It’s not just energy costs but labor too. There’s labor issues. Can’t even keep truck drivers these days
The cost of diesel is what is squeezing out many truck drivers.
But diesel is at all points in the value chain:
https://www.thefencepost.com/news/economics-101-as-goes-the-price-of-fuel-so-goes-the-price-of-food/
> It’s not just energy costs but labor too. There’s labor issues. <
That’s right. Ten or twelve dollars an hour just isn’t attracting any help these days. So businesses must up wages, and then increase prices accordingly.
Another wonderful example of the Biden Effect.
The other day I had to ‘buy’ lunch. I stopped in at a Panera. There was a Now Hiring sign out front offering $24 per hour.
When I went inside to pay for a half-sandwich and bowl of tomato soup, costing well over $12...the little screen to pay asked if I wanted to add a ‘tip.’
I dunno, I just couldn’t bring myself to ‘tip’ before service. I find I have been getting far more resentful about things lately. But something about making $24 an hour to make a sandwich and microwave some soup just really irked me. Add onto that as I went to take a seat, none of the tables were even clean.
As a manager of a business, I watched the staff for a while. Some hustling and working hard, others standing around.
Irked and disappointed at the same time.