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11,995 Views ⢠May 10, 2024 ⢠Click to toggle off description
#harborfrieght #tools #economics
Thanks for watching! Leave me a comment and let me know your thoughts. If you liked this video be sure to subscribe and check out the other videos on my channel. youtube.com/diywithdave?s...
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Please note that some of the links above are affiliate links and at no additional cost to you I may earn a commission. Know that I only recommend products and tools that Iâve personally used and/or believe are genuinely helpful, not because of the modest commission I may receive should you decide to purchase one of them. Most of all, I would never advocate for buying something that you canât afford or do not need.
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RYD date created : 2024-05-19T01:47:42.964034Z
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38 Comments
Top Comments of this video!! :3
You adjust for inflation but pay doesn't reflect the adjustment,in your terms we made more money in 2012
4 |
A better comparison would be for the same brand of tool then and now. I noticed that the brands of compressors aren't the same.
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Compared with its own prices, yes, they have gone up. Compared to other big hardware stores, they're still winning
4 |
Noticed that the minimum wage hasn't changed since 2009? 7.25 the pay hasn't grown at the same way
7 |
If Harbor Freight keeps raising their prices, I will just switch back to shopping at Home Depot or Loweâs. Although many tools from those stores are also made in China, Harbor Freight has less consistent quality control. I suspect the whole narrative around Icon tools being "better" than top-tier brands like Snap-On is just a way for Harbor Freight to justify price hikes.
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You didn't take into account the rise of the cost of living plus the stagnation of wages in the face of inflation. Dishonest comparison.
8 |
Has your income increased 33% ?
6 |
Iâve found that some tools have worth buying at HF. I bought a 7â Hercules grinder that gets used about once a year and has worked great for way less than other places. I guess it depends on the use. I will probably buy a breaker hammer at HF for the same reason I bought the grinder. I may buy a compressor too, which would get lots of daily use, anyoneâs feedback here on a 27 gal compressor would be appreciated! Thanks
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You have a point, but peopleâs incomes have not increased with inflation. That is why it feels more expensive.
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50% off coupon on Apache cases today.. (if you get their texts).. Iâm sold. Cheap prices but good quality in my opinion.
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Yeah i used get the 25% off coupon one item n get a really good deal. Now prices are higher n they only offer like 15% or 20% if u sign up for a membership
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I am making 10 dollars an hour more than I did in 2020 so I donât actually feel the inflation. My wife is making more than 80 thousand a year since 2020 so we are not feeling the inflation. I do feel for those struggling but everywhere I go people seem to be spending like there is no tomorrow. Someone called it hate spending. They hate it but they just keep buying.
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Unless your disposable income (after you've paid rent, food, insurances, gas etc) has gone up by at least 33% these things are now more expensive than they were back in the day.
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Nope. I bought the gun case in 2020 for a hundred dollars, now it is 180. Same thing with the wooden work bench.
1 |
And u gotta remember there a little bit new and maybe add piece still a good deal tho
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Nothing is as inexpensive as it used to be!đ
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The math ain't mathin'!
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Yeah people still think with their past wallet on todayâs prices. People are making more money now in 2024 even though it feels like youâre not. Minimum wage is higher. People donât want to work as minimum wage went up, prices went up, cost of living went up. Yeah itâs great I wish I could go back to the 90s when gas was âcheapâ for 1.98 per gallon. But itâs 2024 and as much as people complain online itâs the harsh reality of todays world
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You got inflation wrong here... $1.00in 2012 did not increase it's worth to $1.33. That would be deflation. What that means is a $1.33 today has the same buying power as a $1.00 in 2012. The dollar is less valuable today than it was in 2012. Another way to say this would be, "to buy something that cost a dollar in 2012, you would need a $1.33 today."
I'm sorry, but your entire premise is wrong.
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@cody967
6 months ago
They started selling new brands that are more expensive than the old Pittsburgh.
9 |