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Next time, shall we NOT offer help to the US? | by klaranth | 2007-04-30 02:30:56 |
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This is why I dont trust the government. | by esbita | 2007-04-30 06:06:21 |
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Why do you think that might be? | by Peace_man | 2007-04-30 08:57:07 |
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See lab rat's reply for a dose of reality. | by esbita | 2007-04-30 09:58:03 |
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I certainly don't disagree with what you're saying | by Peace_man | 2007-04-30 12:47:26 |
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Agreed on the last- somewhat. | by esbita | 2007-04-30 14:00:19 |
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You're right - the outcome is far from what | by Peace_man | 2007-04-30 14:19:00 |
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There are already the "welfare programs" in place. | by esbita | 2007-04-30 15:14:47 |
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I'm getting confused, here. | by Peace_man | 2007-04-30 15:54:34 |
| Yes that is the case! |
by esbita |
2007-04-30 16:49:38 |
As I understand it. If not, lab rat or others closer to the situation can correct me. But any significant "premium" on labor and materials counts as "price gouging."
At the current rate of progress, it will likely take many years for NOLA to rebuild. Because no PREMIUM is allowed, who in their right minds wants to work there? Any other field down there is offering great wages and signing bonuses just to attract people back. A high school friend of mine hired in down there a year before the storm as a metallurgical engineer. You can bet your arse that his company treated him and cow-orkers VERY nicely thru the storm and after...so they wouldn't be left trying to replace staff.
You can start to train new tradespeople, but it takes time, and it takes the presence of skilled tradespeople to train them, as well. Which are in short supply.
Any other field is revising their salary offerings, especially in light of scarce housing and the associated cost.
One of MANY links defending the practice of "price gouging."
http://sptimes.com/2005/12/11/Perspective/Why_gouging_laws_don_.shtml
Another pont it makes is that when anti-price gouging laws get really draconian, no one even wants to BID on the repair/rebuild jobs...because then if you bid even a smidge over what peabrain bureaucrat says you SHOULD bid... you could face heavy penalties.
As this article shows, training has been underway. Still far from enough though. Rising starting wages doesn't compensate for housing shortages:
http://www.cbsnews.com/stories/2006/09/13/katrina/main2005380.shtml
Note the quote from the guy at the end. He switch to being a novice construction worker and earned a decent raise. |
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[ Reply ] |
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Thanks for those links. Very informative. | by Peace_man | 2007-04-30 17:19:42 |
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One man's "premium" is another man's "gouging." | by esbita | 2007-04-30 17:54:00 |
