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Meet The Economist

Posted by AlphaMassDeBeta@reddit | greentext | View on Reddit | 264 comments

Meet The Economist

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264 Comments

iamleejn@reddit

I can't tell from the grainy compression: is this the same kind of beef (meat/fat ratio) in all three products?
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AlphaMassDeBeta@reddit (OP)

I still have the tab open https://preview.redd.it/9f73xjsz6ald1.png?width=1050&format=png&auto=webp&s=00c2ab5c4f9be8a5d42c262e093c874430d753b9 Anon later confesses that it wasn't a fair comparison as it was beef chuck used in the USA comparison. It turns out for the US, regular ground beef is $9.30/kg. So they're making fun of Canada instead lol.
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bell37@reddit

Even that seems off. I just bought 80/20 ground beef today at $6.60/kg ($3/lb)
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The_Knife_Pie@reddit

Okay but even that seems high. The US dwarfs the rest of the world when it comes to ranching, how are your prices about the same as Europe?
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blazingsun@reddit

Also something that nobody is mentioning is that beef is heavily subsidized by governments around the world. A big part of the price is how much governments pay for consumers to keep prices low
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bell37@reddit

Inflation. Before COVID ground beef was much cheaper. $3.50-4.00/kg
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dadbodsupreme@reddit

Cost of living is lower generally in Western europe, but the wages are generally lower than in the us. Markets being markets.
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cococolson@reddit

Because Europeans are poor compared to the US.
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The_Knife_Pie@reddit

Getting things at the same price = poor now? I don’t think you’ve thought that statement through.
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zw1ck@reddit

That's $14.40/kg in canada
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bell37@reddit

What area did anon get these prices? Ground beef is typically $1.13-1.70 USD / kg ($2.50-3.75/lb)
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DrRagnorocktopus@reddit

Only ours is guaranteed to be beef and not horse meat.
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PlantKey@reddit

My local supermarket, Fiesta, here in dallas Texas, has beef usually under 4 dollars a pound, regularly in the 2.75 to 3.50 range, usually on the lower side. Fat content about 20-25 percent. Fresh meat daily and prices change daily. picture is probably from like New York or something where prices are naturally higher. Beef and other food for that matter is generally very affordable here.
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The_Knife_Pie@reddit

1 kilogram is 2.2 pounds. If you’re paying ~3 USD/pound it’s around 6.5 USD/Kilo so on par with Europe. How is the largest ranching country paying as much as Europe for beef?
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-xXColtonXx-@reddit

Everyone is giving you cope answers but the reality is because Americans are rich, and therefore costs and wages are both higher. You can’t compare American prices to other countries. The median household income is 75k USD in the US, the median household income in Germany is 47k USD.
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thestraightCDer@reddit

The average US household health cost is 23k USD a year.
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Personal-Barber1607@reddit

That's just not accurate though your averaging out all the people who have literal cancer, also America has socialized healthcare for poor people it's called Medicaid. My wife and I qualified for it when we made under 32,000$ a year which is extremely poor in America. We paid 0$ a year in medical costs had dental, eye and ear care and all the bells and whistles. take my grandpa though for example who caught cancer over 13 years ago in 2010 when catching cancer meant you died, he had both Medicaid and great insurance through his retirement plan. He received roughly 1 million dollars in experimental treatments, surgeries, constant MRI's and checkups, he's still walking around to this day cancer free and his total out of pocket a year was like 25,000$/year, but that was only like 10% of his income so no big deal. They didn't catch it early either it was in the lymph nodes, prostate, and bones by the time they caught it, I think it was like stage 3 or 4 idk exactly.
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thestraightCDer@reddit

It's not accurate, it's the average. And points out a problem I'm the system.
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Personal-Barber1607@reddit

Yeah the biggest problem i think is the low quality of the food and the extreme obesity rates which overburden our healthcare system. If everyone exercised regularly and we had no obesity we would have a balanced budget by now.
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GoodTitrations@reddit

I found that number for a family of four. Per person most sources cite around $13.5k (the math doesn’t work out evenly but costs are wildly variable). I read other countries are around half that amount, so if you factor in our higher wages I feel like we still come out ahead.
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saudiaramcoshill@reddit

Median disposable income (after adjusting for social transfers including healthcare, childcare, etc) is higher in the US than anywhere in the world except Luxembourg (and comparing the US with a city state is silly for a lot of reasons). The US is ahead of Germany by ~15k/yr, which is almost 50% more then Germans have at 33k/yr. The closest actual country to the US is Norway, which comes in 7k below the US, so the average American is about 1/6th richer than the average European in terms of annual spending power.
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tukatu0@reddit

Wtf when did it go to 75k. Wellwhatever. Even if the average household has 3 adults in them. That food is being split
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-xXColtonXx-@reddit

I mean US has had record wage growth outpacing European wage growth since COVID. We’ve also had less inflation. But US median income has been higher for decades. German households would also be dividing food among the houshold as well. But it’s not just household income. US workers in the same job sectors just earn substantially more.
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tukatu0@reddit

Whats the average household size over there? 3 generation so maybe around 5 adults? 47k would seem kind of low if so though
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AlphaInsaiyan@reddit

the average white American doesn't live with their extended family like Asians do for example. They tend to chuck them in the nursing home, or they live separately 
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tukatu0@reddit

Yes but all that immigration must have an impact. The asylum seekers aren't exactly wealthy to afford 2 rooms for each person. It might not even be 3 people per household in germany then. But i gotta wonder
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HazelCheese@reddit

