Harbor Freight - Is it still cheap?
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- Опубликовано: 9 май 2024
- Harbor Freight is known as a low cost retailer of tools and equipment. Recently, however, people have noticed that Harbor Freight is getting more expensive. How much of that is due to inflation and price increases generally and how much of that is due to Harbor Freight raising prices? Well, those are questions that we explore in this video.
#harborfrieght #tools #economics
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Has your income increased 33% ?
More than that.
They started selling new brands that are more expensive than the old Pittsburgh.
Noticed that the minimum wage hasn't changed since 2009? 7.25 the pay hasn't grown at the same way
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.
Compared with its own prices, yes, they have gone up. Compared to other big hardware stores, they're still winning
You adjust for inflation but pay doesn't reflect the adjustment,in your terms we made more money in 2012
I’ve found that some tools have worth buying at HF. I bought a 7” 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, anyone’s feedback here on a 27 gal compressor would be appreciated! Thanks
50% off coupon on Apache cases today.. (if you get their texts).. I’m sold. Cheap prices but good quality in my opinion.
And u gotta remember there a little bit new and maybe add piece still a good deal tho
You have a point, but people’s income have not increased with inflation. That is why it feels more expensive.
I am making 10 dollars an hour more than I did in 2020 so I don’t 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.
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
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.
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.
Nope. I bought the gun case in 2020 for a hundred dollars, now it is 180. Same thing with the wooden work bench.
Yeah people still think with their past wallet on today’s prices. People are making more money now in 2024 even though it feels like you’re not. Minimum wage is higher. People don’t want to work as minimum wage went up, prices went up, cost of living went up. Yeah it’s great I wish I could go back to the 90s when gas was “cheap” for 1.98 per gallon. But it’s 2024 and as much as people complain online it’s the harsh reality of todays world
You can take that bs math and stick it in your ear. Is it reasonable ...yes ..is it more expensive .....hell yes.
Soo you’re okay supporting Chinese sweat shops is what you’re saying 😂
Supporting? He is just giving information chill out hf hater 😂😂
It’s simple. Gas prices have tripled since 2012. The operations rely on freight transportation. So how do you cover that cost ? Manufacturing costs have tripled. So they can’t give them away.
Doesn't matter how cheap, their products are garbage and you'll have to buy them again after they break.
lots of people go to harbor freight for items that will almost never be used
Most of their newer stuff is just as good as you can get through other distributors
@@Robreese24 no it's not 💀
@clothinghanger6978 Yes it is. You are just stuck in the past.
It’s called bidenomics!
Wait!!!! You’re telling me something from the year 2012 costs more than it does today?!?!?!? HOLY FUUUUUUUCK!!!!!
Lol!! The question is not whether prices have gone up, because of course they have. The question is whether they have gone up relative to the rest of the economy. Inflation over that time was 33% - so if something went up by 25%, that means that it is actually 8% cheaper today than it was back then.
@@DIYwithDave you’re right. Love the channel. I wish you the best.
Thanks for watching!