United AIP

SlumTodd_Millionaire said:
The rate of housing inflation is different depending upon the price of the home, which is what @BobDDuck and I keep trying to tell you. The CPI is only accurate for those at the median income. The further you get away from median, the less accurate the CPI is. When it comes to housing, the supply of homes isn‘t enough to meet demand at median prices, but the supply is much better at higher prices because builders have been actively engaged in construction at the higher price points due to much better margins. That means inflation on more expensive homes is not nearly as high as it is on lower priced ones.
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Supply and demand drive all prices. When there is extra money flowing in the system, asset and goods prices go up because there’s more buyers in the market, hence more demand. Granted, in lots of markets, there are supply shocks as well, due to things like covid shutdowns, war, etc, but they’re all driving inflation. The definition is the loss of purchasing power over time. Do pilots today have more or less purchasing power than 5-10 years ago?
 
SlumTodd_Millionaire said:
You don’t need a study, you can read the government’s own methodology of how they calculate the CPI on the BLS web site.
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Where at on their website? I have dived through the BLS website to see that the CPI is made for only low to medium income individuals and not found anything. Are you talking about CPI-U/CPI-W?
 
CoffeeIcePapers said:
Supply and demand drive all prices. When there is extra money flowing in the system, asset and goods prices go up because there’s more buyers in the market, hence more demand. Granted, in lots of markets, there are supply shocks as well, due to things like covid shutdowns, war, etc, but they’re all driving inflation. The definition is the loss of purchasing power over time. Do pilots today have more or less purchasing power than 5-10 years ago?
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Obviously less, but not as much less as the CPI would lead you to believe.
 
BobDDuck said:
That's the issue I see with the "we need 18% DOS increases" crowd.
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mrivc211 said:
They will take the ship down with them if allowed to do so.
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That's not so much my concern. A company won't agree to terms that will destroy them, and the NMB (even the crazy labor friendly one we dream about) won't help if that's the ask. United's contract 2000 may be the sole exception, and that was blood money to get the union to support the planned merger with USAir.
 
methinks they must have been coming up with a “hard no” as the votes rolled in

this is so stupid. guess scooter didnt want to open earnings call with a 90% rejected TA
 
SlumTodd_Millionaire said:
FYI, ALPA can’t see votes as they come in. They can only see the final results.
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It’s been awhile, but were you on the council when current voting system was approved? I vaguely remember the presentation. The amount of security they put into this voting seemed to be overkill until the representative discussed all the legal issues and department of labor rules and regulations that they needed to abide by in order to ensure a fair vote.

I can assure anyone that believes people are privy to the vote before it closes, no one is. That system is reliable and free of anyone being able to tamper with it until the vote closes.
 
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