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trader_4 trader_4 is offline
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Default OT: Lumber prices double, triple, cost of new house +25K

On Monday, April 19, 2021 at 6:13:53 PM UTC-4, Scott Lurndal wrote:
Ralph Mowery writes:
In article ,
says...
mill capacity to turn logs into lumber.
That is only going to get worse with Biden's $15 minimum wage.
We are rapidly pricing the US out of the job market.
Then we ask why a ship getting stuck in a canal half way around the
world causes shortages here.




Some of the jobs are pricing theirselfs out of business. Saw where a
couple of grocery stores in California closed up because the government
put in a $ 4 an hour hazard work pay.

There are thousands of grocery stories in california. Two of them,
owned by the same conservative republican company closed due to the
temporary covid hazard pay requirement.

That's not even a drop in the bucket.


Also from economics 101 what would be expected is that all the grocery
stores would raise prices enough to cover the new increased costs, not
that they would start closing. People still need groceries and are going
to pay the slightly higher prices that the new reqt would create. In the
overall cost structure, I'd bet it would result in such a small price increase
that customers would not even know it.




The fast food places that were mostly maned by teenagers when I was
growing up are now adult jobs. If the pay gets high enough they will be
mostly be replaced by robots.

Your spelling and grammar skills are on par with your logical thinking
skills. The USA is far different now than it was fifty years ago, including
a much larger population and a wider gap between the haves and the
have-nots. And all those republican businesses moving
their labor off-shore over the past four decades.


Right, no Democrat owned businesses would ever do that. Nor would any
Democrat go to Walmart to take advantage of all the low cost imports
that make up the majority of their business.