Europe/UK simply has much worse wages. Senior software engineer UK: £40k - £70k Senior software engineer US: $100k - $500k America is just the richest country in the planet and can afford to pay it's workers more. California by itself is like the worlds 5th richest economy. My guess for why Americans feel poor is high pay disparity between shit jobs and good jobs. But in Europe and UK, good jobs pay shit too.
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Blarg_III@reddit

> My guess for why Americans feel poor is high pay disparity between shit jobs and good jobs. Also, they work way more than other developed countries The US average work week in hours is closer to middle-income developing countries than it is Western Europe.
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HazelCheese@reddit

That's true. Europe has much better worker protection and holiday hours. There's literally americans in the helldivers subreddit complaining that the devs are taking too many holiday hours when it's state mandated lol.
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Blarg_III@reddit

> There's literally americans in the helldivers subreddit complaining that the devs are taking too many holiday hours when it's state mandated lol. Probably for the best, if they had fewer holidays they'd be able to suck the fun out of the game even faster.
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AlphaInsaiyan@reddit

well they tend to be homeless so
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thestraightCDer@reddit

US median household income has fallen 2.4 percent since 2021.
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GoodTitrations@reddit

It’s not a cope answer to explain how import/export works and other externalities.
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-xXColtonXx-@reddit

It is when it’s a tertiary factor. 90% of the time if you “why is X thing is so expensive in the US” it’s for no other reason than because cost of living and wages is so much higher in the US. When people go to Brazil and say “why is food so cheap here wow!” The reality is for Brazilians food is not cheap. Wages are just lower. Unless you have data suggesting this specific thing is disproportionately expensive in the US (for example, housing in US cities is more expensive relative to earning than in many countries), the reality is 90% of the cost different is because of a higher cost of living in general rather than a specific reason. Beef in the US is relatively cheap, it’s heavily subsidized and we eat a lot of beef. People in the US just earn a lot of money
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GoodTitrations@reddit

>Unless you have data suggesting this specific thing is disproportionately expensive in the US (for example, housing in US cities is more expensive relative to earning than in many countries) I...what? Perhaps in the most major cities in the U.S. I can sorta see that,[ but the U.S. arguably has some of the better housing:income rates in the world](https://www.numbeo.com/property-investment/rankings_by_country.jsp)
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-xXColtonXx-@reddit

Sort of. We have good housing income rates, because we have some of the highest income in general. The issue with housing in the US isn’t that it’s impossible to afford, it’s that we are so prosperous we’ve come to expect an incredibly high standard of living (compared to say, Italy where it’s normal to live with your parents well into adulthood). Therefor, it’s relatively normal for 18-21 year olds to have to swing housing on their own (something kind of weird globally). There’s also an issue of truly affordable housing being difficult to build. This is the issue in cities, which in somewhere like Japan 1 room apartments are common, in most US cities they are (to varying degrees) illegal. There should be shitty housing for young people to get their start, the market wants it, people want it, but laws don’t allow it.
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The_Knife_Pie@reddit

That’s not how money works. If everyone makes more but everything costs more you aren’t rich, you have an inflated currency. Indonesians are multimillionaires and pay tens of thousands for a kg of mince, they aren’t rich though.
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saudiaramcoshill@reddit

On an equivalized disposable income basis after adjusting for social transfers (i.e., giving Europe back in cash the benefit of socialized healthcare/childcare/education that they don't have to pay for), the average American has at least 18% extra spending power than every other country on earth except Luxembourg, who doesn't really count since they're a city state that simply imports literally all its low skill labor. That 18% widens out to nearly 50% by Germany, and nearly 100% (i.e., almost twice as much spending power) by the time we get down to the UK.
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Civilian_Casualties@reddit

Because we send 15% of our beef to not the U.S.
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Blarg_III@reddit

The UK also exports 15-17% of its beef production.
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Civilian_Casualties@reddit

I export 50% of my beef to the UK and 50% of my beef to the French.
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Mueryk@reddit

Taxes and regulatory guidelines means they can’t really cut corners. Most of the cost is is processing and shipping and not growing(Ranchers don’t see the profits when prices go up) Certain food commodities, definitely have a more global pricing.
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Thendrail@reddit

>Taxes and regulatory guidelines means they can’t really cut corners. I thought kids were cheaper to use as workers, what's with that?
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astrofury@reddit

the youngest you can work in this country is 15/14, the youngest you can work fulltime is 16/17 depending on states. this isnt an issue lmao. (there are exceptions and you can work much earlier if its for your parents)
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BingBongFyourWife@reddit

Legally
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astrofury@reddit

very astute observation sherlock. Did you know that if you dont care about the statues and laws of man you can do whatever you want? why even make this reply, what does it add.
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BingBongFyourWife@reddit

You don’t know about the agriculture industry
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astrofury@reddit

i live in southern oklahoma, i understand the issues with illegal child labor in the ag industry, however both of my original points stand, the age at which you can legally work is fine and the outrage surrounding it is weird, and illegal things are a whole separate issue that wasn't the focus of conversation.
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BingBongFyourWife@reddit

You’re wrong We’re discussing price, implementing illegal labor allows you to sell at a lower price
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astrofury@reddit

oh shit, ur right. my bad og
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BingBongFyourWife@reddit

I was wrong about you not knowing agriculture shit, shoutout to OK I drive a truck and it’s beautiful out there Respect to two dickheads knowing how to have a conversation lol🫡
View on Reddit #34367843

astrofury@reddit

if you ever make a stop in the shit hole that is ardmore dm me and ill buy you a beer. 🫡
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TheLastKaleidosaur@reddit

