Food Prices & the Minimum Wage Hike
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by Maxmillian VonWillebrand
By: Zagarius
A funny thing happened on my writing this weekend’s story, I decided to make a spreadsheet of the eUSA economy just to see what goods and services the eUSA provides. It surprised me to find out just how few companies the eUSA has in each product category, for a country so highly populated too. Granted there are many Quality-1(Q1) and Quality-2(Q2) rated companies, but very few Quality-3 (Q3) and higher rated companies.
The next thing I noticed was the price disparity between companies in each Product Sector. A perfect example of this is the Grain Industry, the lowest (as of 12/07/08 3:30 pm PST) is $0.81 and highest is $0.99 for Q1. Q2 jumped, and I do mean jumped to $1.66 to $1.69. Q3 was even worse, with only 2 companies at $2.54. If you noticed the prices for each Q rating was not bad, what the problem that I noticed is just how high the product jumped to the next Q Rating.
Businesses need to plan for a short term loss to reach their long term gains. What I see here is companies going for their gain immediately from day 1. Sorry, that never works. In fact that is what is hurting the eUSA economy!
I understand a company needs to make money to stay afloat, but does that mean they need to gouge the consumer??? And the consumer in the case of Grain is other companies that make Food and so they need to hike their prices up to make money... See the vicious circle? But wait it gets worse, if you look at the food companies offer their wares, you will notice a company by the name of TEA'S, you think it is an American company? YOU ARE WRONG! Comes from Romania, they are out bidding 7 other US companies. In short, we do not need a MINUMUM WAGE law, we need better CEOs and people who are willing to take a los to help the eUSA economy grow and be stable and robust!
Here is the link to the spreadsheet (http://spreadsheets.google.com/ccc?key=pAPUIsntdJLQVcEb9GKc4Gg) for everyone to see with their own eyes. I hope this makes you a believer, if not at least opens your eyes to the real reason we have the problems we have.
Thank you for your time!
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Another well-written article by an upcoming star journalist!!!
~MV, EIC NW Connection
That was helpful. Thank You.
You need to know that Q3 raw material is worth 3X of the Q1 Raw material.
So making a Q1 company is not a good idea tbh. I would say getting 90 gold is prefered before starting a company. So that you can upgrade to Q3 right after starting.
That is one way, but the idea is to get the companies already here to make changes to benefit everyone!
Which is better, immediate grow with long term loss or short term loss with long term gains???
@ Bahamot I know I am new here but who will you sell your Q3 stuff to? It is all well and good to save up and upgrade your company right off the bat, great you are going to make piles of the people that can afford it. But how many people can really afford Q3 products. Certainly no one who is new.
I think we are on the same page. But the only way to get higher companies is to have that high amount of gold. There is almost no way of making money as a low quality company. Im trying to have only high skill workers in my companies, since I want the lower ones to be in lower skill companies.
The biggest issue is the quality 4,5 companies who hires low skill workers. Since they dont leave any workers to the low quality companies. that is why you need higher quality company to survive.
The thing I talked about with the Q3 raw material is that, Q3 equals 3Q1. Which means the only reason Q3 raw material is so much higher is that it is actualy worth that much more.
But when it comes to the products, it will all even out in the long run. Prices will go down, or salarys will go up. And it all continues in a never ending cycle, even faster then in real life.