Posted by Mark Robke on December 27, 2020 at 10:56:37 from (71.28.174.95):
In Reply to: Shop Rates posted by K-Mo on December 26, 2020 at 07:28:01:
What I see wrong with your argument about corn prices is the cost of fertilizer and fuel comparatively. As far as wages, the cost to the employer, has to take in the cost of benefits. Unemployment insurance, employer retirement contributions, disability insurance, sometimes life insurance, and health insurance is especially expensive. All of these costs add up to double or more than the employee is earning. Then add in the cost of overhead-the shop building, liability insurance, electricity, special tools, etc., are higher comparatively, too. Mark.
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