Originally Posted by
Scoop
Lets talk a little about the TVM. This is one of the most distorted topics on SM and usually slanted to further an agenda.
TVM is very important but every analysis I have seen is limited to how much extra money we need in 2 or 3 years to be at the same point at the end of the contract cycle. No analysis looking further down the road.
Well the one cycle analysis is absolutely true if one is retiring at the end of this cycle. But the other often overlooked side of the coin is the value of compounding. If we net a deal worth just 3% more and every subsequent TA is started on a baseline 3% higher - what is the breakeven point and would more guys benefit in the long run or lose value?
I think its pretty obvious that the short time folks would lose out but the vast majority of Pilots would greatly benefit from a 1-2 year delay with a subsequent 3% higher baseline. I am not saying its right or wrong but with every new hire off probation the focus is slowly shifting to the long term interest of the Pilot group vs the short term.
OBTW - I am fairly optimistic that we will beat TA-1 by more than 3%.
Scoop
I don't think anybody has argued this as not being true... up to a point. (The hole in the theorem is that you don't have that money during the waiting period to invest, but for sake of argument I will give you the point)
However, what is disturbing in your post is exactly what I said earlier. "**** you James, I can wait to get mine". But when looked at from the other perspective, the short timers are vilified as not caring about those that come after them. The very definition of hypocritical.