Earlier quoted context omitted.
Inflation is a good thing?
Paying people a livable wage is a good thing.
The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
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Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#22Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#23Earlier quoted context omitted.
Which is a good thing!
Minimum wage goes up and buying power goes down as a result. This is the exact spiral that was predicted and dismissed as wrongthink. It has turned into another example of the Law of Salutary Contradiction: The Law of Salutary Contradiction states that when an event or policy is initially dismissed as impossible or a conspiracy theory, it is later acknowledged as occurring—but framed as beneficial and morally justifi…
Most serious studies of minumum wage effects conclude that while it does create upward price pressure, the results are small changes. It is essentially a redistributive, rather than inflationary, mechanism.
Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#24It's funny watching people in this thread talk about food in LA being so much cheaper than in SF, because in my humble experience LA is also quite expensive compared to pretty much everywhere else in the country.
Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#25Furthermore, a lot of these places continue to give an ethnic discount - especially when paying in cash - because someone of the same ethnic group will most likely remain a repeat customer and can induce negative WoM in tightly knit ethnic communities.
Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#26Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#27> A burrito that cost $5.50 in 2014 is now $13.95. They haven't been that cheap since the 90s. 10 years ago, they were around $10.
Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#28Earlier quoted context omitted.
Food is so much cheaper (and better) in LA than SF. SF has such mediocre food for what you pay compared to any other city I’ve lived in*. You either have to fork over a few hundred to experience some of the stellar fine dining options in the city, or end up at some brunch place that’s probably pretty decent but you’re not leaving without at least $100 between two people. The good food in the Bay Area I’ve always foun…
I love Seattle and it’s food but yeah it’s really expensive by default - I haven’t spent enough time in the Bay recently to compare but it feels equally pricy. There are still reasonable & very good places though you just have to know.
Locals would (passive aggressively) remind me though how amazing Seattle is, and I should be grateful for no income tax
Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#29It's funny watching people in this thread talk about food in LA being so much cheaper than in SF, because in my humble experience LA is also quite expensive compared to pretty much everywhere else in the country.
Re: The $14 Burrito: Why San Francisco Inflation Feels Higher Than 2.5%
#30Moving from LA to SF will definitely give you a sticker shock. I used to buy nice large burritos in DTLA for $10 flat as recently as 2024. That's with tax. Later that year in SF a nice sandwich in random bodegas would cost well over $20(with tax). SF is probably the most eye wateringly expensive city in all of US. It definitely beats NYC.
Food is so much cheaper (and better) in LA than SF. SF has such mediocre food for what you pay compared to any other city I’ve lived in*. You either have to fork over a few hundred to experience some of the stellar fine dining options in the city, or end up at some brunch place that’s probably pretty decent but you’re not leaving without at least $100 between two people. The good food in the Bay Area I’ve always foun…