maninsoma Posted Thursday at 03:24 PM Posted Thursday at 03:24 PM The problem with inflation calculations is that the more expensive something is, the greater the overall added cost will be if the same percentage is applied. For example, say a client made $30 per hour working full time in 2000. That would have meant an annual gross salary of $62,400. At that time, typical escort rates were $150-$200/hour where I lived, and lower priced escorts were easily found on sites like Craigslist. Just calculating the higher cost option, the difference between the escort's hourly rate and the client's hourly salary was $170. There's been about 95% inflation since then, so assuming the client has the same job and his salary has only increased the rate of inflation. That would mean his salary is currently a little more than $58/hour while the escort's is about $390. That's a difference of $332. Most people actually get raises more than typical inflation (whether due to changing jobs, getting a promotion, etc), so let's say the client makes three times as much as he did in 2000. That's still only $90/hour, which makes the difference between the escort's hourly rate and the client's salary about $300. Looking at the math in this way, it's easy to see how hiring has become more expensive for a middle class or working class person in terms of share of their disposable income. I didn't post the above to argue that escorts shouldn't be able to set their own prices but rather to explain why some clients' perspectives might be that, at current rates, many providers aren't "worth it" for them. Cost isn't the principal reason I drastically reduced my hiring, but I'll admit that as rates rose and my experiences were generally diminished (probably somewhat due to me being less attractive as I aged but also, frankly, more providers entering the market simply to make a buck with seemingly no motivation to actually focus on the clients' experiences) I started feeling like most of my hires simply weren't "worth it." Paying someone hundreds of dollars an hour should result in more enjoyment than one can have with one's own hand. Wolfer 1
MscleLovr Posted Thursday at 03:32 PM Posted Thursday at 03:32 PM 6 minutes ago, maninsoma said: Paying someone hundreds of dollars an hour should result in more enjoyment than one can have with one's own hand. If you could find someone to embroider that on a small cushion, I’m sure there’d be great demand 😎
jonasfoleson Posted Thursday at 08:51 PM Posted Thursday at 08:51 PM 23 hours ago, Jake said: Reading all this makes me so glad I have a passport. It's so easy to move to be an escort?
jayjaycali Posted Thursday at 09:40 PM Posted Thursday at 09:40 PM How does escort shelf life matter? We standardly use the price of bread or milk to track decades of cumulative inflation because staples dictate the baseline cost of living. Inflation is tied to the market value of the service, not the career span of the person. Furthermore, quoting a generic national average ignores that the cost of living in dense metro markets may increase significantly faster than the national aggregate (e.g. rent). I can understand the opinion of baseline 3.3% inflation rate as negligible, but it actively overshoots the Fed's 2% target (65% overshoot). I think we can't be completely dismissive of that (especially with previous years' rates compounding cumulatively).
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