Great Recession

Ten years ago, the global economy was in the depths of the financial crisis and investors had just finished posting negative returns for the decade. This scared many people. But if you stayed in the market, your return was more than 250% or 13.5% per year. So, ten years later as we are weeks into a new year and a new decade, what does the financial outlook look like for 2020?

This interview originally aired in November, 2018.

California has long been a bellwether of the country’s progressive and reactionary politics. But the state that introduced us to Ronald Reagan and Harvey Milk has also confronted many of the challenges the rest of the country now faces, decades before the rest of us.

You can now fly non-stop from Boise to Dallas. American Airlines opened that service last Thursday. With that, the Boise Airport comes within one flight of its pre-recession high.

Airport director Rebecca Hupp says before the recession hit in 2008 there were 21 non-stop flights in and out of Boise serving nearly three million passengers a year. Hupp says when she came on board in 2012 there were only 15 non-stop flights and passenger numbers were down a couple hundred thousand.