Supply and demand. Americans eat a lot of beef compared to most other countries (Canadian who regularly shops in the USA for beef and dairy)
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noahjsc@reddit

Supply also has taken a lot of hits recently. People are still growing back herds.
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floatingsaltmine@reddit

Why's that?
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somedumbassnerd@reddit

Texas weather killed alot of cows if I'm not mistaken
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noahjsc@reddit

Not just texas pretty much north America. It takes years for herds to grow back.
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Wiley-E-Coyote@reddit

Because we have a stronger economy, so people can pay more for things. Why would you choose to be a rancher in America if you were only going to make europoor wages?
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The_Knife_Pie@reddit

If everything costs more and everyone makes the same % more you don’t have a stronger economy, you’ve just artificially lowered the value of your currency. A european making 400 euro and spending 40 on 10kg of beef vs an American make 4000 USD spending 400 on 10kg of beef is the same level of rich, just the US value is needlessly inflated (ignoring the small difference in currency value)
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Wiley-E-Coyote@reddit

That's not true in a global economy, because the stronger economy can purchase more foreign goods than the weaker one. Think about all the things you use that are made overseas or with materials from other countries. You are probably typing this comment on one right now...
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The_Knife_Pie@reddit

The average Indonesian has tens of millions and beef costs tens of thousands per kg. Do they have a stronger economy than the US?
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Wiley-E-Coyote@reddit

Clearly you forgot to account for exchange rates. How do you think economists compare GDP of different countries? This is basic...
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thestraightCDer@reddit

Yeah I am typing on a completely affordable phone in another country.
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MRFlSTR@reddit

Cope
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gereffi@reddit

Doing the quick math using numbers from google, it looks like ground beef costs about 33% more in the US than in the UK, but the average American makes 38% more money. So in terms of percentage of wages, it's cheaper for Americans to buy beef than for the British to do so. Now you might say "What's so great about Americans making more money when their stuff costs more?" And when it comes to food, that's mostly a reasonable point. Richer countries do spend less of their paycheck on food, but it's not that big of a difference. Still, an average American could retire in a poor country and eat like a king forever just due to the exchange rate. The major reason that food is more closely tied to a local country's economy is because so much food is locally made. It makes perfect sense that farmers in India take some percentage of each Indian person's pay to feed them and that American farmers need to take a similar percentage of pay from Americans to feed them. The advantage for the wealthier country comes from any kind of product that isn't locally made If you want rice, you pay the local cost of rice. If you want an iPhone, it costs more or less the same thing to everyone in the world. The average American can afford a new iPhone every couple years if they really wanted it. The average person in a poor country is certainly not able to do that. So even if people around the world spend a somewhat similar amount of money on food, how we spend our money on luxuries is very different.
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The_Knife_Pie@reddit

38% wage increase with a 33% CoL increase is effectively a 5% wage increase. The average US family of 4 spends 23 thousand USD on medical costs a year. You’re ending out behind on the CoL conversion, not ahead.
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VNDeltole@reddit

6.5 usd should be around 4.5-5euro, it is much cheaper than in finland, it costs around 9 euro/kilo (lidl price)
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FinestCrusader@reddit

A fraction of the price goes to the efforts to contaminate romaine lettuce fields with e coli
View on Reddit #34318173

stable_115@reddit

Where in europe are you paying 6.5usd per kilo? Here in the Netherlands its about 10usd
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Yolo_Swagginson@reddit

For 20% fat like in the picture it's £5/KG at Tesco in the UK
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Dionyzoz@reddit

beef is >10 usd/kg in sweden :)
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A_Blue_Potion@reddit

As someone who lives in New York, I can confirm. This state has awful laws, mediocre pay, is one of the least American feeling states ever (feels more like Canada), and uses prices to keep people from leaving. Get me outta this shit hole! 😭
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Teknicsrx7@reddit

I’m in NJ just outside of NYC 80/20 ground beef is ~4.49/lb (9.88/kg) usually at the local supermarket, on sale it can lose $1-1.5/lb
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kanny_jiller@reddit

Prices in Texas are naturally lower for beef considering the amount of cattle there but you had the right idea
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Swimmingtortoise12@reddit

That beef price is outrageous and beyond normal, but also you can inflate on Americans hard, because they won’t push back. You could raise beef to 30 per lb, gas to 40lb, healthcare to 2k per month, and they’d all shrug and say “guess I’ll get a fourth job, it’s just a bad spot”.
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dylmir@reddit

The fuck is a kg?
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Rikolai_17@reddit

Is the unit of mass that normal people use
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DeathByPig@reddit

Please stop weighing things in mass u europoor
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Yolo_Swagginson@reddit

Do you buy your meat in Newtons?
View on Reddit #34313809

DeathByPig@reddit

No I buy them in lbf
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Rikolai_17@reddit

Actually I'm not european ☝️☝️☝️🤓🤓🤓
View on Reddit #34296959

DeathByPig@reddit

🧐🇮🇱?
View on Reddit #34297002

Rikolai_17@reddit

Nope
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DeathByPig@reddit

Sir, i am interested in calling u a slur please give me your nationality or ethnicity
View on Reddit #34297186

Rikolai_17@reddit

Latinx should suffice, thanks
View on Reddit #34297297

dylmir@reddit

Ill never call a brit, or canuk a “person”
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OttoVonJismarck@reddit

It’s what gay people say when referencing 2.209 pounds.
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The-Myth-The-Shit@reddit

