> This seems like a bad statement to make without any comment on what’s happening to wages. Are wages rising? This might be in reference to during the pandemic

> This seems like a bad statement to make without any comment on what’s happening to wages. Are wages rising? This might be in reference to during the pandemic, nobody really wanted to work (labor shortage), so employers had to offer incentives and above-average (for them) wages in order to entice people to work. I know in some minds we might think "good, higher wages for entry level workers" The only problem is, as you know, that money has to come from somewhere. Cut a cost somewhere, raise a price to a customer somewhere, or the owners make less money. The third one doesn't really happen/isn't worth the risk of owning a business at that point, right?