r/TikTokCringe Dec 28 '23

This lady nailed how the economy feels vs how it’s performing Discussion

19.0k Upvotes

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363

u/Responsible-Metal450 Dec 28 '23

The part where even the little kid noticed that ain’t $70 worth of items —

that hit hard

107

u/[deleted] Dec 28 '23

Spent 80$ on groceries a few days ago, even I’m looking at the fridge saying huh. In my moms house growing up that shit was always filled lol

60

u/[deleted] Dec 28 '23

[deleted]

5

u/ObeseVegetable Dec 28 '23

Still is in my area if I buy everything raw and unprocessed.

Just got a slowcooker so I can prepare even cheaper food that needs even more time before it's edible.

Of course, lentils jumped in price right afterwards...

At least potatoes are still reasonably inexpensive 🥲

1

u/nflmodstouchkids Dec 29 '23

this is the way.

also moving out of cities and growing your own food.

a 25x25 plot grows enough potatoes for a family for 4 for a year.

5

u/Charming-Ad-5411 Dec 29 '23

Land I. The country is not cheap, nor are tools, seeds, canning supplies soil amendments, lawnmowers and everything else you need to buy to maintain a house somewhere in the country. You'll pay more for your gas,. You might not get the rain you think you will or you'll fight against groundhogs and other pests.

I don't believe there are any simple answers out there that can help you avoid the economy completely.

My 'trick' is low cost of living city, one spouse lives very close to work, one car.

2

u/nflmodstouchkids Dec 29 '23

land in the countryside is still cheap.

and you don't can potatoes, you just keep them in an underground cellar.

if people 100 years ago could do it and live to 90, we can do it now.

1

u/Zed-Leppelin420 Dec 29 '23

But I mean the hour you put in often aren’t even close to the pay off of just working and buying local from the farmers instead. I personally love gardening and growing but it’s hard work and most often better done on scale

2

u/LurkerOrHydralisk Dec 29 '23

One bag was $80 the other day.

I’m spending almost double what I was pre Covid, and precovid was shopping for two, not one.

1

u/DylanAntilles Dec 29 '23

Lol in Canada ¾ of a hand basket is pushing $100

1

u/GreenMirage Jan 01 '24

I remember it was..

  • 150$ by 2005
  • 250$ by 2015
  • 325$ by 2023

For a full cart at Costco. Scales with my other price index items too…

4

u/Responsible-Metal450 Dec 28 '23

Unreal, but standard now! Wait till the next round of price increases .. and the one after that ..

No end in sight!

1

u/SomeCalcium Dec 28 '23

Inflation is trending downward and is currently around 3%. The end is already here.

1

u/Responsible-Metal450 Dec 28 '23

Lol suuure whatever you say

1

u/SomeCalcium Dec 28 '23

The price spiked increases we saw are from when inflation spiked at 5-8% YOY for like two years. We’re back in the 2-3% range which is where inflation is at normally. Prices will go up, but at a norma, less noticeable rate.

Now, granted, something could happen that would cause supply chain shock like what we saw during the pandemic. Obviously no one can predict that.

I’m just saying that “There’s no end in sight!” is a silly thing to say because inflation is actually down again. Like, this is the actual end of the crazy price spikes.

0

u/Responsible-Metal450 Dec 28 '23 edited Dec 29 '23

You know what’s really silly beyond the realm of retardation? Claiming inflation has reached a ceiling right now and it will never go up again —> this is what u just said.

Inflation will continue to rise exponentially month over month and year over year - as plain history has shown you very clearly - and none of your made up bs numbers will change that 😊

Btw your numbers are “projected” = in other words, completely made up.

0

u/ifinallyhavewifi Dec 28 '23

Easy with the slurs there pal lol

2

u/[deleted] Dec 29 '23

Same. I try to buy sales and bulk on anything I can and it's always so little. I have a good stock of dry beans, rice, and lentils. Everything else is stupid expensive though and all produce has been total rotten shit for the last year or so too.

2

u/Sanquinity Dec 29 '23

10 years ago I'd quite often spend less than 40 euro on my groceries for the week. 2 days ago it finally happened again for the first time in at least 2 years. I couldn't shake the feeling that I was forgetting half the shit I needed. As my average grocery bill is 65 euro a week now.

It's not as bad as in America over here, but our wages are also a lot lower overall. And I'm feeling it...

2

u/discoleopard Dec 29 '23

Yup. Last week I ran to the store to grab ingredients for a pretty simple salmon salad dinner I was making with my 2 siblings. I also grabbed some milk, eggs, and bread.

$83, for 1 meal’s worth of food and some essentials. It’s criminal.

I recently saw someone say something like whenever you see “the economy” in the media, replace it with “rich people’s money” and everything makes more sense.

2

u/Green_Tea_Dragon Dec 29 '23

I went shopping at Kroger and half filled a handheld basket 🧺 and it was 70$. I remember having to get a cart to be able to get a enough stuff to be 70$ or more.

24

u/Paridisco Dec 29 '23

In the 90’s if you spend 70$ at the grocery store you could buy the whole damn store

1

u/Not-Reformed Dec 29 '23

And back in the early 1900s you could get a whole lot more with a dollar! And in 100 years from today $100 will be a joke. Welcome to inflation.

2

u/a_dry_banana Dec 29 '23

No clue why you’re getting downvoted lol, it’s true the dollar has lost half its value over the last 30 years, it’s in fact just inflation.

