Re: Light-Sport Aircraft Yahoo group the Blame Game

In 1970 it cost me 3 hours of work for 1 hour of solo time...
When I finished up my license with a lot of off time due to lifes little
surprises ;-)
In 1990 it cost me about 4 hours of work for 1 hour of solo time....
Today it cost me 3.5 hours for 1 hour solo...
Of course after next Friday that rate will go up drastically since I retire
then and my hourly wage will go down! ;-)
I like the trade off though!
John

On Thursday 14 October 2010 03:24:51 pm herbkushner wrote:
> Jim is completely correct!Herb K
>
> --- In Sport_Aircraft@yahoogroups.com, "Jim Bair" <jimbair@...> wrote:
> > 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.
> >

>

------------------------------------

Yahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/Sport_Aircraft/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/Sport_Aircraft/join
(Yahoo! ID required)

<*> To change settings via email:
Sport_Aircraft-digest@yahoogroups.com
Sport_Aircraft-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
Sport_Aircraft-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/