Re:A $300k Salary Feels Like $100k in the Priciest US Cities
by paulpauper on Thursday April 20, 2023 @08:58PM
(#35648582)
Labor is a huge expense. it explains why technology has not put a dent in tuition, plumbing, hvac, dental implants costs, etc. Even cars are so expensive even though they are mass produced. The assembly line at best only applies to relatively small part of economy, and non-manufacturing costs like advertising are major contributors to inflation even for non-labor intensive things.
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