I just paid $10.69 for a pound of bacon.

Minimum wage is not what's causing the price of meat to go up.
 
From a quick google search: Missouri minimum wage is $10.30, where did you get the $15 figure from?!

No one wants to work for minimum wage is my point, it's a pretty common all over, not just Missouri. Everyone is holding out for $15/hr. I am a Service Manager for a dealership, so I do my own hiring, trust me, finding help for $15/hr even for the most basic job is impossible. It's ridiculous right now.
 
If people get paid $15 an hour for simply breathing (most fast food workers) then the true justifiable $15+ an hour jobs rates will have to go WAAAAAAAAAY up or they will lose their workforce for the easier jobs.
 
If people get paid $15 an hour for simply breathing (most fast food workers) then the true justifiable $15+ an hour jobs rates will have to go WAAAAAAAAAY up or they will lose their workforce for the easier jobs.

Yeah, it will have a snowball affect into inflation. You can't shrinkflation everything more than it already is, and not at that scale.

I get the whole "wages haven't matched housing inflation" argument, but a minimum job is not designed to support a household income. And your goods haven't inflated as much as a home. People will get a temporary satisfaction of this job hold out for higher rates, but it's just going to raise the cost of goods on everything anyways and wont matter. If anything it's just going to turn the dollar into less, and actually be a minus net profit.
 
That's like boutique brand bacon prices. Where the heck do you shop?

I just looked on Kroger and can get a pound of store brand bacon for $5.
 
That's like boutique brand bacon prices. Where the heck do you shop?

I just looked on Kroger and can get a pound of store brand bacon for $5.

Cheapest one was Oscar Meyer for $8.90, this was a main brand, yes. But still. I've never spent over $10 on bacon. Also I noticed Rib eyes were up to $18.99/lb which usually are $12-13.
 
That's like boutique brand bacon prices. Where the heck do you shop?

I just looked on Kroger and can get a pound of store brand bacon for $5.

Very true. My wife has a sensitivity to nitrates, so we always have to buy uncured bacon, which is pricey. Regular name-brand thin cut stuff is still relatively cheap.

I went to Costco the other day and their meat prices were through the roof. Over $60 for a big package of tri-tip steaks, which is about 3x the normal price. I asked the butcher about it and he said the producers aren't able to keep up with demand.
 
Very true. My wife has a sensitivity to nitrates, so we always have to buy uncured bacon, which is pricey. Regular name-brand thin cut stuff is still relatively cheap.

It was name brand (boars head), but still. That's high.

I actually didn't even notice until I seen the box of pre-cooked bacon was $7 for 2.45oz FOR HORMEL. Thats what made me go back and look.
 
Very true. My wife has a sensitivity to nitrates, so we always have to buy uncured bacon, which is pricey. Regular name-brand thin cut stuff is still relatively cheap.

I went to Costco the other day and their meat prices were through the roof. Over $60 for a big package of tri-tip steaks, which is about 3x the normal price. I asked the butcher about it and he said the producers aren't able to keep up with demand.

Yep, Costco here is high on meat, Brisket was $8.99/lb there which has been $3.99/lb for as long as I can remember, sometimes as low as $2.99/lb. I actually went to a local meat market and got it cheaper, which generally has always been opposite for Costco.
 
Didn't you just buy a new CPU, GPU, monitor, TV, and a house?

Calm down, I don't think a few extra bucks for bacon is going to break you.
 
It's not the minimum wage. It's the aftershocks of the meat industry almost shutting down entirely for a short period of time during the hack, and then COVID causing a lot of processing plants to close too. Prices stayed stable for a bit after, but it was bound to cause prices to rise as supply got smaller .. especially for crap like Boars Head.
 
I fail to see the correlation. I'm not complaining about the cost of the bacon, it's more about the job force than anything.

Wages have been stagnant for a long time. They need to go up with the cost of living. Glad to see its finally happening.

But like others have pointed out, the rising costs of everything can't all be attributed to rising minimum wages. Why do people always want to blame their problems on the poor?
 
Back
Top