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.
>
>
> From: James Ferris
> Sent: Thursday, October 14, 2010 1:57 PM
> To: Sport_Aircraft@yahoogroups.com
> 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
>
>
> From: James Ferris
> Sent: Thursday, October 14, 2010 10:31 AM
> To: Sport_Aircraft@yahoogroups.com /A>
> 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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