Puffdriver -
I agree that some pilots will be hurt by this. But it will help others (young and old).
You argue that your money is increasing 5.5% a year, but I think the value of the dollar is decreasing by more than that value and has been for at least the last 5 years. Just look at the U.S. Dollar compared to other currencies of the world. When the EURO was first introduced, it was a 1 for 1 with the dollar.
I look at the reality of what things cost that I actually purchase. If your annual expenses have increased less than 5% a year, then you are doing pretty well.
I agree that some pilots will be hurt by this. But it will help others (young and old).
You argue that your money is increasing 5.5% a year, but I think the value of the dollar is decreasing by more than that value and has been for at least the last 5 years. Just look at the U.S. Dollar compared to other currencies of the world. When the EURO was first introduced, it was a 1 for 1 with the dollar.
I look at the reality of what things cost that I actually purchase. If your annual expenses have increased less than 5% a year, then you are doing pretty well.
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