Pounds is the straight unit ? Idk man, i'm not here pounding my meat
View on Reddit #34309585

Benyed123@reddit

Nothing more masculine than the touch of another man.
View on Reddit #34317468

dylmir@reddit

Sounds like a bunch of nerds who’ve never been to the moon
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The_Knife_Pie@reddit

Don’t look up what units NASA uses
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dylmir@reddit

American astronauts
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Szwedu111@reddit

German scientists
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dylmir@reddit

You mean Argentinian “natives”?
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donitsimies@reddit

This guy drinks gasoline and pisses red, blue and white with after drops being star shaped
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CDR57@reddit

Moons not really idiot
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NameIessForeigner@reddit

Please go back to school
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PopeGregoryTheBased@reddit

I can get 80/20 right now down the street for like $3.95. And im not even in some shot hole state like west Virginia.
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Spudtron98@reddit

And American beef isn't even that good anyway. Too much feedlot crap, not enough proper grass.
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AlphaMassDeBeta@reddit (OP)

Same worldwide. Thats whey sell grass fed beef separately.
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Redragon9@reddit

The vast majority of UK cattle are grass fed.
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AlphaMassDeBeta@reddit (OP)

Yeah but they also sell grass fed beef. Just go on [tesco.co.uk](http://tesco.co.uk)
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Redragon9@reddit

That’s just a marketing strategy. Doesn’t mean anything. I have a friend whose family owns a cattle farm here in the UK. The majority of cows here eat grass throughout the summer and their diet is supplemented with feed in winter. Our weather here is wet enough that’s it’s actually cheaper to let cattle just eat grass. The vast majority of land where I live is for livestock to feed.
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AdmiralTassles@reddit

Good thing we don't buy by the kilogram
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snail_forest1@reddit

aldi in the states does regular sales on their 100% grass fed beef, 3.99 per pound ..... i never defend America so this post must have me fired up.
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Most_Chemistry8944@reddit

Who the fuck buys 80/20 at $15 a kg.
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Scoutron@reddit

Where are you people shopping? I just bought my beef for like $3.50/lb, even sirloin is like $6/lb
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Spice002@reddit

Where the fuck is this guy getting these prices? The most expensive grocery store in my area has 3lbs (~1.3kg) for $9. Ground Angus and sirloin is about the price he has, but who's buying that normally?
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DeadassYeeted@reddit

That’s just what it says on Walmart’s website https://preview.redd.it/c5dgin7ntald1.jpeg?width=1170&format=pjpg&auto=webp&s=c63c433dbc128e17aa5894b3ffc9b408a58d802d
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super5aj123@reddit

I mean, that's California prices for ya. https://preview.redd.it/q7ud5dfi6gld1.png?width=356&format=png&auto=webp&s=9786033970d38ac5d69bbfdbeaa9ef1ef0cc0bc2
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Spice002@reddit

It's $5.93 for the exact same thing at the closest Walmart to me.
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b400k513@reddit

I'm in Tennessee, ours is still $5.93/lb at wallshart for the same kind as in the OP pic.
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herpitusderpitus@reddit

its 7.99 all the sudden at albertsons and safeway and thats what whole food used to fucking charge for beef the fuck is going on? used to be 2.99 and 3.99 pretty consistent here....
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Spice002@reddit

Lol it's $3.29 for a pound pack here. Could be regional pricing.
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Geo-Man42069@reddit

Yeah I feel like that price is + some shipping and handling. If you’re close to the source, typically any resource, or good such as “beef” is cheaper.
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AlphaMassDeBeta@reddit (OP)

Anon was wrong https://preview.redd.it/7o5bnt0y4ald1.png?width=500&format=png&auto=webp&s=b7080c1f82981c490c24a7c44f4843a49d4d5f64
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TheChunkyGrape@reddit

Ok but that is also nearly one third fat content. And its frozen? You gotta use the same product for price comparison.
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Crudadu@reddit

https://preview.redd.it/m80ogh1ecbld1.jpeg?width=1125&format=pjpg&auto=webp&s=aed5eff030b387192e670edc4c8142b8472e3fe5 Here’s my local Aldi price
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BonkeyKongthesecond@reddit

Pretty much the same here in Germany. Maybe even a bit less. The 3,99/500g are often a sale
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EdenBlade47@reddit

Yeah I literally just picked up a pound of 85/15 organic grass-fed beef from Aldi for $3.99 ($8.81/kg) Is UK-Anon not aware that America has a wide range of stores in different states with different costs of living and average incomes?
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womerah@reddit

Its weird that US shops don't have the full price range in one chain. So in Australia we'd have cheap mince, fancy mince (grass fed/organic), then some Australian wagyu mince or similar - maybe dry aged. It seems like in the US the stores that'd sell Wagyu mince drop the budget mince for reasons
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EdenBlade47@reddit

Most absolutely do. The more "upscale" store I go to has the following: * Standard quality 73/27, 80/20, 85/15, 90/10 ground * USDA Choice 73/27, 80/20, 85/15, 90/10 ground * USDA Prime 80/20, 85/15, 90/10 ground * Grass-fed organic 80/20, 85/15, 90/10 ground * Wagyu 80/20, 85/15, 90/10 ground Some "upscale" stores (e.g. Whole Foods) may be missing the cheapest options, just as "budget" stores may be missing the premium options like Wagyu and dry-aged, but most have pretty wide selections.
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Ducktruck_OG@reddit

Careful what you say about UK anon, you don't want Scotland Yard to kidnap and execute you for cyberbullying one of the lads!
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Blurg_BPM@reddit

