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metsurf t1_iwvwpl2 wrote

Reply to comment by ptowndavid in Port Authority bridge and tunnel toll hike proposed, with officials blaming inflation by hopopo

Aside from bloated salaries biggest costs are for what maintenance and fuel? Diesel is still really high, the cost of everything steel is very high, paint for the bridges etc is over the top expensive right now. I could see making a case but first they should be doing some trimming of fat.

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ptowndavid t1_iwwe4no wrote

Or checking how all these industries are claiming inflation as an excuse while making record profits.

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metsurf t1_iwwgxmf wrote

I work in one of those industries and we are making record profit dollars but paying record prices for raw materials. All of our price increases are just to maintain the margin percentage. Our margins this year are within a tenth or two of a percent of our historical margin percent. There is still competition for business.

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