Wednesday, November 12, 2008

Economy

Imagine it is 10 years from now. You have been the Airline Czar for service into Aspen. What have you accomplished? What are you most proud of?

2 comments:

brie m said...

In the past ten years I have expanded the runway and required the airport to have better service and more frequent locations such as Denver, Chicago, L.A., and other such large cities. I have also had the airport remodled in order to be more efficiant and elegant in welcoming tourists to Aspen including a restaurant on the top floor with views of the mountains while passengers wait for their flights. I am most proud of limiting larger flights and planes flying into Aspen because although 747's bring in a lot of people, they also increase the danger of weather and flying low into the mountains. I have also found a more effictive area for parking private jets that overflow the runway parking.

max said...

It seems that with such a strong economy we can do anything. However it also seems that the status quo is close to its equilibrium. My concern is that the development of new housing both employee and free market will offset the community's incomparable beauty. Economically it makes sense do let the market do what it wants to. I see two benefits to this. The 1st is that obviously more free market homes would be built. These homes can cost upwards of 2.3 million dollars just for construction, and permits. That is a massive amount of money that enters the local economy. Most of that would be devoted to manual labor, which would flow back into the economy. The 2nd part is that with more wealthy people investing in aspen more jobs will be created to meet the growing demand from lets just call them the upper class. With more jobs needed Aspen's economy would have the potential to grow exponentially. More so this would result in more building in the employee housing. So all together every one would win. But it is EXTREMELY important to acknowledge we are a tourist town, and our incomes mostly depend on the out of town spenders coming in. Thus making it vital that we maintain an equilibrium where they (the tourists) can still feel special and to an extent allow them to live in their own social hierarchy.