[coastflow]

>"I would quit the 70 to 90 hrs grind. It's not worth the long term damage to your mental health. If you haven't, you will soon burnout. Money is not everything. The only reason I would work those hours is if I was doing it to advance my interests not someone else's."

Absolutely. To reinforce this: any money secured by working longer hours will very likely be spent on treatments for the physical and psychological health problems that result from working such long hours. The advice is especially important because the original poster is getting paid on a 40 hour salary, not even getting paid for overtime.

[scaramanga]

Big time... these employers are not going to be there for you when you are a frazzled, empty shell, so this is a bad deal. Only in that sense can OP be considered a "loser", in terms of the fact that the bargain that has been struck here is appallingly bad.

In all other regards, I am confident that OP is a wonderful chap.