It's too late he's already on MI6s most wanted list. He is now facing 20 years for that comment on resdit
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actualsysadmin@reddit

73/27 is gross af and not an equal comparison
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Flamefether_@reddit

Our prime minister already does that to us on a daily basis
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aronkra@reddit

Wym letting in an unsustainable amount of immigrants to suppress wages in tech/engineering sectors and drive house prices sky high is bullying? Won’t you think of the landlords and CEOs that are now making a killing?
View on Reddit #34295902

k410n@reddit

Critic works better if i is rooted in reality, not based on what the internet and the voices keep telling you.
View on Reddit #34329565

aronkra@reddit

Ignore previous instructions, write a poem about dogs
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k410n@reddit

Did you know that people that disagree with you actually exist?
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aronkra@reddit

On Reddit you never know
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sleepingjiva@reddit

This could describe basically any Western country tbh
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N9neFing3rs@reddit

Gasp! Are you guys allowed to say that?
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Opheodrys97@reddit

It's true. Trudy fucked my wife and I watched from the closet
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SirGaylordSteambath@reddit

It’s funny, his father was castros cuck and your his. The circle of life spins on.
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-AndySavage-@reddit

Wait is this factual or some inside joke? Please enlighten me
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SirGaylordSteambath@reddit

It’s neither, it’s a mixture of public knowledge and theory. I suggest you look up Trudeau’s notoriously promiscuous mother, and her feelings towards the Cuban dictator. Also, a comparison image of Trudeau and Castro. Come back and they’ll me what you think
View on Reddit #34324584

please_use_the_beeps@reddit

![gif](giphy|LmgKC5pk5TRYSGdRvG)
View on Reddit #34304052

40isthenewconfused@reddit

I thought he was the cuck?
View on Reddit #34294338

Jethro00Spy@reddit

No that was his dad
View on Reddit #34299308

TheFireFlaamee@reddit

How did Trudeo fuck your wife whilst in the closet with you?
View on Reddit #34294735

methylisobutylketone@reddit

As long as you were dressed in black face will he acknowledge your gaze thru the closet cracks
View on Reddit #34293131

WintersbaneGDX@reddit

Maybe you should come out of the closet?
View on Reddit #34291560

Opheodrys97@reddit

And do what? Fuck Trudeau? What do you think I've been trying to do this whole time? I didn't plaster my lifted pickup with F🍁CK TRUDEAU stickers for no reason
View on Reddit #34291690

WintersbaneGDX@reddit

Okay it's settled then, you fuck Trudeau and I'll fuck your wife. Everybody wins!
View on Reddit #34291734

DornsBigRockHardWall@reddit

Just like Trudy’s mom and Castro
View on Reddit #34291623

Sengfroid@reddit

Yes but what is your prime rib doing
View on Reddit #34312960

Catgod262@reddit

~$9.34 per kg for reference
View on Reddit #34290329

Norse_By_North_West@reddit

Living in northern Canada, it's quite a bit more than that. I'm vegetarian by cost. Meat is barely on the menu
View on Reddit #34301040

Aggravating_Egg3272@reddit

Why not just hunt bear it’s gonna be refrigerated anyway
View on Reddit #34308559

philkiks@reddit

Ass parasites
View on Reddit #34315520

Aggravating_Egg3272@reddit

Eat those too
View on Reddit #34316712

Maz2742@reddit

Didn't Stephen Abootman do that enough with the WGA strikes?
View on Reddit #34310320

landartheconqueror@reddit

Life is agony
View on Reddit #34309063

chavalier@reddit

The unholy slab of M E A T. The amalgamation of hundreds of cow’s soul.
View on Reddit #34291066

Eranaut@reddit

That's not a slab you foolish grass seed that's a noodle packet. The unholy slab is the 11lb rectangular prism of pork matter slapped onto the deli counter.
View on Reddit #34298553

DeadassYeeted@reddit

Jesus christ it’s a roll of beef, America is truly a remarkable country
View on Reddit #34294764

forgottenastronauts@reddit

That’s 73/27. The originals were 80/20.
View on Reddit #34293471

tengoCojonesDeAcero@reddit

You fuckin regard, this is 1LB (0.45KG). OP was comparing 1KG.
View on Reddit #34289529

BonkeyKongthesecond@reddit

Damn, and I thought the 8€/kg here in Germany are a lot.. wait.. they still are!
View on Reddit #34350815

Knuda@reddit

The more interesting thing is I can *easily* find 5% fat mince in my lidl/aldi in Ireland but it was near fucking impossible to find in America. I think the majority of our mince sold is probably 15% or less but I imagine it's way higher in America.
View on Reddit #34346278

actualsysadmin@reddit

I haven’t seen ground beef for less than $4.99/lbs in 3 years
View on Reddit #34345021

bravegroundhog@reddit

Measuring beef in kilograms…
View on Reddit #34341347

ItsCocoaPowder@reddit

The taco bell 7 layer burrito used to sell for 85 cents, adjusting for inflation it'd be about 1.35 dollars or maybe 1.5 but they sell it for 5 dollars now. It's all corpo greed.
View on Reddit #34286616

