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	<title>Rhywun's World &#187; economics</title>
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		<title>I am not stupid</title>
		<link>http://rhywun.com/posts/37</link>
		<comments>http://rhywun.com/posts/37#comments</comments>
		<pubDate>Thu, 17 Apr 2008 04:42:16 +0000</pubDate>
		<dc:creator>Rhywun</dc:creator>
				<category><![CDATA[Life]]></category>
		<category><![CDATA[economics]]></category>

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		<description><![CDATA[I never thought I would turn into one of those &#8220;Remember when&#8230;&#8221; guys, but&#8230; Remember when an eight-ounce bag of potato chips cost 89 cents? I do. 
It seemed to be a constant during most of my childhood, the late seventies and early eighties. A candy bar cost a quarter and a bag of chips [...]]]></description>
			<content:encoded><![CDATA[<p>I never thought I would turn into one of those &#8220;Remember when&#8230;&#8221; guys, but&#8230; Remember when an eight-ounce bag of potato chips cost 89 cents? I do.<span id="more-37"></span> </p>
<p>It seemed to be a constant during most of my childhood, the late seventies and early eighties. A candy bar cost a quarter and a bag of chips was 89 cents. (I ate a lot of both.) Well. Today I purchased a bag of Lay&#8217;s (the most disgusting chips on earth; and considering I live in New York City and have so many better options, like Utz or Herr&#8217;s&#8211;hey, all I can say is sometimes I get nostalgic for the extra-salty, flavorless chips of my youth) and received quite a shock when I looked at the weight of the bag.</p>
<p>Now I&#8217;ve noticed the gradual shrinkage of the standard potato chip bag (and many other products; the coffee can comes to mind) over the years. But I think we&#8217;ve reached a new milestone. The size of today&#8217;s $1.49 bag of Lay&#8217;s? 3 7/8 ounces. That is not a misprint. The standard bag is now less than half the size it was in my youth. If pressed, I would have guessed around five ounces. That&#8217;s the last size I recall specifically noticing. And here I thought there was something wrong with me because I finish a bag of chips in one or two days instead of the usual four or five. I knew the bags were getting smaller but <em>less than four ounces</em>?</p>
<p>What&#8217;s going on here? I think the snack food conglomerates are preying on Americans&#8217; occasionally correct assumption that productivity increases are providing us real savings. After all, the price of a bag of chips has remained a constant $1.49 for what, a decade now? Given the inevitable inflation, they&#8217;re doing a great job keeping the price constant. Except&#8230; it&#8217;s all a pack of lies. Every couple years, shave off another quarter or eighth of an ounce. Keep the bag the same size, fill it with a little more air. No one will notice the difference. Well, bollocks on that. I am not stupid. I do not need to be fooled into thinking that Frito-Lay is doing me any favors by holding the line on the price of a bag of potato chips.</p>
<p>Just give me the damn eight-ounce bag and charge an honest price for it. I can handle it. The price of everything else has quadrupled (or more) in twenty-five years. Stop treating me like a child. Thanks.</p>
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