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Old 10-03-2011 | 11:53 AM
  #77217  
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Originally Posted by acl65pilot

I would be floored if the opener is less than what you suggest [30% at a minimum].
Whatever the opener ends up being, do you think they will pretend inflation doesn't exist and base that percentage as an "over the life of" statistical lie? If so they could easily ask for "30%" while giving us a cost neutral contract or less. Compounding negative interest is a beast.

That is why we need to hold them accountable by not falling for the soundbites anymore. Full expected inflation, compounded yearly, over the life of the contract, needs to be backed out of any and all claims of "a raise over the life of" nonsense.