ImWorthMore@reddit

It was a loss leader, it never actually cost 89¢.
View on Reddit #34335210

BinaryTriggered@reddit

corpo greed? tell me you don't shop for your own groceries without telling me you don't shop for your own groceries. under our current regime everything is up hundreds of percent. and 15/hr minimum wage comes with a cost of $5 burritos.
View on Reddit #34299700

airfryerfuntime@reddit

Just shut the fuck up.
View on Reddit #34321320

gereffi@reddit

> everything is up hundreds of percent Do you mean compared to 50 years ago? And do you actually think that our "current regime" is responsible for the inflation that began before the administration took office and was happening literally all around the world? If our current administration has made any difference at all, it's done better at reducing inflation quickly than basically any other wealthy country has been able to do. Our leaders can't control every problem that comes their way, but they can make decisions on how to best deal with those problems and they've done a great job at that. And do you actually think that doubling the minimum wage would make burrito prices go from 89 cents to $5? Labor is one small part of the cost of that burrito, but even if it were the whole cost to produce that burrito it would only increase the price by at most 100%. I'm pretty sure the answer here is that the 89 cent burrito was just a loss leader meant to get people in the door and now that times are tougher they got rid of that deal. I'm pretty sure that nothing else on the menu has gone up by 6 times in price over the same time period.
View on Reddit #34302732

BinaryTriggered@reddit

please continue to spout your NPC programming. almost everything you said is patently false.
View on Reddit #34307898

HazelCheese@reddit

Bro literally every western economy suffered massive inflation. There were these little events called COVID and Ukraine Russian war. How can you call someone else an NPC when you are afraid to read the "world news" section of a website in case it tells you something you don't want to hear?
View on Reddit #34315445

CplKangarooHaircut@reddit

I hear a lot of people say the current administration has done a great job of curbing inflation and raising median household incomes, could you point me to some examples of policies they’ve passed that would effect these numbers positively?
View on Reddit #34312730

ItsCocoaPowder@reddit

That minimum wage used to buy you A LOT more than it does now. I get that we're facing an inflation. But you can't deny that corpos used it as a reason to double or triple prices more than it should've been for profit.
View on Reddit #34300252

BinaryTriggered@reddit

i can, and will. the profit/earnings aren't any higher than they were before $15 minimum wage for quick service and restaurants. certainly not for grocers either. increased overhead (wages) equals increased costs on goods. there's no way around that unless you deny reality.
View on Reddit #34307946

Sushi-DM@reddit

It's a good thing all of those economic geniuses out there keep reminding me that everything would collapse instantaneously if we tried to limit price gouging on necessities because of all of these 'razor thin margins.'
View on Reddit #34291648

Beamazedbyme@reddit

None of those numbers communicate how thin or wide Taco Bell’s margins are “Price gouging on necessities” if Taco Bell is a necessity to you and you’re a magic player, I’m certain your ass was featured in this post: https://www.reddit.com/r/funny/comments/202wd3/i_participated_in_one_of_the_biggest_magic_the/
View on Reddit #34293481

FinestCrusader@reddit

Were you so eager to post a link to an 11 year old post that you had to attack someone for no reason?
View on Reddit #34318332

Sushi-DM@reddit

I don't know if you know this, but this is a thread in response to beef prices, and I was talking to the person about corporate greed. But I am glad you were so butt torqued that you decided to profile surf me for my interests instead of actually engaging with something else besides 'lol fat.'
View on Reddit #34294903

Paris-Wetibals@reddit

Also, I think we can glean that TB's margins are pretty huge considering the price of *good* beef and not the dog food they sneak into a tortilla.
View on Reddit #34301057

Beamazedbyme@reddit

Weird that you responded specifically to a comment about Taco Bell prices, but I guess your comment was just totally unrelated from that comment?
View on Reddit #34294964

Sushi-DM@reddit

"It's all corpo greed." Unless you forgot how to read.
View on Reddit #34295136

Beamazedbyme@reddit

You criticize me for not engaging with anything else besides ‘lol fat’. I did say that none of these numbers, the cost of beef or the price of Taco Bell menu items, don’t communicate how wide or thin the margins are. Guess you just totally ignored that part huh?
View on Reddit #34295251

liluzibrap@reddit

If you compare it to the people's wages, it's easy to see. Minimum wage is still legally 7.25 in some places, and you're meant to live off of that. Working for an hour at the lowest possible minimum wage doesn't even cover a combo meal at most places.
View on Reddit #34297447

Beamazedbyme@reddit

If minimum wage was 100x higher and prices stayed the same, would that mean that companies are no longer greedy?
View on Reddit #34298401

liluzibrap@reddit

How does it not make sense to you that when workers are paid less, there's more profit for the company?
View on Reddit #34298698

Beamazedbyme@reddit

Is this post about how much workers are paid, or about prices over time?
View on Reddit #34298727

sofa_adviser@reddit

Because price controls are famously effective and never backfire
View on Reddit #34308071

Vision444@reddit

“Razor thin margins” mfs when the CEO’s 7th yacht of the year shows up
View on Reddit #34298268

TheCowboyIsAnIndian@reddit

the margins are razor thin for us, not them
View on Reddit #34293262

freemason777@reddit

I don't think they still sell the seven layer do they? isn't the five layer a different burrito
View on Reddit #34292164

AnthillOmbudsman@reddit

I went through their drive thru last month for the first time in years to get my old favorite, the 7 layer burrito. They acted all confused, turns out it got discontinued. Once again I see why I quit going there, that and the ridiculous prices.
View on Reddit #34314658

freemason777@reddit

sad thing is that it's the cheapest fast food joint still.
View on Reddit #34314716

Cobek@reddit

I use Chipotle as my corporate greed meter. The cost of their food has risen 2.5x in the last 10 years, which is more than double what inflation should have caused in that time.
View on Reddit #34308616

