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National and Global, United States

Thursday, August 27, 2009

Beer Pricing and Unemployment Go Hand-in-Hand: UP!

Beer prices are rising, and “just in time for football season,” said David Schepp in DailyFinance.

Anheuser-Busch InBev, the maker of Budweiser and the world’s largest brewer, and No. 2 brew conglomerate Molson Coors, the maker of Miller and Coors, have both said “higher prices are on tap.” The beer behemoths say the price hikes are needed to offset reduced demand.

Now, wouldn't it be nice if all of us as professionals could increase our compensation because there is reduced demand for our services in the workplace?

In today's economy, the real unemployment number (get rid of the fed numbers) is close to 20 million. That's an entire nation somewhere! When you multiply lost earning and subsequent taxes you are talking trillions of dollars. The GDP just took another hit. Beer prices are on the upswing.

So, go ahead and raise those beer prices. You will then logically create 'more demand'. And here's to you. Have another martini guys! It's on me!

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