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UPS Union Issues
Strike Authorization Approved
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<blockquote data-quote="twoweeled" data-source="post: 3505628" data-attributes="member: 27108"><p>Same buying power? Maybe some items. I know I purchased a home in 1976 for less than $40,000. That same home is going for close to $500.000 today. More than 10X. I think I had a $365 month payment on the less than $40,000 home. Made that in a week. The payment on that same $500,000 (estimate of same house today) would cost you more than $2,000 a month, even at today's lower interest rates. At $39 per hour, that's about $1600 a week, not covering the house payment. </p><p>Just a side note. I think (some) of our raises then, were close to what we're getting now. I think that was closer to when we were at $10 per hour. I was a long time ago, so difficult to remember exact numbers. We knew we made a lot of money then. We were far ahead of anyone and everyone. I do remember that. I remember my Cardiologist was asking me to get him a job at UPS. Just kidding about that one.</p></blockquote><p></p>
[QUOTE="twoweeled, post: 3505628, member: 27108"] Same buying power? Maybe some items. I know I purchased a home in 1976 for less than $40,000. That same home is going for close to $500.000 today. More than 10X. I think I had a $365 month payment on the less than $40,000 home. Made that in a week. The payment on that same $500,000 (estimate of same house today) would cost you more than $2,000 a month, even at today's lower interest rates. At $39 per hour, that's about $1600 a week, not covering the house payment. Just a side note. I think (some) of our raises then, were close to what we're getting now. I think that was closer to when we were at $10 per hour. I was a long time ago, so difficult to remember exact numbers. We knew we made a lot of money then. We were far ahead of anyone and everyone. I do remember that. I remember my Cardiologist was asking me to get him a job at UPS. Just kidding about that one. [/QUOTE]
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