4 ms·
> In brazil, many people don’t eat meat because it’s too expensive During the 2008 recession, I remember a woman who called in to one of the financial advice r
by bluedino 1y ago
> In brazil, many people don’t eat meat because it’s too expensive
During the 2008 recession, I remember a woman who called in to one of the financial advice radio shows (Dave Ramsey?). She was talking about how her husband has been laid off and they were eating beans, tortillas and rice, and how i simply thought, "so you're eating....mexican food?"
That said, it's crazy how a burrito is $12 now and a two taco, beans/rice dinner at the generic Mexican restaurants in town is $16. This is peasant food that should be dirt cheap. Even the gray-market facebook food sellers want $12.
- mattmanser 1y agoThat's also labor and capital costs though, not just raw ingredient costs. It's also a byproduct of minimum wage, the time spent on making the burrito, prepping the kitchen, cleaning up, processing the order, doing the accounts, etc. all adds up meaning a single meal has a minimum cost directly proportional to minimum wage. Though don't get me wrong, minimum wage is an overall good imo. However if we had universal basic income instead, and thus could scrap minimum wage, you might see the price of a burrito drop.
- gruez 1y ago>However if we had universal basic income instead, and thus could scrap minimum wage, you might see the price of a burrito drop. ...at the expense of massive fiscal spending needed to fund the UBI in the first place.
- int_19h 1y agoStart taxing capital gains properly and we'll have plenty to fund that.
- mathgeek 1y ago> That said, it's crazy how a burrito is $12 now and a two taco, beans/rice dinner at the generic Mexican restaurants in town is $16. Beans, rice, and burritos are still relatively cheap. Labor is not. > This is peasant food that should be dirt cheap. Make it ourselves and it is.
- dani__german 1y agoI bet if housing wasn't so expensive we would see cheaper burrito prices.