2
0

it now costs 75 grand just to eat


 invite response                
2015 Apr 20, 5:58pm   17,334 views  25 comments

by Tenpoundbass   ➕follow (7)   💰tip   ignore  

http://money.cnn.com/2015/04/17/news/75000-paycheck/index.html

Middle-class Americans are eating out too much and it's hurting them financially.

That's according to a survey released Thursday from SunTrust that shows nearly a third of U.S. households earning $75,000 a year live paycheck to paycheck at least some of the time.

Comments 1 - 25 of 25        Search these comments

1   zzyzzx   2015 Apr 20, 6:20pm  

It's really just to eat out. Of course, of Obama gets his way, it will cost much more.

2   Dan8267   2015 Apr 20, 7:15pm  

CaptainShuddup says

it now costs 75 grand just to eat

Well, if you're a fat fuck like CIC...

3   HydroCabron   2015 Apr 20, 7:56pm  

zzyzzx says

will cost mush more.

Blech!

What are you eating? Go by some real food - that gooey muck you're eating sounds awful.

4   Dan8267   2015 Apr 20, 8:02pm  

CIC, still jealous of my car? Understandable.
https://www.youtube.com/embed/l0uTHWhPue8

Much better than your wheels...
https://www.youtube.com/embed/mILMjw8CXNA

Looks like the coward just deleted his post.

5   Dan8267   2015 Apr 20, 9:32pm  

Call it Crazy says

Sure, an old Volvo that senior citizens drive

What color is the sky in your world? Seniors drive Cadillacs and Mercedes. And they don't drive convertibles.

Are you having a senior moment?

Call it Crazy says

I'm surprised you don't drive an SUV to haul your fat ass around!

Is that seriously the best put down you can think of? After meeting you, I've decided I am in favor of abortion in cases of incest.

6   Vicente   2015 Apr 20, 9:53pm  

The GOP solution:

7   Tenpoundbass   2015 Apr 21, 7:16am  

Food has historically been cheap under Republicans, at least they are smart enough to realize that food security equals election security.
That's why Republicans occupy offices 4 days to every one day Liberals spend in office before they are voted out.

8   Tenpoundbass   2015 Apr 21, 8:02am  

You can deny it but it's true. There has never been food lines under a republican.

9   Dan8267   2015 Apr 21, 8:10am  

CaptainShuddup says

You can deny it but it's true. There has never been food lines under a republican.

That's because the poor starve under Republicans.

10   Tenpoundbass   2015 Apr 21, 8:14am  

I seem to remember very clearly family bulk prices under Regan. it's why there really wasn't an angry rabble out to overthrow the government. The only people who gripped about Regan were the irrelevant Democrats, who wouldn't again see office for 12 years after that moron Carter was tossed out after his first failed term. Which btw there were serious food security and energy security issues under him. I thought it was just the times, but NO, it's how you assholes roll. Starve your constituents into being dependent on foodstamps. Less you can earn at least afford the $75,000 it takes to feed our selves a year under Democrats.

11   HydroCabron   2015 Apr 21, 9:03am  

anonymous says

instead it comes straight out as taking 75K a year to feed a family.

It's the ceaseless car-alarm honking of the extreme right. They're the kin of the SJW, determined-to-be-outraged crowd you'll find at divestment/womyn/anti-patriarchy rallies at Berkeley.

Nothing particular outrageous at the moment? No problem: just make something up.

We should endow a Victim Studies Department at Vassar for these chumps.

12   Strategist   2015 Apr 21, 10:12am  

Dan8267 says

CaptainShuddup says

You can deny it but it's true. There has never been food lines under a republican.

That's because the poor starve under Republicans.

Here are some facts:
1. Americans have too much food.
2. The lower the income, more is the weight.
3. If you are not eating enough, you must be on diet.
4. Americans shit the most.
5. Food prices are cheaper in America, than in any other developed country.
6. Healthy foods are the cheapest.

13   Vicente   2015 Apr 21, 10:28am  

CaptainShuddup says

You can deny it but it's true. There has never been food lines under a republican.

What tripe. Food assistance programs didn't vanish under Reagan, neither public or charitable/church.
Reagan chipped away at the Federal funding, which shifted burden onto the State programs.

14   Tenpoundbass   2015 Apr 21, 11:44am  

anonymous says

CiC - he's a big boy - let the Cap'n explain himself. If that was his intention, he sure didn't make it, instead it comes straight out as taking 75K a year to feed a family.

Well to the author's point, you'd need 4 times 75K for a family of 4. We're just talking about what it takes to feed one millennial a steady diet of Panera bread and Starbucks.

In the meantime Wallcheat still says there is room for growth.

15   Tenpoundbass   2015 Apr 21, 12:34pm  

You can't be that dim, that a young person making 75K a year, renting and riding public transportation(which is the actual stats on your average millennial) after paying for eating out, because groceries are so expensive that it's almost the same as eating out. And that person still does not have any discretionary income left over. Something is seriously flawed.
I know I'm doing some tongue and cheek here, but seriously this study is right in line with what I've been finding. $75K isn't shit today. And you clowns are the champions of people making $15 an hour like that somehow would benefit anyone, when reality it would only make things worse and even more expensive. Talk about ways to reduce the investors who have no business in the food chain, that manipulate the price of food, and the corporate farming intentional colluding with Congress critters with tax incentives and other practices that only serve to further artificially inflate the price of food in this country.

