Thursday, May 10, 2007

Must be nice

Over at Newshoggers, fester sez:

I unfortunately had to go through the Kaus Files for a couple of minutes this evening and something just stuck out that emphasized how different the economic realities of some members of the elite pundit class can be from more common realities.

My anecdotal sense parallel's [Ezra] Klein's--with the exception that all the good $45/person once-a-week restaurants on my side of L.A. seem overnight to have become $65/person restaurants,... But I may have to go back to do some now-tax-deductible field research.
Okay, a $45 meal per week works out to be roughly $2,300 per year for 52 meals. If one is to assume that Mickey Kaus is not a complete anti-social loser who actively seeks to eat expensive meals alone, he probably spends $4,000 to $5,000 on 52 meals.

Wow... my wife and I enjoy eating out, and we do have the occasional big meal for events such as our anniversary, or to celebrate a promotion at work. His weekly normal meal is one of our bi-annual big meals. We are an over-educated, dual income family with no kids, so we have truly disposable and discretionary income, but wow!
Wow, indeed. I can't even begin to fathom spending $45 - $65 on a single meal just for myself. If my wife and three kids and I go out, we can end up spending about $45 for the whole crew (and even that is highly unlikely to happen more than once per year). In our case we're over-educated, single-income, with kids, so the notion of disposable or discretionary income is quite alien to me in a good month. Don't even get me started on the bad months!

Must be nice being part of the privileged class.

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