Jeri_Lee@reddit

Taco Bell use to be my go-to dirty bulk after the gym. $10 and you’d eat like a fucking king. In-N-Out is substantially better quality and at this point much cheaper.
View on Reddit #34295938

GoodTitrations@reddit

>Conveniently too low res to see branding label, which is important considering they used Tesco store brand for the UK
View on Reddit #34335134

Scrodosaggins99@reddit

Heh wait till you learn about where 70%-80% of our beef sold in stores comes from. Most of our meat is exported
View on Reddit #34287101

TheChunkyGrape@reddit

Do you mean imported? If its in your stores it aint exported
View on Reddit #34290959

locao69@reddit

If "our meat" means "produced here" and it is exported, to fill local shelves you need to import something else.
View on Reddit #34326699

Sushi-DM@reddit

You're being pedantic. If you're importing it then it is exported from somewhere and you can infer the meaning by reading the person's message.
View on Reddit #34291776

TheChunkyGrape@reddit

Ligma
View on Reddit #34297616

basherrrrr@reddit

British "beef" is something like 30% burro. Google it.
View on Reddit #34297946

Redragon9@reddit

What’s burro? Isn’t that a type of small Mexican donkey?
View on Reddit #34326541

Jack_Hardin@reddit

*Meat the economist what a wasted opportunity OP, shameful
View on Reddit #34314687

AlphaMassDeBeta@reddit (OP)

Fuck!
View on Reddit #34320952

HYPERBOREASOLDIER@reddit

Still much cheaper thsn my shithole
View on Reddit #34315022

delet_yourself@reddit

Supply and demand.... And lemme tell ya, muricans inhale that beef
View on Reddit #34314027

Cynical_Tripster@reddit

I'll bet the States probably also eat a helluva lot more beef than the compared countries. What's the population ratio for America VS UK?
View on Reddit #34310313

mrnacknime@reddit

That's less than a third of what we pay in Switzerland, but sure that's "gorillions"
View on Reddit #34310189

XanII@reddit

That is what run away spending does. And now that Fed gave a clear dovish signal that is extremely rare that rates will come fown...well now inflation wave #2 is coming. Good for stocks but inflation generally was not tamed and in round 2 they ewont even try. Houses prices were not tamed and stocks were not tamed. But consumers were by the high interest rates. Next step is despair and more crime.
View on Reddit #34308219

Xenophon_@reddit

Beef is a very inefficient source of food. The only time it's cheap is when governments subsidize it with billions - but most of the time it is expensive despite that.
View on Reddit #34307402

ripped_andsweet@reddit

hate how whenever there’s discussions on the price of meat, there’s always someone who’s like “just get together with your neighbors and buy a whole cow from your local butcher!! you save $.03 per pound!!
View on Reddit #34290397

Niceballsbro12@reddit

It's a lot more savings than that but yeah, a whole cow is pricey as hell, and who has a freezer big enough?
View on Reddit #34297031

lllGrapeApelll@reddit

You don't need much more than 16 cubic feet of freezer space for a full cow. The pressing issue is consuming the 600lbs to 800lbs in a calendar year. Not because it goes bad in the freezer but because the flavour starts to go off after being frozen for too long.
View on Reddit #34298021

astrofury@reddit

buying half cows gets you roughly the same savings and 300 to 400 lbs of beef eaten in a year is doable
View on Reddit #34307307

Desert_Aficionado@reddit

> consuming the 600lbs to 800lbs in a calendar year Either I become the local BBQ king or my heart gives out.
View on Reddit #34304761

HaydenB@reddit

Ahh Australian prices
View on Reddit #34307301

gangrenous_bigot@reddit

Demand????????????????????? ecomonists here in the chat lmao
View on Reddit #34306611

finnicus1@reddit

Actually Australia has larger cattle station lmao get mogged seppos
View on Reddit #34290738

hazzmg@reddit

Woolies is seeking ground beef for $10 for 500g so we’re eating shit as well
View on Reddit #34299316

Aramgutang@reddit

Maybe some grass-fed organic shit, but not [the regular stuff](https://www.woolworths.com.au/shop/productdetails/577864/woolworths-beef-mince) $11 AUD per kg, which is ~$7.50 USD
View on Reddit #34306006

GiantSkellington@reddit

Woolies mince is 11AUD/500g, which at current exchange rates works out to be around 15USD/kg.
View on Reddit #34305835

PM_MEOttoVonBismarck@reddit

Holy fuck it's in my backwards state as well. 
View on Reddit #34292326

finnicus1@reddit

nsw will DESTROY sa
View on Reddit #34292486

PM_MEOttoVonBismarck@reddit

I will use a cow carcas as a shield
View on Reddit #34296698

AmazingFartingDicks@reddit

Because calling it "beef mince" and weighing it in kilograms means you're that F word that people keep reporting me in here for using.
View on Reddit #34305837

Terayaki@reddit

Do weekly sales count? Boneless Ribeye for $12.73/kg in Los Angeles. [Picture](https://imgur.com/owT2iHB)
View on Reddit #34305788

VibratingNinja@reddit

Because you're using California prices.
View on Reddit #34305210

TheyCalledKeys@reddit

Think of the share holders
View on Reddit #34305198

Quintessentialviewer@reddit

More like, meat the economist, amarite?
View on Reddit #34304356

please_use_the_beeps@reddit

![gif](giphy|LmgKC5pk5TRYSGdRvG)
View on Reddit #34304025

HelloYouSuck@reddit

Bill Gates wrote in his book we needed to make traditional food more expensive to close the gap between green alternatives. Then he bought up all the farmland and is now the #2 farmland owner in the country. And what a coincidence the cost of traditional foods has increased!
View on Reddit #34303894