In the early 2000's I managed to save a large chunk of my paycheck when I was only making between 50 to 60K a year. A few hundred dollars bought you a grocery cart caravan of two carts of food. Today that just the Sunday roast will cost as much as the whole cart of groceries in 2000.

If you deny any of what I said, then you just have motives to not believe it. And you're probably part of the problem and don't like me threatening to bust up big FOOD performing stocks your 401K is making a killing on.

16   HydroCabron   2015 Apr 21, 12:40pm  

CaptainShuddup says

making $15 an hour like that somehow would benefit anyone, when reality it would only make things worse and even more expensive

I'll bet you believe that this same effect does not apply to tax cuts, which also place more money in the hands of consumers.

You idiot.

17   Tenpoundbass   2015 Apr 21, 12:41pm  

Then you'd be betting wrong A-Hole number 1!

18   Tenpoundbass   2015 Apr 21, 1:52pm  

You guys are acting like I'm making this stuff up. CNN reported it, it wasn't me, I'm just the messenger.

19   dublin hillz   2015 Apr 21, 3:38pm  

The survey also found that 44% of households in that income bracket said spending on "lifestyle purchases," such as dining out and entertainment, caused them to save less than they should.

Among those who admit to overspending, 68% said eating out was the main reason why they were not saving as much as they feel they should.

Millennials are even bigger spenders when it comes to eating out and entertainment. According to the survey, 71% of millennials who earn $75,000 a year say discretionary spending prevents them from saving money.

Well, that's a rather simple problem to correct - eat at home and watch hbo/showtime or if going all skate, do the netflix. Depending on salary, in a few years it could add up to saving for downpayment on a home.

20   Tenpoundbass   2015 Apr 21, 4:07pm  

The truth of the matter is every quarter if it's discovered that American's have more money left over after their bills.
The Electric company raises the rates, insurance premiums of every kind goes up, food goes up. The FDA gets marching orders from big food players and investors. Then descends on chicken houses declare a few sick then slaughter the whole flock and every poultry within 6 miles. It's only a few percent of America's total flock. But when you consider that we now export the majority of the dark meat leg quarters, it creates more than 20% premium on the remaining flock. They did the something last year with Beef. American's finances have never been more plugged into Companies knowing just how much everyone has and they want every fucking penny of it. They aren't having it people saving and squirreling away money. NOT ON Pelosi, Reid and Obama's watch!

It's sickening, if not for the inflation that our Fed chiefs have blatantly lied about and said did not exist. Then those currently making 75K would be making 120K or 75K would still be worth 75K, and a chicken would still be something you bought with a 5 dollar bill and got a loaf of bread a vegetable and box or two of mac-n-cheese along with it. Which you couldn't buy those items on the welfare challenge today. 75K today is like making 40K in 1999.

21   Tenpoundbass   2015 Apr 21, 5:46pm  

Chipotle's investors want extra guacamole every single time now.

Despite strong growth, Chipotle's stock slipped 4% in after-hours trading Tuesday after it announced earnings that missed the high expectations of Wall Street's burrito lovers.

One reason for the miss: carnitas.

The burrito store had to cut the popular braised pork from its menus from about 500 stores because its pork suppliers were not meeting its standards. Loyal carnitas customers turned their backs.

"Many [customers] have decided to hold out until carnitas returns," said Chipotle (CMG) CFO John Hartung during a call with analysts to discuss the results.

No carnitas until fall: The problem isn't going away soon. Chipotle said the pork won't be back in all stores until the fall.

Higher prices ahead: Chipotle will be testing the loyalty of customers again later this year, when prices will go up. Execs say prices on steak and barbacoa will go up between 4% to 6%. Hartung argues that meat prices at Chipotle have been below market rates for a long time.

"We lose money any time someone comes in and thinks about getting chicken and gets steak instead," says Hartung.

22   Tenpoundbass   2015 Apr 22, 6:51am  

Playing chess with Liberals is like debating with assholes on Patnet.

23   Dan8267   2015 Apr 22, 8:03am  

Vicente says

The GOP solution:

This could work. You just need to use a little marketing imagination. Who wouldn't want to eat piccione arrosto? That's Italian for roasted pigeon. You just have to use foreign names for things.

[Note: I tried this originally in French, but it turns out the French word for pigeon is pigeon.]

24   Dan8267   2015 Apr 22, 12:39pm  

anonymous says

Discussing things with the Cap'n is like playing chess with a pigeon. No matter how good folks are at chess (exposing the foolishness of his statements), the pigeon is going to just knock over the pieces, crap on the board and strut around like it's victorious.

The most poetic and accurate description of Captain, Call It Crazy, and Strategist. You deserve a Pulitzer Prize.

25   komputodo   2015 Apr 22, 6:13pm  

Nothing an american likes better than a tow headed, slack jawed, college graduate moron serving him his "mexican" food.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions