Stowe Releases Pass Rates - Page 6

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  1. #51
    mondeo's Avatar
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    Quote Originally Posted by marcski View Post
    I just heard yesterday on the news that the top 10% of wage earners have not really lost any jobs...and in fact, their wages have remained steady or increased! Therefore, despite the "economic meltdown", I think most of Stowe's niche market have not lost their jobs....hence the increase in prices......
    Stowe's niche market isn't the top 10%, it's the top 1%. In 2007, $76K got you into the top 10%.

    Also, if their wages have been steady, then they are now earning less due to the massive inflation that has been put in place.
    2009-2010:
    Killington: 11/7, 11/21, 12/5, 12/6, 12/10, 12/12, 12/13, 12/22, 12/23, 1/1, 1/2, 1/9, 1/10, 1/23, 1/24 (15)

    Ski Sundown: 12/18, 12/19, 12/20, 12/24, 12/30, 1/3, 1/4, 1/5, 1/6, 1/7, 1/8, 1/11 - 1/22, 1/26-1/30 (27)
    EH XC: 12/21 (1)
    WNY XC/NELSAP BC: 12/29 (1)

    Total: 44

  2. #52
    Quote Originally Posted by mondeo View Post
    Stowe's niche market isn't the top 10%, it's the top 1%. In 2007, $76K got you into the top 10%.

    Also, if their wages have been steady, then they are now earning less due to the massive inflation that has been put in place.
    I would have figured that number to be 50K higher.


    As for inflation, I certainly am not seeing it; at least compared with a year ago.

    Gas is much cheaper, milk is less than half the cost, real estate down 10%, meats are down 10-15%, veggies down 5-10%. All of your basics.....food, shelter, transportation are considerably cheaper than they have been in the past couple of years. I keep hearing inflation, but I don't see it or feel it. When I say that, I get the response 'it's coming'. Okay, when?

  3. #53
    Inflation, as measured by the Consumer Price Index has declined 2.1% over the past twelve months.

    http://www.bls.gov/cpi/
    Sent from my TACPOD (Tactical Airborne Command, Control, Communications and Intelligence Pod) using Satellite TADIL J Alternate Gateway Controller (Alternate STGC) via Blackjack

  4. #54
    mondeo's Avatar
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    Quote Originally Posted by billski View Post
    Inflation, as measured by the Consumer Price Index has declined 2.1% over the past twelve months.

    http://www.bls.gov/cpi/
    And the CPI's increased by 2.4% since December, through July. Looking at 5% on the year, highest since 1990. TARP didn't go into effect until October, the Fed rates weren't really slashed until October, with the final drop to 0% coming in December, the American Recovery and Reinvestment Act of 2009 coming in, well, 2009.

    Recessions are naturally deflationary. Pumping money into the market is by definition inflationary.
    2009-2010:
    Killington: 11/7, 11/21, 12/5, 12/6, 12/10, 12/12, 12/13, 12/22, 12/23, 1/1, 1/2, 1/9, 1/10, 1/23, 1/24 (15)

    Ski Sundown: 12/18, 12/19, 12/20, 12/24, 12/30, 1/3, 1/4, 1/5, 1/6, 1/7, 1/8, 1/11 - 1/22, 1/26-1/30 (27)
    EH XC: 12/21 (1)
    WNY XC/NELSAP BC: 12/29 (1)

    Total: 44

  5. #55
    Quote Originally Posted by ccskier View Post
    They may have busted their ass (and big tuition bills) to become dentist, drs, whatever. I say good for them. As I have said before, I will still and always have a few days a year at Stowe and love every minute and dollar of it, its worth it to me. If/when I move back to VT it will be my home mountain, even if I have to bust my ass to afford it for my family.
    Stowe is one of the few places that's worth the price of admission..Jackson Hole as well..shit people pay $50 to ski Blue mountain..which I don't feel is worth that much...I have nothing against rich people as most of them worked really hard to get where they are except for the few lucky ones who inherited the money..

  6. #56
    Quote Originally Posted by thetrailboss View Post
    I would love to own a home rather than rent. .
    I'm in the minority..I'd rather rent..it's just much easier and stressfree..I could have bought a house when I was 25..but will likely live in an apartment until I get married..

  7. #57
    Quote Originally Posted by mondeo View Post
    Stowe's niche market isn't the top 10%, it's the top 1%. In 2007, $76K got you into the top 10%.

    Also, if their wages have been steady, then they are now earning less due to the massive inflation that has been put in place.
    I make less than $76K a year and I made three trips up to Stowe last year although I was won over by the mountain in college and will visit the place every year I live in the east for life!!! I'm guessing only a small percentage of Stowe skiers and riders are in the top 1%..as those people probably spend most of their vacation $$$$ out west and in Europe..

    I feel like the wealthiest skiers I've seen have been at Okemo and Stratton just based on the cars alone but Stowe has it's share of granola eating telebeardos driving 20 year old Suburus..

  8. #58
    Quote Originally Posted by billski View Post
    Inflation, as measured by the Consumer Price Index has declined 2.1% over the past twelve months.

    http://www.bls.gov/cpi/
    Awesome news..especially for those who received a raise this year..

    but Stowe is and remains the Eastern Capital of skiing...it is a mecca..so much sweet terrain, fast lifts and I like the vibe...and the slog up the hill to the quad..

    Alot of wealthy people skiing at Sugarbush and Killington as well..even Mad River Glen..

  9. #59
    marcski's Avatar
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    Quote Originally Posted by mondeo View Post
    Stowe's niche market isn't the top 10%, it's the top 1%. In 2007, $76K got you into the top 10%.

    Also, if their wages have been steady, then they are now earning less due to the massive inflation that has been put in place.

    I'm not sure where you're getting your numbers from??

    http://wiki.answers.com/Q/What_salar..._united_states

    http://www.parade.com/articles/editi...wpe_lede_story

    The following is a quote from: http://www.kiplinger.com/features/ar...1/taxrank.html

    "The data also make it easy for you to know how your income stacks up against your fellow citizens. The newly-released numbers show that an income of $31,987 or more puts you in the top half of taxpayers. Earning a bit more than twice that much -- $64,702 -- earns you a spot among the top 25% of all wage earners. You crack the elite top 10% if you earn more than $108,904.
    And $388,806 buys top bragging rights: Earn that much or more and you're among the top 1% of all American earners."

  10. #60
    Mondeo seriously likes to argue just for the sake of arguing..


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