The Daily Parker

The bad news is I've been in meetings with clients all day. The good news is their office has a view of the Golden Gate Bridge.

Updates as warranted. And as I have time for.

Washington Post columnist Steven Pearlstein yesterday expanded on how American Airlines' unions bested management by dealing directly with US Airways:

Bankruptcy has changed [the unions' bargaining strengths]. Suddenly, airline executives discovered a way to unilaterally abrogate their labor agreements, fire thousands of employees and impose less generous pay and more flexible work rules. Indeed, the technique proved so effective that several airlines went through the process several times. The unions’ strike threat was effectively neutralized.

All of which makes what is happening at American Airlines deliciously ironic. Late last year, American finally decided to join the rest of the industry and make its first pass through the bankruptcy reorganization process after failing to reach agreement on a new concessionary contract with its pilots’ union.

Essentially, US Airways agreed to pay all of its pilots — the American pilots as well as its own — the higher American Airlines wages, along with small annual raises. In return, the union accepted less lavish medical and retirement benefits along with adoption of US Airways work rules that have been rationalized during two trips through the bankruptcy process. In the end, what probably sealed the deal was the US Airways promise of no layoffs.

He concludes:

For years now, Corporate America has viewed the bankruptcy court as a blunt instrument by which failed executives and directors can shift the burden of their mistakes onto shareholders, employees and suppliers. The auto industry bailout orchestrated by the Obama administration posed the first challenge to that assumption. Now the unions at American airlines have taken another step in curbing this flagrant corporate abuse and restoring the rule of law.

The more I think about the two airlines merging, the more excited I get about the deal. The unions and creditors (not to mention the Pension Benefit Guarantee Corp.) are right: a strong airline with competent management is good for everyone, including us customers.

The Tribune has a graphic this morning pointing out a number of things about our lack of snow this past winter. It turns out, the snowfall on March 4th was the earliest last snowfall. That is, in the rest of recorded history (back to 1884), we've always gotten snow later than March 4th. Until this year.

Our entire season gave us only 11 days with 25 mm or more of snow on the ground (normal is 43); it was one of only 10 seasons (out of 128) with less than 500 mm of snowfall total (normal is 932 mm); and it's the second-shortest interval from first to last snowfall ever, at 117 days (normal is 174).

Of course, snow has fallen in 40 Mays of the 128 in history...so this could all be completely wrong. We've even gotten snow in June (on 2 June 1910). But it looks for now like we can add one more quantification to our wonderfully mild winter.

New video from the Obama campaign, featuring one of the dumbest things Mitt Romney ever said:

He lasted less than four weeks as office dog.

Workplace tip: when you greet the boss first thing in the morning, do not immediately thereafter poop on his carpet.

Oh yeah.

Despite the rise of right-leaning economics ideology, reality stubbornly retains its liberal bias, with further evidence today coming from the latest UK economic figures:

The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012.

A sharp fall in construction output was behind the surprise contraction, the Office for National Statistics said.

"The huge cuts to public spending - 25% in public sector housing and 24% in public non-housing and with a further 10% cuts to both anticipated for 2013 - have left a hole too big for other sectors to fill," said Judy Lowe, deputy chairman of industry body CITB-ConstructionSkills, said.

Or, as Krugman points out, the Conservative's austerity measures have worked no better in the UK than anywhere else in the world:

Now Britain is officially in double-dip recession, and has achieved the remarkable feat of doing worse this time around than it did in the 1930s.

Now, the defense I hear from Cameron apologists is that the austerity mostly hasn’t even hit yet. But that’s really not much of a defense. Remember, the austerity was supposed to work by inspiring confidence; where’s the confidence? Basically, the expansionary aspect should already have kicked in; it’s all contraction from here.

Needless to say, Cameron and Osborne insist that they will not change course, which means that Britain will continue on a death spiral of self-defeating austerity.

It's amazing, really, how Keynes looked back at the Great Depression and learned something, which the right have forgotten for ideological reasons. It's simple: the way out of a recession is for governments to borrow money to get people back to work. This causes growth. The government can then pay back the money when revenues rise because of that growth. Right now, with real interest rates around –4% (yes, minus four), people will actually pay the US government to lend it money. The UK is in a similar situation.

So: the way for the West to get out of the recession is pretty clear, and today's UK GDP growth numbers confirm it. But politicians in most of the world don't believe the facts before them yet. And the recession drags on.

The 30-park geas continues apace. Here's my progress so far:

† vs. Cubs
‡ Renamed Minute Maid Park in 2004; moved to AL in 2013
§ Shea demolished in 2009; Citi Field opened 13 April 2009
* Yankee demolished in 2009; New Yankee opened 3 April 2009

Last edited: 27 July 2015. This page replaces the original page started in 2008 and the 2011 update.

At least this year, in Illinois, where the average temperature is actually below March's—and it's still above normal:

The statewide average temperature for April 1-22 is 12.3°C. The statewide average temperature for March was 12.8°C, based on the latest numbers from NOAA. That means that April was almost a degree [Fahrenheit] cooler than March. What makes this even more freaky is that the April temperatures are still 1.9°C above normal!

BTW, the statewide normal monthly temperature is 4.8°C for March and 10.9°C for April, a ten degree [Fahrenheit] rise.

State Climatologist Jim Angel concludes by pointing out that we've only had one April in recorded history that was cooler than March, back in 1907. (Recorded history goes back to 1895.)

Over the weekend it came out that US Airways had started discussions with pilots, mechanics, and flight attendants at rival American Airlines. The unions are encouraging the companies to merge:

The first thing to know is that this doesn't mean that the two airlines are merging—it's a step towards a merger, but a deal is far from certain. AA, for its part, has said that it wants to emerge from bankruptcy as an independent airline. But industry analysts have long discounted that as an unrealistic goal—as separate airlines, US Airways and American would probably find it increasingly difficult to compete with the combined United-Continental (now United) and Delta-Northwest (now Delta) juggernauts.

The letter from the head of US Airways, Doug Parker, to his employees, which the airline filed with the Securities and Exchange Commission on Friday, is a fairly lucid explanation of the situation. US Airways has reached deals with the AA units of the Transport Workers Union (mechanics, maintenance workers, ground crews and so on), the Association of Professional Flight Attendants and the Allied Pilots Association. AA's current plan includes cutting north of 13,000 jobs; US Airways' plan would save "at least 6,200" of those jobs, according to Mr Parker.

If the airlines do merge—which seems likelier by the day—it would probably retain American Airlines' name and Dallas headquarters, but with new management from US Airways. It would also probably retain its Chicago, Miami, Charlotte, and Phoenix hubs, though it's not clear what would happen to secondary hubs like Philadelphia, San Francisco, and Brussels. Regulators would insist that the new airline stay in the oneworld alliance, and customers, like me, would insist that the two frequent-flyer programs merge without loss of value.

The fact remains: American has to merge with someone, and US Airways is an obvious fit. This action by American's union is like the kids saying they like their single parent's new paramour: it has no real persuasive force other than to mean the marriage will go more smoothly.

Update: The Dallas CBS affiliate is suggesting what the new airline would look like.