Mark,
I have too much respect for you to say you are exaggerating at best.
Let's take me for example shall we....Some day I may tell you who I am so you can check on my income with the company. Or just just for FYI that I am credible when I speak.
I am a single parent for a good many years. I am a 22 year flight attendant domestic on 105 option receiving senior pay some of the time because it is very difficult to hold senior on every trip, half night half day. For me there is no other premium on domestic and I am max out on the scale; top f/a in years, top pay scale which is only permissible for 10% of the f/a population at maximum permitted on this option system wide.
Last year 2002 with the FIRST 6 month at NO CUT IN PAY and the second with the 8.4% in just a wage hit (not including medical) I made with USAirways approx 55,000.
This year including 4 months of the 5% deferral and the FULL year of the 8.4% wage reduction, I will make approx 48,500 again not counting the medical w-2 hit or pension hit from reduced wages as well as less to contribute in a 401K (you know there is no match what so ever, never was). Now I am not counting vacation hits, or work rule hits, less LTD benefit or OIJ, or sick pay penalities for any sick occurences in any given month that will reduce my wage and yearly bottom line. I am betting and REFUSE to get sick at all for the next 5 years cause I am planning to work no matter what as long as I can walk, and see.
Keep in mind, I am on the high, high end of the profession, and don't have to commute as many of my single counter parts so I don't endure those expenses to my bottom line.
I had to sell my house last year in Mt. Lebanon, as my property taxes soared to 5,200 yearly and with the pending concessions, I put it up for sale. In additon to my "safety net" my 401K USAirways stock got obleiterated through BK. I have a daughter in Penn State in which I contribute to the "parent end" of the financial aid peice. Thankfully, she is finishing her last year and I have to get through to next May. I have a son I support with $150 monthly child support from EX.
Now I probably gave you too much information about my person, BUT, I bought a 3 bedroom townhouse, and I could only get approval through a bank financing $140,000 in which I put a down payment to qualify for this that thankfully was substantial , because of the wage I had made in the past and the proceeds from the sale of my home. I also work as a Nurse for a physician I have been with for a long time doing historys and physicals on weekends which helps boost my income and he has been on the generous side. I am unique here though because I have two degrees I have earned, and one while I was flying through my early years. Most f/as don't have nurisng backgrouds, but many can supplement their incomes with other trades and skills, However, while on a reserve schedule, which I AM NOT AND SOME HAVE BEEN ON FOR A DECADE AND A HALF, they can not supplement their incomes because of the "reserve" on call schedule. So they are handicapped to make more income. And with the NEW RESERVE SYSTEM that will be slavery, it will be literally impossible to make their full option for many let alone another job. However, they will be on call no matter if they fly or not and have to be in base no matter where they live in the country.
So, I am not sure what f/as are buying houses at way over $300,000 or a bank that gives f/a that kind of financing with our precarious situation. God Bless them but the banks must be desperate for loans to qualify on our kinds of income. Many f/as I know have gone into Bankruptcy already or are teetering as they never expected such conssesions and I am sure the banks are kicking themselves all over their bosses offices, or maybe the boss is doing the kicking.
Now we can argue all day my profession and what some may think its worth and others may think less. That will be for another thread, rest assured.
I get the disappointing feeling that you may think f/as don't deserve to make a respectable wage in this country. You may find that the job has no real risk today maybe? Or that the customer service we provide for repeat customer business that effects a company's bottom line, is not worth its weight in gold and that a CEO that never served anything to a passenger, is worth millions and millions?
What I look for from any job in America is a respectable wage for my contribution of longevity to the company's bottom line that succeeds. And as you know, unions always step up to the plate when asked to give by company's who have made poor decisions in business and do not profit.
I paint the picture I do because by your own words above, it is the "exception rather the the rule" for some of the f/a that make it. And when I speak, I have enough empathy for my peers to take myself out of the equation as not the "gage" because I have two types of educations which gives me more earning power.
PS: With the Scenerio you gave me with the couple who have a $287,000 home with Volvos and BMers in their garage and tuition payments for private schools for three children, both on our wage scale JUST DOESN'T CALULATE. Unless they have very wealthy families, hit the lottery at one point in their existence OR they are running numbers or drug selling money.
I would call the cops.