"But look at all the new airlines! They're hiring guys at New York Air for $3,000 a month to fly a plane that a Texas International pilot flies for $6,500 a month......" (page 290 Flying the Line I)
Let's see adjusted for inflation thats 3K under Carter admin = are you ready for this
The Inflation Calculator
What cost $3000 in 1978 would cost $9437.66 in 2007.
Also, if you were to buy exactly the same products in 2007 and 1978,
they would cost you $
3000 and $
911.09 respectively. Do you want to do
another calculation?
Remember 3K was the undercutter 6.5K was the good job. Today people go to
China to make the 3K equivalant!!! I would have to say the sky fell a long time ago.