations what they would do after a “tax holiday” that would allow them to bring back money held overseas at a low tax rate. The No. 1 response? Pay down debt. The second most popular response was stock buybacks, where companies purchase some of their own shares to drive up the price. The third was mergers. Actual investments in new factories and more research were low on the list of plans for how to spend extra money.
 
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Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?


Airbus was always making a big, risky bet with the A380. It is a massive aircraft that few airports have the ability to handle, operationally. Most airports that can handle it, had to be retrofitted with special gates to address the aircraft's physical size and the struggle to board everyone on-time.

The design and launch of the A350 and A330neo have been tacit admissions that Boeing was correct to let the 747 go and pursue development of the 787 and 777X instead (despite the initial issues with the 787). For transoceanic operations, airlines want modern, twin-jet fuel efficiency, and faster turnaround times. Pax would rather have a choice between 2 flights a day in a smaller aircraft, rather than feeling like sardines in a flying double-decker bus that operates once a day.

Hell, some of these non-union European ULCCs that are starting to invade the East Coast are doing transatlantic flights with newer, single-aisle 737s and A321s. I personally think you'd have to be suicidal to want to spend 8 hours in a single-aisle plane (5.25 hrs MSP-ANC in a 757 was my limit), but "coach is coach", or whatever.
 
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Airbus was always making a big, risky bet with the A380. It is a massive aircraft that few airports have the ability to handle, operationally. Most airports that can handle it, had to be retrofitted with special gates to address the aircraft's physical size and the struggle to board everyone on-time.

The design and launch of the A350 and A330neo have been tacit admissions that Boeing was correct to let the 747 go and pursue development of the 787 and 777X instead (despite the initial issues with the 787). For transoceanic operations, airlines want modern, twin-jet fuel efficiency, and faster turnaround times. Pax would rather have a choice between 2 flights a day in a smaller aircraft, rather than feeling like sardines in a flying double-decker bus that operates once a day.

Hell, some of these non-union European ULCCs that are starting to invade the East Coast are doing transatlantic flights with newer, single-aisle 737s and A321s. I personally think you'd have to be suicidal to want to spend 8 hours in a single-aisle plane (5.25 hrs MSP-ANC in a 757 was my limit), but "coach is coach", or whatever.

The A380 was 40 years too late? The 747 was such a jump at the time over the 707 and DC8 - but it worked.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

They never got the A380 cargo version made, that definitely hurt them. Heck UPS was ready to order a bunch when it got canceled/delayed, now we’re phasing in our 747-8’s instead.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

The A380 was 40 years too late? The 747 was such a jump at the time over the 707 and DC8 - but it worked.

The 747 also had an upper deck lounge/restaurant for first class pax in its golden age (and the tail-end of Pan Am's golden years as well). The only product in the sky more exclusive than that would've been the Concorde.

That was obviously scrapped in favor of more revenue seating long ago, though the 747-400s that Delta inherited from NWA do have a fairly exclusive upper deck (by US airline standards, obviously) - lie-flat mini-suites in a 1x1 layout.

Sadly, I won't be riding up there on the Dec. 17th farewell flight - $8,200 :eek: was just a bit too rich for this guy's blood, and I didn't want to empty out my SkyPesos account for such a short weekend trip. I am in bulkhead "premium" econ, with a window seat. Unfortunately, it's my understanding that most of the 12.5 hr trip back from Asia this time of the year is in the dark, so I don't think I'll be seeing much of far eastern Siberia or the northern AK coastline even if the wx is good.

Just took a peek for gits and shiggles - there are no upper deck seats left. Some very serious (and/or seriously wealthy) aviation nerds are going to be having quite the "Farewell to the Queen" soirée upstairs. I am acquainted with a guy who will be seated up there - I might be able to visit for a few minutes if I ask the FAs nicely and mention his name, but I'm not getting my hopes up too high. We'll see.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

pan am was a fun airline to fly. mookie's first sign up for frequent flyer miles.

moved onto delta then. after redeeming his delta miles (may have a handful perhaps, 3k?) it's been all one world. mookie will be on ba's 747 next month. business class in the upper deck.
 
Re: Business, Economics & Tax Policy 5.0: Can a blind nut find a squirrel?

The 747 also had an upper deck lounge/restaurant for first class pax in its golden age

The best part of that was the spiral stair that led to the deck. Also: unlimited drinks. The term "drunk as a lord" comes to mind.

<img src="http://www.luxurytravelmom.com/wp-content/uploads/2013/10/spiral-staircase-airplane.jpg" height="300" />

Compare that to today:

<img src="http://pic40.picturetrail.com/VOL359/11064950/23746217/395934526.jpg" height="300" />

The words of John Lydon come to mind...
 
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