Post-Katrina Price Gouging in New Orleans!
Gee, why isn't the Congress doing something about this price gouging in a scarce commodity post-Katrina?
Burger King is offering a $6,000 signing bonus to anyone who agrees to work for
a year at one of its New Orleans outlets. Rally's, a local restaurant chain, has
nearly doubled its pay for new employees to $10 an hour...
On any given day, contractors and business owners pass out flyers in
downtown New Orleans promising $17 to $20 an hour, plus benefits, for people
willing to swing a sledgehammer or cart away stinking debris from homes and
businesses devastated by Hurricane Katrina ...
"I'd say I'm paying two to three times as much as I would in normal
circumstances," said Iggie Perrin, the president of Southern Electronics, a
supplier in New Orleans, who has offered as much as $30 an hour when seeking
salvage workers on Canal Street...
