Originally Posted by
Pineapple Guy
And I think that statement is absolutely false. The decrease started as soon as the ink was dry on Pub.L. 95-504. As new carriers sprang up, wages of the old carriers started dropping. That trend continues to this day, though I think it is likely bottoming out.
Again, I think the facts will prove you are wrong.
Without going back and doing a lot of research, I can't say for sure. But I do know that our profession has never seen the kind of massive cuts that we saw in the past decade.
Maybe, you could graph the buying power of this profession over the past 50 years and show a
slightly declining line after deregulation. But then that line falls off a cliff about 7 years ago! Completely unprecedented and definitely not part of a "trend" that results from deregulation.
In other words, I don't think you can use our pay trends since deregulation as justification for the 42% "emergency" pay cut just prior to and during BK and then the lack of any meaningful restoration since exiting BK several years ago.