Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.
January 18, 2013 at 10:25 AM
Vote: Will you fly on a Dreamliner?
“If it’s not Boeing, I’m not going.” So went the iconic saying that for decades was a testimonial to the quality and engineering excellence of airliners from the Puget Sound. That was before the Chicago boyz got their hands on the company and Jack Welched it. Now we have this tweet, yesterday, from star economist Nouriel Roubini to his 220,409 followers: “Dreamliner is turning into a Nightmareliner. Luckiy I am on an Airbus to Singapore!”
Not me. After an Airbus A330-200 crashed in the Atlantic Ocean in 2009 under circumstances that remain murky, at least to me, I am happy to avoid Europe’s jetliners. But perceptions will play an important part in whether Boeing can save the 787, and the interim proposal of inspections and new instructions to crew might not cut it. Many are already spooked by the Dreamliner’s advanced construction (“I ain’t flying on a plastic airplane!”). So I have to ask:
When will you fly on a Dreamliner?
Read on for the best links of the week and the haiku:
This Week’s Links:
Where U.S. research and development dollars go || MIT Technology Review
Boeing reaches out to Hill allies || Politico
How a battery grounded Boeing’s revolutionary plane (great graphics) || Wired
Climate change and resource scarcity’s threat to pensions industry || The Guardian
Pulling back the curtain on income inequality || Global Post
Why shale oil is not the game changer we’ve been led to believe || Oil Price
The legacy of Timothy Geithner || Simon Johnson/NYT
Rentals chip away at house-builder gains || CNBC
Shareholders, don’t fall for this myth || The Motley Fool
Less globalization than you think || Conversable Economist
Safe assets and government debt || Mainly Macro
Doomsday, gold and the Bundesbank || Antonio Fatas
Are cars ‘going out of style’ in Europe? || Wall Street Journal
Today’s Econ Haiku:
Big news! Lance cheated
He deserves to be ignored
Or we’ll be the dopes
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