Originally Posted by
SixStrngPilot
This is not reality. The last four years were most significantly impacted by what happened in 2020-COVID. An unprecedented number of senior pilots left Delta followed by unprecedented hiring, both are exclusive of who was running the administration. The salaries of all major airline pilots have been baked into the cake for decades; again, independent of administration. Your salary increases because it is contractual. That has been accellerated recently as a result of tumult caused by COVID.
At Delta, a primary driver to the increase of anyones 401K in a MUTUAL FUND were company contributions, not return on investment. Not sure who you include in your generalization of "most" people, are these people who have upgraded to captain? Did they move from a regional to mainline? A significant change in salaray has been the result of a significant change of position independant of who is running the government.
A hope of perpetual returns in the stock market of anything other than the average historical norm of 10 percent 'ish is baseless strawman.
Everyone hopes the future is better. The fact is that it will be both, better and worse.
I think we’re kind of talking past each other. I’m not claiming what happened the last four years was because of whoever was in charge. A series of events unfolded where we got massive seniority boost, massive pay raises, and massive stock market returns. I don’t think pointing out how the market has done the last 4 years is a strawman, as everyone clings to that as an argument whenever their candidate is in charge.
All this flies in the face of the argument that “thank God ______ got elected, now things can start to get a lot better"
My point is the last four years have been a golden age of prosperity and advancement for legacy airline pilots that is unlikely to be even close to replicated regardless of who is in charge.