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%
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%