You say that like labor is the only thing that factors into a final product and nothing else contributes to the final like the materials costs, overhead costs or even the ever growing push to maximize profits.
for a great many things it is. and even in the other cases you’re still looking at significant price increases people will still not be willing to pay. people can barely handle 10% inflation.
Yes! That’s the real issue. No one wants the labor job outside making $14/hour. You could find plenty wanting to do it for $30.
the real issue is we don’t want to pay double for those services.
You say that like labor is the only thing that factors into a final product and nothing else contributes to the final like the materials costs, overhead costs or even the ever growing push to maximize profits.
for a great many things it is. and even in the other cases you’re still looking at significant price increases people will still not be willing to pay. people can barely handle 10% inflation.