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Eating Out
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Jan 31, 2024 11:17:36   #
Ruthlessrider
 
jerryc41 wrote:
Local people are complaining online about the high price of housing - rentals and sales. That's a nationwide problem, though. Rentals are ridiculously high, so local people who can't afford $500,000 for a house can't afford $2,000/month rent, either.

I received an email from a local realtor this morning showing local houses and their prices. $400,000 - $500,000 for a moderate house was typical. Want a large house or a nice house? Plan on spending over $1,000,000. I moved here 57 years ago and bought this house for $10,000. I wouldn't be able to afford it today.
Local people are complaining online about the high... (show quote)


I see this as one of the many flaws associated with a purely capitalistic economic environment. If wages and/or salaries moved up similarly, that would be one thing, but it seems that those with the money have no ethic when it comes to manipulating the market environment.

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Jan 31, 2024 11:25:38   #
Ruthlessrider
 
Stats153 wrote:
And here's another thing: tip inflation! It makes no sense to me. I can understand the food getting more expensive, but why should I be expected to tip a larger percentage of the inflated price?


Because there is a wage slave who has no control of the cost of your meal who is taking care of you.

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Jan 31, 2024 11:37:52   #
jerryc41 Loc: Catskill Mts of NY
 
Ruthlessrider wrote:
Because there is a wage slave who has no control of the cost of your meal who is taking care of you.


As prices rise, waiters have to pay higher prices. With inflation at 3.4% for 2023, things could be worse.

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Jan 31, 2024 11:41:45   #
JustJill Loc: Iowa
 
Vladimir200 wrote:
Eating out today costs a LOT of money as opposed to years prior. We treat ourselves occasionally but we pay dearly for it. Last evening, we went to Outback. I had a large draft beer, salmon with 2 sides that came with it. Instead of splitting with me as she sometimes does, my wife had lobster and whatever sides came with it and with tip, the bill was over $100. Yikes, didn't used to cost that much. If my wife had split with me, it still probably would be over $50. You could say that if I did not have the draft beer, that would cut the cost a lot but the beer only accounted for $8. My wife had water. I think the expenses have gone up for the restaurants too. I live in California so the minimum wage is fairly high plus they have the cost of lots and lots of insurance they have to pay. Oh well, not complaining, just agreeing with you that it is now pretty expensive resulting in less trips out for meals.
Eating out today costs a LOT of money as opposed t... (show quote)


Last evening my husband and I went to Texas Roadhouse for our 42 anniversary. We had ribeyes and not sea food though. I had a glass of wine. Our bill came to $60, which I thought was reasonable. We live in Iowa.
I just checked our Outback menu and prices are higher there than Texas Roadhouse and I think there are comparable restaurants.

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Jan 31, 2024 11:55:43   #
Lucasdv123
 
We bought our home in 88 for $49,500.hell, you can't even by a truck for that kind of money today.it is now valued at about $240,000.

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Jan 31, 2024 11:59:44   #
Longshadow Loc: Audubon, PA, United States
 
Lucasdv123 wrote:
We bought our home in 88 for $49,500.hell, you can't even by a truck for that kind of money today.it is now valued at about $240,000.

I bought an Opel Manta Rally about 1973, $2,600.
I miss that car.

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Jan 31, 2024 13:14:07   #
EJMcD
 
jerryc41 wrote:
I don't eat out as often as I used to, but last night my son and I went to a new local eatery. We each got a cheeseburger with onion rings. I wanted fries, but I wound up with onion rings. The $8.00 hamburger for each of us produced a bill totaling $28.62. This is one reason why I don't eat out very often. Apparently, the $8.00 covered only the hamburger. The list of things below it all included an extra charge, unbeknownst to me. I don't know if paying by CC added to the bill because I didn't get a receipt. I'll continue to eat at home.
I don't eat out as often as I used to, but last ni... (show quote)


The world has certainly changed...when I was a child I remember that a bottle of soda cost $.12, a loaf of bread was $.25, a pack of cigarettes likewise $.25, a hoagie or cheese steak was $.60.

When I was 12, Mother gave me $1.00 on Saturday and I went to the movies, got soda, got popcorn and brought home change.

When I was 18, I paid $.17 per gallon for gasoline.

My first full time job paid $60.00 per week (that was 40 hours of work) and it still seems like that $60.00 went further than the $1,000 or more that people are getting today.

When I got out of the Army in 1968, I bought a brand new 68 Mustang, emerald green metallic with gold pinstriping, black leather interior right out of the showroom for $2,800.

GOOD TIMES INDEED!

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Jan 31, 2024 13:20:38   #
revhen Loc: By the beautiful Hudson
 
Come down off the Catskill mountains and visit Hudson River and visit Cornwall. The Canterbury Brook Inn has specials which are full meals -appetizer-main dish-dessert - cooked by a gourmet Swiss chef for the mid-20s to low 30s. Also the Kanda House Thai Kitchen $20 or less. Both restaurants on Main Street in Cornwall.

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Jan 31, 2024 13:23:56   #
Longshadow Loc: Audubon, PA, United States
 
EJMcD wrote:
The world has certainly changed...when I was a child I remember that a bottle of soda cost $.12, a loaf of bread was $.25, a pack of cigarettes likewise $.25, a hoagie or cheese steak was $.60.

When I was 12, Mother gave me $1.00 on Saturday and I went to the movies, got soda, got popcorn and brought home change.

When I was 18, I paid $.17 per gallon for gasoline.

My first full time job paid $60.00 per week (that was 40 hours of work) and it still seems like that $60.00 went further than the $1,000 or more that people are getting today.

When I got out of the Army in 1968, I bought a brand new 68 Mustang, emerald green metallic with gold pinstriping, black leather interior right out of the showroom for $2,800.

GOOD TIMES INDEED!
The world has certainly changed...when I was a chi... (show quote)

Yes, Tastykake blueberry pie and bottle of soda, $.35

But minimum wage was about #1.60....

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Jan 31, 2024 13:35:15   #
EJMcD
 
Longshadow wrote:
Yes, Tastykake blueberry pie and bottle of soda, $.35

But minimum wage was about #1.60....


My pie and soda was $.24. My hourly wage was $1.50 as I probably go back further than you or just different prices in various parts of the country.

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Jan 31, 2024 13:41:09   #
Longshadow Loc: Audubon, PA, United States
 
EJMcD wrote:
My pie and soda was $.24. My hourly wage was $1.50 as I probably go back further than you or just different prices in various parts of the country.

My timeframe of reference is 1968-1969, Southeast PA.

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Jan 31, 2024 13:45:47   #
EJMcD
 
Longshadow wrote:
My timeframe of reference is 1968-1969, Southeast PA.


My "childhood" prices go back to 1958. I recently celebrated the 48th anniversary of my 29th birthday.

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Jan 31, 2024 13:49:42   #
Longshadow Loc: Audubon, PA, United States
 
EJMcD wrote:
My "childhood" prices go back to 1958.

About 1960 we got 3 cheese steaks for dinner for $1.05
I remember that vividly.

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Jan 31, 2024 13:51:29   #
EJMcD
 
Longshadow wrote:
About 1960 we got 3 cheese steaks for dinner for $1.05
I remember that vividly.


Very good!

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Jan 31, 2024 14:22:16   #
Canisdirus
 
If you actually want to know why...

https://www.youtube.com/watch?v=G-N7l980uEg

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