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I’d need to see evidence of unreasonable regulatory burden pushing costs up. I take claims like this on a case by case basis because it’s rarely so linear. Bus
by no_wizard 9mo ago
I’d need to see evidence of unreasonable regulatory burden pushing costs up. I take claims like this on a case by case basis because it’s rarely so linear.
Businesses always claim “regulation makes prices higher” but deregulation has not resulted in cheaper goods over time in aggregate. Consumer electronics seem to be a pricing exception and I think it’s largely automation and outsourced production as the regulations haven’t changed substantially in some time.
- rocmcd 9mo agoYeah, I'm not aware of any regulation preventing new painters/drywallers from entering the market that would drive up costs. This is a pretty straightforward example of the Baumol effect, where _anything_ bespoke (not manufactured) requiring a human is simply going to cost more. The materials for patching drywall/plaster are tiny, it's the cost of the person that is expensive because overall cost of living is rising. The cost of outsourced labor (which you can leverage when making a TV, but can't for local labor) also probably plays a role. In fact, I bet you could find someone to fix the drywall/plaster much cheaper than the cost of a TV. You just won't like the quality of the work.
- ryandrake 9mo agoYou can also do drywall and plaster yourself. It's not that hard.
- red-iron-pine 9mo ago> deregulation has not resulted in cheaper goods over time in aggregate letting evil corps get away with anything leads to them jacking up prices anyways -- who would have guessed?