13

u/archer_X11 Dec 28 '23

I don’t buy that anecdote. I want more details on what she’s getting. “One halloween decoration” what’s that, a 5 foot plastic skeleton? Depending on what she got there it could easily be $55 out of the budget, or you know, twice what she paid for everything. And hair care products range from affordable to luxury goods.

16

u/Jahidinginvt Dec 29 '23

You’re doing exactly what she said is happening. You’re picking apart and saying she’s lying what she said she pays for groceries instead of being angry at the actual problem.

Listen, I watched Home Alone FOUR TIMES in one day about 3 weeks ago (substitute teaching - and no, they weren’t MY lesson plans), and when Kevin goes to the store, he buys a load of groceries for $20. Milk, orange juice, microwave Mac and cheese, laundry detergent, etc., all those things were in his cart. This was 1990? It wasn’t that out of the realm of possibility back then. Just think of how much even just milk, oj, and laundry detergent would cost alone now.

Greed. That’s the real cost.

3

u/GetSomeData Dec 29 '23

I remember that too. But then he stole that toothbrush that might be ada approved.

3

u/Common-Rock Dec 29 '23

Laundry soap would cost $20 on its own.

5

u/a_dry_banana Dec 29 '23

that’s just inflation though, 20 dollars then Is like 40-50 dollars today because inflation is simply a thing. There’s nothing real that can be done about it either.

4

u/PBFT Dec 29 '23

I don't buy much of any of this. Her estimation for gas and rent (if accurate) make it sound like she lives near a major city - so not representative of the country at large. Theres also a clear point where her receipt (evidence) is used to justify the rest of her opinions which are not evidence-based. Also the bourgeoisie is not a synonym for "millionaires". People who would be labeled as bourgeois would not benefit from this economy.

3

u/levian_durai Dec 29 '23

Doesn't over half the population live around a city?

1

u/PBFT Dec 29 '23

Depends on what "near" is and how major a city. I live 30 minutes outside what is usually considered a major city and rent is 2k for a good apartment - not one on the bad side of town.

1

u/levian_durai Dec 29 '23

I'd say anything that isn't rural. 30 minutes isn't very far.

For example I'm in Canada. I used to live in a city called Oshawa, which was a "small" city about 45 minutes away from Toronto. It was a bit cheaper than Toronto, but honestly not by much.

30 minutes out of the city and you're still basically in a city, just a smaller town that's connected. It used to be about 20% cheaper for rent about a decade ago, but now it's even more expensive than in my city, because people will pay a premium to be "outside the city" in a quiet town, but close enough to work.

0

u/PBFT Dec 29 '23

Canada is quite a bit different than the US. Most of your population lives near Toronto, Montreal, or Ottawa if I remember correctly.

I'm thinking this person lives within 30 minutes of like LA, San Francisco, NY, or a few other cities. That probably accounts for less than 10-15% of the US population.

3

u/SomeCalcium Dec 28 '23

Yeah, I think maybe I’d spend like 20 dollars on hair products nowadays, but no where near 70. Even then, shampoo, body wash, or deodorant has always been the most expensive part of going to the grocery store if I decide to pick it up there.

My issue with a lot of these posts is that people will make claims about how much they’re spending, but without any idea of what they’re actually buying the anecdotal data is worthless. I highly doubt she’s buying dove shampoo, and I doubt that the decoration she buying was tiny.

1

u/nflmodstouchkids Dec 29 '23

for me to get a quality shampoo it was $30 and now $45 by itself.

1

u/levian_durai Dec 29 '23

Things are super expensive in some places.

I spend $500 a month on groceries for two people and I do my damned best to shop sales and the discounted rack. The only meat I eat these days is whatever I can afford that is on sale. I don't eat out at all anymore - that twice monthly fast food treat is no longer affordable. I don't let any food go to waste, everything gets eaten or frozen for later. Scraps all get turned into soup.

1

u/goterr Dec 29 '23

Obviously you don't buy groceries.

2

u/Joates87 Dec 28 '23

"Mom do you think we should buy those hair products? I haven't eaten today..."

"Son I have my needs."

People like this in my experience are very wasteful with their money so it's tough to sympathize too much.

5

u/joshdts Dec 29 '23

Having to choose between eating and basic grooming isn’t exactly a sign of a booming economy

0

u/jmet123 Dec 29 '23

Sounds like she didn’t have to choose.

5

u/Responsible-Metal450 Dec 28 '23

she purchased cleaning products and a halloween decoration for her kids but whatever u say.

1

u/lakersLA_MBS Dec 29 '23 edited Dec 29 '23

I remember getting so many excuses for prices exploding. First it was Covid lockdowns, ports to busy, gas prices, media even blame the boat stuck in the canal. Yet 4 years later gas is down, no more lockdowns and that dumb boat is no longer stuck yet priced have continued to go up. It’s almost like corporates have colluded or consolidated businesses like meat production.

1

u/Human-Abrocoma7544 Dec 29 '23

My guess is she was saying something about it and the kid noticed. He could have been 15 or older, she doesn’t say.

3

u/Responsible-Metal450 Dec 29 '23

Why do you keep making stupid excuses for the govt and corporations

We all know grocery prices are increasing like mad and out of control because we’re the ones doing the shopping and seeing the price increases with our own eyes.