Do you think most goods/services are overpriced or that you are underpaid? Both?

[ChrissyRyan]

Do you think most goods/services are overpriced or that you are underpaid? Or both?


What goods and services do you think are overpriced?  Why?  Too much demand?  Greed?

[ChrissyRyan]

I think that many concert tickets are overpriced.  Too expensive.

[ChrissyRyan]

I think that tickets to many sporting events are overpriced.  But someone has to pay those huge salaries of the star players, right? 

Plus if demand fell a lot, prices should too.  Too much demand.

[ChrissyRyan]

Snack chips seem to be overpriced.

[ChrissyRyan]

Most cars.

[Rochelle]

Snacks in vending machines.  I almost bought something today and walked away instead.  Not really worth it.

[Stottie Girl]

My thoughts are not that things are overpriced it's just that cost are increasing faster than wages so we are inevitably getting poorer. If production costs were lower (energy and transport costs for example) we would be able to start to recover but the world is so volatile right now I fear things will get worse before they get better.

[Northern Star Girl ✅]

My clients might respond that my CPA, Financial Advising, and Tax Preparation services are too expensive.

This time of year as we are just ONE MONTH away from the USA Federal Income TAX Deadline I am working 12+ hour days, 7 day's a week so I turn a deaf ear to the notion that my services are too expensive.

Danielle [Northern Star Girl]

[ChrissyRyan]

Some clothing is overpriced.

[Stottie Girl]

My clients might respond that my CPA, Financial Advising, and Tax Preparation services are too expensive.

This time of year as we are just ONE MONTH away from the USA Federal Income TAX Deadline I am working 12+ hour days, 7 day's a week so I turn a deaf ear to the notion that my services are too expensive.

Danielle [Northern Star Girl]

You have to put a value on your time Danielle. As someone who was self employed for about 11 years I can say that people always looked at my hourly rate and thought that was what I earned. They though i must have been raking it in. They didn't realise that after costs I came out with only a fraction of that.

[Lori Dee ✅]

I have owned several small businesses over the years.

Small business owners don't earn an hourly rate. Sometimes, we don't earn a salary. Even my commissions rarely exceeded my expenses.

What I find offensive is that the cost of living increased by 3%, and yet my cost-of-living adjustments were 2.5%. Meanwhile, billionaires say all is good because they don't buy anything. They pay people to buy things for them.

[katiebee]

I have owned several small businesses over the years.

Small business owners don't earn an hourly rate. Sometimes, we don't earn a salary. Even my commissions rarely exceeded my expenses.

What I find offensive is that the cost of living increased by 3%, and yet my cost-of-living adjustments were 2.5%. Meanwhile, billionaires say all is good because they don't buy anything. They pay people to buy things for them.

"How much is a banana? $20?"

I had a higher up exec suggest we "cash flow" quarterly bonuses to pay for kids' college tuition. Not realizing, apparently, his bonus was equal or greater to just about everyone else in the room's salary. A different exec one time was complaining in a call about how much trouble he was having finding someone to repair the spa/hot tub at his beach house. Which, I get it, that'd be annoying, but...we just had layoffs 6 months ago so forgive us if we don't care about your vacation home's spa not having jets for a while. The wealthy are generally out of touch with how much normal people make and how normal people live, in my experience.

[Stottie Girl]

"How much is a banana? $20?"

I had a higher up exec suggest we "cash flow" quarterly bonuses to pay for kids' college tuition. Not realizing, apparently, his bonus was equal or greater to just about everyone else in the room's salary. A different exec one time was complaining in a call about how much trouble he was having finding someone to repair the spa/hot tub at his beach house. Which, I get it, that'd be annoying, but...we just had layoffs 6 months ago so forgive us if we don't care about your vacation home's spa not having jets for a while. The wealthy are generally out of touch with how much normal people make and how normal people live, in my experience.

It's probably not their fault they're ignorant. Most of them don't live in the real world. They have this cosseted self indulgent bubble that they live in and only socialise in circles amung their own. They don't even know they are being arseholes half the time. It would do them good to spend a day with some of their employees to see a glimpse of reality. The gap between them and the rest of us plebs is getting wider and wider and growing exponentially now it seems.

[Athena]

Both. The corporations are squeezing as much as they can from the consumers. Earning numbers are at an all time record high yet wages have had very little increase and in fact I am sure that some wages have seen a claw back to make even more profits. Take Mc Donalds I can go to a sit down restaurant for close to the same price.

Some restaurants are adding multiple service fees on top of price taxes and tips. Also the tipping culture in North America is getting way out of control which is just a way for companies to push the cost of wages onto consumers. There is a movement in North America pushing a 40 % minimum tip and the amount of people your expected to tip is getting out of hand. Workers deserve a living wage and one that isn't subsidized by pushing extra costs onto the consumers. One thing I am so jealous of some Europeans for is the fact that when they see a price, that's what they pay. There is no added taxes or tips and the workers are well compensated for their jobs.

Beyond the pushing costs onto consumers above and beyond the sticker price, we are getting less for what we pay for.

I am all for an open market but right now we are facing a collusion to squeeze the consumer for all they can all wile charging us extra fees to pay for the privilege of being gouged. In Canada we used to have public corporations to help keep costs reasonable without mandating controls. Unfortunately certain governments felt that they should sell off these corporations to add funds to their coffers and now these former public corporations are probably the most expensive service and goods providers we have.