“So Limbaugh pulled his “most of the cost is labor” out of his copious arse. I’d agree. He needs a staff to do research. He does misinform the public often.”
Clarification required here. Did Rush say most of the cost of producing a vehicle is labor? That would infer that out of 100%, the single highest cost at 27% is labor. The other 73% is made up of different items, none exceeding 27%.
Actually it was about sports shoes and he stated labor is the biggest part of manufacturing, like it was a given. It is not a true at all.