4 ms·
Inflation over that time frame was ab ut 1.35 so a 1.5 increase is only slightly above inflation. Is that really outrageous? I'd wager that e.g. Infrastructure
by cycomanic 3y ago
Inflation over that time frame was ab ut 1.35 so a 1.5 increase is only slightly above inflation. Is that really outrageous? I'd wager that e.g. Infrastructure and labour costs increased more than that over the last 10 years.
- kbenson 3y agoA 1.5x increase is a 43% more than a 1.35x increase. Also, why wouldn't labor costs be factored into that inflation increase, and why would infrastructure costs be more than inflation?
- bravetraveler 3y agoThis thread has me confused... Why are we even industrializing if the processes and such don't become more efficient? I don't expect 0, stuff costs, but I'd expect a downward trend
- lazide 3y agoNot what is going on in this case, but even if real costs stayed the same - counting inflation - costs would go up every year. That isn't what is going on here, rather PG&E is manipulating the rate payer, and the rate payer is also having to do massive 'catchups' for prior manipulations PG&E has done (like not keeping required records, skimping on maintenance to dangerous degrees, etc.). And since somehow PG&E has convinced everyone there is no other solution than paying them more money...