“I like Five Guys, but I can buy ground beef and one onion and get pretty close to the same burger for half the cost,” said Mr. Cockerline, who rarely goes to Five Guys anymore. “A hamburger, to me, is not a luxury,”
Brian Cockerline 20 years young Rutgers University student
Source: Lunch Traffic Lowest in Four Decades: Out for Lunch a Dying Tradition? Demise of the “Gourmet” Burger? | MishTalk
Clearly what we have is the End of Affluence. When I was a kid going out to eat at a restaurant was the occasional treat. Not many families could afford eating out more than once a week. The family cooked and ate most of our meals at home. I’ve lived in Oklahoma for a while now. We have basic burger platters for around $10. But when you add in drinks and tip the cost starts to add up. Eat out five days a week and you’re incurring substantial expense.
I’m hardly surprised at the traffic numbers. Despite government statistics the economy is anemic. Today’s kids are graduating from college with massive debt and a job market that is unkind.
What’s next? Car sharing? Multiple roommates? Tiny homes?