Endeavor AIP
11-29-2022 | 10:07 AM
#183
Gets Weekends Off
Joined: Jun 2022
Posts: 2,241
Likes: 359
Lolz shack on this being an “apology” …….the rampant use of disinformation on here is out of control. One may not feel it’s an integrity violation but I would beg to differ
11-29-2022 | 11:16 AM
#185
Gets Weekends Off
Joined: May 2015
Posts: 7,292
Likes: 0
From: A350 Both
Choose any of a number. How has your 401k done since then? Bought gas lately? Food? We can get wrapped up in the academic definition of what a recession is all you want, and if it makes you feel better to do so, then have at it. But the rubber meets the road at the kitchen table budgets of the average American. Real earning power has declined ever since this administration's policies have taken effect.
11-29-2022 | 11:19 AM
#186
Banned
Joined: Sep 2016
Posts: 8,831
Likes: 499
Choose any of a number. How has your 401k done since then? Bought gas lately? Food? We can get wrapped up in the academic definition of what a recession is all you want, and if it makes you feel better to do so, then have at it. But the rubber meets the road at the kitchen table budgets of the average American. Real earning power has declined ever since this administration's policies have taken effect.
but now I see it’s just more of your complaint about Biden, not any actual economic discussion
11-29-2022 | 12:24 PM
#188
Line Holder
Joined: Feb 2020
Posts: 980
Likes: 78
Choose any of a number. How has your 401k done since then? Bought gas lately? Food? We can get wrapped up in the academic definition of what a recession is all you want, and if it makes you feel better to do so, then have at it. But the rubber meets the road at the kitchen table budgets of the average American. Real earning power has declined ever since this administration's policies have taken effect.
Maybe one can argue that the low unemployment rate nullifies that theory, but then again, the labor force participation rate is still below the 20year pre-coronavirus levels.
A5S
11-29-2022 | 12:31 PM
#189
Gets Weekends Off
Joined: May 2015
Posts: 7,292
Likes: 0
From: A350 Both
Isn't that technically Stagflation? 2 consecutive quarters of negative GDP growth with 40-year high inflation?
Maybe one can argue that the low unemployment rate nullifies that theory, but then again, the labor force participation rate is still below the 20year pre-coronavirus levels.
A5S
Maybe one can argue that the low unemployment rate nullifies that theory, but then again, the labor force participation rate is still below the 20year pre-coronavirus levels.
A5S
11-29-2022 | 12:43 PM
#190
Gets Weekends Off
Joined: Mar 2007
Posts: 464
Likes: 0
From: Captain
Yea, I definitely agree that in the long run it’s definitely much better to make it to a Major or Trunk carrier . There is much more money to be made and more options of aircraft to fly with nicer destinations and layovers . However as far as regionals go I don’t think there is any going back at this point . If they ever try to lower the pay back to what it was they will just run into the same problems with mass exodus. These higher pay rates at the regionals are exposing the lies of the past 20 to 30 years that they couldn’t afford to pay higher rates at the regional level . It was always a shell game when they used regionals for peasant labor . They can and will make billions in profits still while paying these higher rates . No one is going to fall for the old gag of going backwards to old regional pay . Like My good buddy Roger Daltrey sang , “we won’t get fooled again”.