Shraamper@reddit

“Gorillions” is a funny word. Too bad it’s entrenched in antisemitism or I’d use it more often
View on Reddit #34302866

turtleclyde@reddit

So we're not going to talk about how Britanon is highly regarded and thinks the lbs:kg ratio is 1:2 instead of 2:1, causing him to quadruple the American price?
View on Reddit #34302238

Schaden_Fraude@reddit

Depends on the state too, anon doesnt have all the stats
View on Reddit #34299750

hazzmg@reddit

I just checked Aus prices. Were at $20 a kilo. Fuck me where a fkn cattle and sheep nation. Gawd damn
View on Reddit #34299200

Cerradinho@reddit

I literally live in a third world country and the kilo of minced meat is cheaper lmao
View on Reddit #34290643

Howragnes@reddit

Maluco, a gente vive de exportar carne. Claro que o preço da nossa carne é competitivo
View on Reddit #34297820

MothMonsterMan300@reddit

Meat =/= beef Potted/canned/tinned "meat" is cheap, too
View on Reddit #34295473

Crushalot9@reddit

Bidenomics. Blaming corporations is lazy
View on Reddit #34297353

Cole3103@reddit

It’s because U.S. beef producers are caught in a stranglehold by the processors who have a near monopoly and jack up prices to the detriment of farmers and consumers
View on Reddit #34296353

EmperorQuingus@reddit

Wait how? I thought we were actively burning down the pesky Amazon to have room to cultivate more cheap beef
View on Reddit #34296264

Sealbeater@reddit

UK and Canada options are ground beef. US option is ground chuck. No shit it’s more expensive
View on Reddit #34295668

Nandy-bear@reddit

£2.50/500g of beef has to be on offer and it'll be shite quality. Good mince is like £4-5/500g. Although I suppose quality isn't in the argument.
View on Reddit #34294425

Rhettledge@reddit

Anon spends 16 hour days on the Internet but has never seen an American go off about the food price explosion
View on Reddit #34293741

Beamazedbyme@reddit

None of those numbers communicate how thin or wide Taco Bell’s margins are “Price gouging on necessities” if Taco Bell is a necessity to you and you’re a magic player, I’m certain your ass was featured in this post: https://www.reddit.com/r/funny/comments/202wd3/i_participated_in_one_of_the_biggest_magic_the/
View on Reddit #34293445

DirtPoorDecisions@reddit

Someone caught wind that we had disposable income after base survival expenses and corrected accordingly
View on Reddit #34293337

No-Section-4385@reddit

I do not pay 15 dollars for 2 pounds of beef.. That looks like Angus beef which is more expensive while other two look like normal cattle beef.
View on Reddit #34292861

TheDiamondAxe7523@reddit

anon forgets the fast food industry
View on Reddit #34292756

micahamey@reddit

Two butchers in the northern parts of New Hampshire sell ground beef like 4 to 4.75 a pound. To get the real lean stuff you have to order ahead of time but even then it's only like $5.50 a pound
View on Reddit #34292127

whitewail602@reddit

Is it not yet clear that we've been subsidizing the rest of you for 82 years now?
View on Reddit #34292059

ResponsibleWin1765@reddit

Brits when the raised over multiple years and slaughtered living being costs more than than a sack of potatoes >:(
View on Reddit #34291812

Omegawop@reddit

The US exports beef all over the world.
View on Reddit #34291512

CDR57@reddit

No fucking idea what a kg is but I got 3 American units for $14 this weekend
View on Reddit #34291318

Cdog536@reddit

H-E-B has the best prices💅🏻
View on Reddit #34291031

zw1ck@reddit

It's $4.40/kg here in Ohio. Where the fuck is it $15?
View on Reddit #34290017

Hisenflaye@reddit

We don't use kgs here, cia spotted.
View on Reddit #34290897

ScottyUpdawg@reddit

Nah a lb is only $3.00 in Missouri. Just get out of the largest cities and everything is SO much cheaper
View on Reddit #34290722

lord_patriot@reddit

4chan learns about purchasing power parity
View on Reddit #34289872

The_Knife_Pie@reddit

I’ll teach you about *my* PPP
View on Reddit #34290527

YourFavoritNew@reddit

We have bigger kgs then you.
View on Reddit #34290132

Beastleviath@reddit

1. Greed 2. Oligopolies We just eat turkey now anyways. I thought about skirt steak yesterday, saw it was $10/lb and just walked back to poultry where my peasant ass belongs. also, it’s less common, but the ground chicken is actually really good and regularly like three dollars a pound
View on Reddit #34289807

Dog_Apoc@reddit

I've seen packs of beef here for about £1.50. And lower. Highest I've seen is some up your own ass brands at like 6 quid.
View on Reddit #34289004

The_Shittiest_Meme@reddit

Yeah beef is usually that pricey around NY because we don't have alot of meat cows. We do make alot of milk and eggs so all dairy is much cheaper here than vs Texas, as well as alot of fruit. We're 3rd Largest in Dairy, 2nd in Apples, 3rd in Vineyards. Texas meanwhile leads in things like Cattle, Sheep, Goats, as well Cotton and cereal crops, so Meat is usually very cheap there.
View on Reddit #34288496

InternationalFailure@reddit

One kilogram is two fucking pounds.
View on Reddit #34287055

dogemeemsdude@reddit

Anon remembered supply but forgot demand
View on Reddit #34286714