Tom Fudge: The bad economic news that is sweeping the global economy is affecting all businesses, including the airline industry. That has a particular resonance for San Diegans since we have spent so much time worrying about our air travel infrastructure. Conventional wisdom, to date, has told us that our primary airport, Lindbergh Field, is not big enough. That, they say, will soon create some serious problems for our economic development. But today, those concerns seem awfully remote. The economy is going through some very hard times. In fact, prior to the current market collapse airlines were cutting back service all over the country. This was been due largely to the soaring price of oil and jet fuel. UCSD Economist Richard Carson has been an outspoken critic of airport expansion plans that were put forward by the San Diego airport authority. He joins me now to bring us up to date, as the world of the airlines has changed with the times.
Guest
Richard Carson. Professor of Economics at UC San Diego.
