Posted by Crazy Horse on December 26, 2020 at 09:24:25 from (108.173.201.233):
In Reply to: Shop Rates posted by K-Mo on December 26, 2020 at 07:28:01:
Some interesting comments ...... funny how a lot of us might think current shop rates are outrageous but like me, have no clue as to the real costs involved in running a business these days. Employee benefit costs now might shock most of us as to what those are just by themselves. Property and liability insurance costs would be another. Meanwhile, the price system with all of its warts is used as a measuring stick ...... no way can we realistically compare what something cost or was charged for 60 years ago in comparison to last week. The inflation calculators don't really do that at all. The whole thing is pretty complex and beyond comprehension unless a guy is a trained economist. It's a great post though for discussion purposes.
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