It was a joke. Thus the haha. The point was hours of work, not the dollar amount. So, based on your number, 600/75=8 hrs of work for one hour of A/C rental. Is that cheap or expensive today? My point is, a dollar number without a context in which to place it, is meaningless. What we actually do in life is trade, constantly. Our time for dollars, or pesos, or yen, or whatever, and in turn trade those for something else that we value than the money in our pocket. If the price is too high, we don't trade. We may wish it was lower, but in the end, we decide to trade or not. Ultimately, we trade our time for other things. It's also possible to trade money for more leisure time. As in choosing to not work extra hours, or hiring something done because we feel we have more money than time. But a dollar amount from years ago is meaningless unless we convert it to the time we spent earning that dollar.
Jim B.
Sent: Thursday, October 14, 2010 1:57 PM
Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game
Come on 25 cents an hour, I made 75 cents righ out of high school and this was 15 years after i had fought a war and gone to get an engineering degree and worked a little bit. I was doing a little better, about 10 K year.
Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game
Something to keep in mind, I think, when we're discussing the "cost" of things, is that the number associated with the cost is simply a number. Nothing more. The real cost of anything is how much work we exchange or trade for whatever it is we want in return. Money is simply a convenient way of doing the bartering process because it would be really inconvenient to drag a pig around to trade for a single head of lettuce, or a gallon of gas. What people forget when they talk of the good old days when planes were $6 per hour, is that they were making 25 cents per hour at the time. haha. So, the real price is, "How many hours did I have to work to buy a _____________ ?" (Fill in the blank. A candy bar, a gallon of gas, a dozen eggs, an hour of airplane rental, etc.)
Jim Bair
Sent: Thursday, October 14, 2010 10:31 AM
Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game
That was 45 years before the 2008 GREAT depression and I had a job back then as a aerospace engineer with NASA working on the moon rocket and fixing fighters and bombers so they could go Supersonic. I am out of work now since can not qualify for a job with ACORN. That airplane, the best airplane ever designed, (Luscomb 8A) and a few are still flying but not for $6.00/Hr., and I also flew the PA-28 my first solo and a Comanwealth Skyranger (bet you never heard of that one) and Aronca, and the C-150, I don't remenber what the others cost but it was not $50 or $100/Hr. Keep up your good work and keep em flying.
Jim
Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game
Was that during the great depression :).
--- In Sport_Aircraft@yahoogroups .com, James Ferris <mijniljj@...> wrote:
>
> When I learned to fly i rented the airplane for $6.00/hour WET, where did you
> learn your Math?
> Jim
>
>
>
> ________________________________
> From: tadel001 <tadel001@...>
> To: Sport_Aircraft@yahoogroups .com
> Sent: Wed, October 13, 2010 9:51:33 AM
> Subject: Re: Light-Sport Aircraft Yahoo group the Blame Game
>
> Â
> I often hea the argument that SP did not make flying cheaper because the planes
> cost over $100K. People seem to be upset with the fact that aircraft cost over
> $100K and therefore, SP failed to deliver. First, if the dollar and euro were at
> the same 2004 levels, there would be many aircraft under $100K. To simply look
> at the dollar as the valuation mark is short sighted. Many of these LSAs listed
> in Euro are less than $100K.
>
>
> SP actually has made it a lot cheaper to fly. The numbers are actually about
> 50-60% cheaper. The average private pilot license cost $8,000 to $12,000. Our
> school can produce pilots between $3,500 and $5,000. So the person that couldn't
> afford a $12,000 license can now get a license for under $5,000. I would say
> that is a huge savings. That person can now rent an airplane. At a $7,000
> savings on the license and an average rental rate across the country of
> $100/hour, that is 70 additional hours of flying (which is a lot for the average
> pilot in a year). Now if you own the aircraft, you need to think about
> insurance, storage, maintenance, etc... on a $60,000 aircraft that could be
> another $5K-$7K a year. So, that is renting a plane for 50-70 hours a year. I
> would say that SP has made flying a lot cheaper.
>
> I don't think the advertisement was "Sport Pilot Rule will make owning an
> aircraft cheaper for all." I think the advertisemetn was "Sport Pilot Rule will
> make flying more affordable." At 50-60% less cost to fly, I would say it did
> that.
>
__._,_.___
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