Entertainment prices are rising much more rapidly than the overall inflation rate.
Entertainment impresarios claim that consumers are getting more for their money, but that doesn’t wash. A representative of the Chicago-area restaurant/live-entertainment venue Medieval Times says, “Our knights are very talented, athletic; what they do is not an easy task—it’s very physically demanding,” as quoted in the Chicago Sun-Times. Yes, but they were very talented and athletic and their tasks were very demanding before prices went through the roof. That’s just a price hike.