Old 12-04-2016 | 08:28 AM
  #107  
DFWAviatior
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Originally Posted by typeunkwn
Looking through your post history, I'd say you are the least likely to be able to understand economics. You are a bumbling fool and should focus on getting from 250tt to 500tt
Judging by your unintelligent response, I'd say you're least likely to understand economics. I'm not talking econometrics or graduate level economics...I'm talking basic stuff. Economic principles or intro to microeconomics or macroeconomics. Please feel free to advance an evidence based argument, as there are some good ones to be made.

To those talking about unions determining "economic worth" that can't be further from the truth. As someone previously posted, buyers (demand) set the price. How can we on the sellers (supply) side influence our worth (wages)? We could reinstate the age 60 retirement rule and wipe out a huge chunk of available pilots. We could limit the number of ATP licenses allowed each year. We could increase the standards of a 1st class medical certificate (BMI limit, strict blood pressure limits etc.). These options are likely unappealing to most in our profession.

Again, I'd love a strong, protected industry full of high paying jobs. At some point we need to sit back and be realistic about the world we live in and the economic situation that exists.

An administration will not "save an industry" nor will protectionist policies (read about the Jones Act and the Maritime Industry).
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