RE: [Titanaircraft] Re: Any Tornado S or SS for sale in US or Canada

Check out:

http://data.bls.gov/cgi-bin/cpicalc.pl

There's variation by product and service, but the only thing that has
consistently grown in cost faster than inflation is health care (which is
NOT an endorsement of Obama's Health Care Deform plans!).

Note that my estimate was wrong; inflation has been even lower than I
thought with my rough guess.

The $100K plane today would have cost $57K in 1989.

TCS

Question with Boldness -- Thomas Jefferson

Hold to the Truth -- George Washington

Speak Without Fear -- Martin Luther King

Terry C Savage

Senior Information Technology Manager

Science Fiction Author

The End of Winter

Circle of Fire

<http://tinyurl.com/end-of-winter-savage>
http://tinyurl.com/end-of-winter-savage

http://tcsendofwinter.blogspot.com/

<http://tcsendofwinter.blogspot.com/>

====================================

_____

From: Titanaircraft@yahoogroups.com [mailto:Titanaircraft@yahoogroups.com]
On Behalf Of Terry Savage
Sent: Thursday, December 03, 2009 7:34 PM
To: Titanaircraft@yahoogroups.com
Subject: RE: [Titanaircraft] Re: Any Tornado S or SS for sale in US or
Canada

It may feel that way, but economically, you're wrong.

TCS

Question with Boldness -- Thomas Jefferson

Hold to the Truth -- George Washington

Speak Without Fear -- Martin Luther King

Terry C Savage

Senior Information Technology Manager

Science Fiction Author

The End of Winter

Circle of Fire

<http://tinyurl. <http://tinyurl.com/end-of-winter-savage>
com/end-of-winter-savage>
http://tinyurl. <http://tinyurl.com/end-of-winter-savage>
com/end-of-winter-savage

http://tcsendofwint <http://tcsendofwinter.blogspot.com/> er.blogspot.com/

<http://tcsendofwint <http://tcsendofwinter.blogspot.com/> er.blogspot.com/>

====================================

_____

From: Titanaircraft@ <mailto:Titanaircraft%40yahoogroups.com>
yahoogroups.com [mailto:Titanaircraft@
<mailto:Titanaircraft%40yahoogroups.com> yahoogroups.com]
On Behalf Of ls78705
Sent: Wednesday, December 02, 2009 11:49 AM
To: Titanaircraft@ <mailto:Titanaircraft%40yahoogroups.com> yahoogroups.com
Subject: [Titanaircraft] Re: Any Tornado S or SS for sale in US or Canada

--- In Titanaircraft@ <mailto:Titanaircraft%40yahoogroups.com>
yahoogroups.com, "Terry Savage" <chaosrider@...> wrote:
>
> Dunno about that.
>
>
>
> I started my serious flying in the mid-80s. If you assume average
inflation
> of 5% for 20 years, that $100K aircraft today would have been around $25K
> then.
>

Heh. I hear this argument for the relative expense of 100K + planes all the
time but it just doesn't wash.

The main problem is that it also assumes income and income distributions
have kept up with inflation plus the other price hikes that have come on top
of that. They haven't by any stretch of the imagination.

For instance, since I entered the workforce full-time, my present job (which
I started 3 years ago) is the first place I'd ever gotten a cost-of-living
raise. Before that I had never even heard of such a thing. Most of my
friends from high school hadn't either. When you get into the real upper
crust, such things exist but for most of the rest of us, wages haven't kept
up.

100K today is, in terms of our buying power, still a LOT more than 25K was
in the mid-80's....

>
>
> I can't afford $100K now, but I could have afforded $25K then.

There you go.....

LS

[Non-text portions of this message have been removed]

[Non-text portions of this message have been removed]

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