3 ms·

> Employers need employees, and employees need employers. If you have orders to fill, and noone to do the work, you're just as fscked, as if you have bills to

> Employers need employees, and employees need employers. If you have orders to fill, and noone to do the work, you're just as fscked, as if you have bills to pay, and no money to do it. Na, not really. An employer can just raise their prices until incoming orders and delivery capacity align. That’s a sustainable situation for the employer. There may be some opportunity cost, but they’re doing okay. An employee on the dole on the other hand is not in a sustainable situation. They have to find a job before they run out of benefits and savings, or the consequences will be dire…

ajsnigrutin 5y ago
https://twitter.com/DevitaDavison/status/1391415254710632448 https://twitter.com/DevitaDavison/status/1391415254710632448 Yeah, good luck raising prices prices.
josephcsible 5y ago
> An employer can just raise their prices until incoming orders and delivery capacity align. That’s a sustainable situation for the employer. In practice, this will reduce incoming orders so much that the total profits from them won't be enough to cover the company's fixed costs anymore.
tenebrisalietum 5y ago
Only in monopolistic situations or situations causing everyone to raise prices at the same time would the possibility of "just raise their prices" be workable. If the price gets too high people will seek alternate suppliers or do without. Example: We pay a private company to haul trash to the dump. There's many such companies, so if my company raises it's prices, I'll switch to another. We had one company raise its prices recently and everyone switched to another. I'm not sure this company is still around. Example: Comcast kept raising my cable TV bill. I eventually just ditched it and went Internet only. $200/month for TV isn't worth it.
- bjornsing 5y ago
  > If the price gets too high people will seek alternate suppliers or do without. That’s exactly the desired effect. I didn’t say raise prices to make more money. I said raise prices until incoming orders and delivery capacity align. The purpose is to get less orders.

ajsnigrutin 5y ago

https://twitter.com/DevitaDavison/status/1391415254710632448 https://twitter.com/DevitaDavison/status/1391415254710632448 Yeah, good luck raising prices prices.

josephcsible 5y ago

> An employer can just raise their prices until incoming orders and delivery capacity align. That’s a sustainable situation for the employer. In practice, this will reduce incoming orders so much that the total profits from them won't be enough to cover the company's fixed costs anymore.

tenebrisalietum 5y ago

Only in monopolistic situations or situations causing everyone to raise prices at the same time would the possibility of "just raise their prices" be workable. If the price gets too high people will seek alternate suppliers or do without. Example: We pay a private company to haul trash to the dump. There's many such companies, so if my company raises it's prices, I'll switch to another. We had one company raise its prices recently and everyone switched to another. I'm not sure this company is still around. Example: Comcast kept raising my cable TV bill. I eventually just ditched it and went Internet only. $200/month for TV isn't worth it.

bjornsing 5y ago
> If the price gets too high people will seek alternate suppliers or do without. That’s exactly the desired effect. I didn’t say raise prices to make more money. I said raise prices until incoming orders and delivery capacity align. The purpose is to get less orders.