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Originally Posted by Guest
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Points well taken for the naive, View-ish, coffee-klatch remarks you responded to.
However, I'd like to point out that the $250/hr electrician is not a free market price for labor. It is a trade-guild racket price. These trades have rigged the system with trade licencing laws to restrict the supply of fill-in-the-blank labor to force up prices, and as you can see, it works, for them, meanwhile you the consumer gets screwed.
This is true for many of the building trades (plumbers and electricians are notorious for) but also doctors (!) (high health care costs, anyone?), dentist, lawyers, accountants... all have their own supply restricting rackets with the (usually) the state governments. These trade restriction laws are Type 2 laws. More on those, as follows:
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Good point about the $250/hr comment. This particular electrician had his own business so I thought it was because of his reputation for troubleshooting difficult situations that he could demand that high of a price. Regardless, I took offense to the poster who called blue color workers low level. A low blow in my book. Many of these people work hard, own their own businesses, and make more money than the average worker, including college grads.