Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding first, by dropping prices on thousands of products.
I was talking about this with my dad just recently. How he and I would go to big name concerts in our teens for 20 bucks, or, for him, less but similar when adjusted for inflation. Going to concerts was a common pastime for both of our generations. Those same shows are in the hundreds of dollars now.
Many years ago, I ran into two of my mother’s students. Two young ladies from middle class homes. I noticed they were dressed a bit fancy and I asked what they were up to. Turns out you could have tea like Eloise from the kids book at the Plaza Hotel. I can’t remember the exact price, but it wasn’t wildly out of line with the cost of a Manhattan lunch.
After I read your message I decided to look it up. $150.00 per person. For a light lunch.
The upper classes want to make sure they never have to be within spitting distance of the 99%
And the meal is smaller than ever. I went to McDonalds the other day and got a fish fillet sandwich. It was comically smaller than the last time I bought one. I guess the next time I buy one (assuming that ever happens) it will be on the atomic scale.
I’m not much of a fast food eater, but recently I got some while in a hurry to feed two people.
We got two junior bacon cheeseburgers, one regular cheeseburger, and a medium soda (which, by the way, was comically large–no wonder everybody has diabetes). So that is to say, we got three small cheeseburgers and a drink. It was over twenty bucks. We should have just gone to the fish and chips place down the street where we could have gotten two orders for the same price for more, and better quality, food.
It’s approx $40 to get fastfood for my family of 4 now. Those were sit down restaurant prices a few years ago.
Look at things like tickets to pro games or concerts. Teenagers used to get those with after school jobs.
I was talking about this with my dad just recently. How he and I would go to big name concerts in our teens for 20 bucks, or, for him, less but similar when adjusted for inflation. Going to concerts was a common pastime for both of our generations. Those same shows are in the hundreds of dollars now.
Many years ago, I ran into two of my mother’s students. Two young ladies from middle class homes. I noticed they were dressed a bit fancy and I asked what they were up to. Turns out you could have tea like Eloise from the kids book at the Plaza Hotel. I can’t remember the exact price, but it wasn’t wildly out of line with the cost of a Manhattan lunch.
After I read your message I decided to look it up. $150.00 per person. For a light lunch.
The upper classes want to make sure they never have to be within spitting distance of the 99%
And the meal is smaller than ever. I went to McDonalds the other day and got a fish fillet sandwich. It was comically smaller than the last time I bought one. I guess the next time I buy one (assuming that ever happens) it will be on the atomic scale.
I’m not much of a fast food eater, but recently I got some while in a hurry to feed two people.
We got two junior bacon cheeseburgers, one regular cheeseburger, and a medium soda (which, by the way, was comically large–no wonder everybody has diabetes). So that is to say, we got three small cheeseburgers and a drink. It was over twenty bucks. We should have just gone to the fish and chips place down the street where we could have gotten two orders for the same price for more, and better quality, food.
I happened to see this discussion on Reddit last night: What’s something you’ve stopped eating because it’s become too expensive?
Hundreds and hundreds of people who apparently didn’t get the memo that the economy is just super-duper right now.