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79 sats \ 12 replies \ @Coinsreporter 26 Sep 2024 \ on: Consumer Spending Warning Signs: Restaurants & Retail Hit the Skids econ
I see it as Americans getting more health conscious and trying to avoid pizzas and burgers. They also need to keep the obesity rates down.
Sorry, but that's not it. Eating out is too expensive now for many families. Americans are still the same lazy lard-asses they've always been.
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No, I was watching a video recently where someone was travelling in Utah. When she told the prices for staying and eating, I couldn't actually imagine these here gor te same things. $170 for 1 day stay, $30 for 1 meal. The same things we can get here in $10 to $15.
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This is clearly an attack on the middle class. I can't interprete this debasement of m. in another way
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Really, I was shocked. She was in a small town where only 2 or 3 hotels exist. 1 had no vacancy and the other one charged like nuts.
I don't know much about hotel rents in America. $170 is okay or way too much in a town like Ogden and Moab.
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I'm also shocked. I think most of the Indians will be shocked. In this amount a family of 4 people can easily eat good and healthy food for a month here. So many people don't even get as much salary. India is different. The costs of living are way too less than the West.
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When a small town taps into international tourist demand, prices can go nuts.
Utah is a tourist destination, so I'm not surprised to see prices like that. I'm from a small town with only one hotel and it charges like $600 a night during tourist season, but in the offseason they can barely give the rooms away.
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$600!!!
Comparing to the prices for the same facilities and similar places here in India, it's like 50x to 100x. I'm more surprised for people afford such costly facilities there. That's fine, people are very rich there.
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