Tag Prices

Paper or Plastic

Michael 2 Comments

They say there is an economic crisis.  That we don’t have much disposable income.  That fewer people are in a position to make significant purchases.  That gas will be $4.00 a gallon soon.  Five dollars by summer.  But we can’t get tables at our favorite restaurants; theaters are full; sporting events and concerts where the cheap seats are close to three figures are sold out; there are more Escalades than Smart Cars filling the highways.  How did 2 + 2 get to equal 87?  We think we have it figured out.

If you have the right memories, roll back 30 to 35 years.  Gas was getting close to $2 per gallon and there was real outrage about it.  Tickets for a ball game were for the first time more than $10 for the good seats, more than $5 for the bleachers, and fans were righteously upset.  Ten dollar entrees on a menu meant you were at a restaurant requiring jacket and tie and a very serious relationship or an expense account.  Proportionate to what salaries are, we were actually in better economic shape then.  Yet then we economized, today we spend.  The difference between then and now is the difference between paper and plastic.

No, we aren’t referring to credit cards as plastic.  We mean debit cards.  Thirty years ago we had two choices when it came to making purchases.  Credit cards which nobody used unless planning a vacation and the travel agent needed paid that night or forget about the advanced purchase discount.  Or cash which everybody used but everybody also wanted to keep as much as possible in their pockets or purses.  Cash then meant cash.  When we filled our gas tank and it cost $20, we had to pull a twenty dollar bill out of pocket and watch it disappear into a cash register.  Those tickets for the ball game cost real folding money passed through the iron gated window opening at the ball yard and they were replaced by jingling change.  We even used money, sometimes only coins, at fast food stands.

Today, a sixty dollar gas tab paid with “cash” means swiping a card at the pump and maybe gathering the receipt after filling and really maybe recording it into a checkbook register.  Concert tickets are purchased on line with debit cards.  Even fast food restaurants have card swipers on the counter to eliminate the need to carry cash.  Chances are pretty good the balance gets checked once a week on line and maybe a second look to see that there aren’t more stores listed than actually shopped.  We seriously doubt there is much attention paid to the column with the $ followed by some numbers.

Today money seems to not mean terribly much to many people.  Make your selections.  Swipe a card.  If you happen to swipe more times for more funds than you have money in the bank many bankers have overdraft protection pulling funds from savings accounts or automatically debiting lines of credit.  Yet it’s all “cash” even though none of it folds.  So while mortgage rates stay low because ire was vented over high rates and people refused to buy and thus buy into the inflated charges, bacon costs more per pound than lobster two years ago but nobody is calling for pig boycotts.

Out of sight.  Out of mind.  Never actually seeing cash get handed over person to person has clearly kept rising costs out of sight.  Not recognizing the consequences of this lack of concern has clearly put us out of our minds.

Now, that’s what we think.  Really.  How ‘bout you?

 

Buy One, Get What?

Michael 1 Comment

There’s something gone terribly wrong with American commerce.  Those who are in charge can’t add.  Or subtract.  Or multiply.  We were looking for somewhere for dinner and decided to break out the old coupon book.  Yes, the price goes up every year but there are thousands of “buy one, get one” deals in it.  Has anybody ever actually read those coupons?

A quick check of the 5 or 6 closest restaurants all had coupons declaring “buy one entrée, get one free.”  But they all had dollar limits.  The most popular this year seems to be $8.00.   We’re not ones to sneeze at $8.00 off dinner for two but perhaps that’s what the advertisers should be saying.  You see, of those 5 or 6 restaurants that we checked out, none of them had an entrée for under $12.00.  The more accurate coupon language is “buy one, get two-thirds off another if you go for the cheapie meal.”

It doesn’t stop at the coupon books.  Infomercials have been varying vocabulary since there have been infomercials.  “Call now and we’ll double the offer!  Just pay additional processing and handling” an amount they never specify in any of the 30 minutes that the ad runs.  If $19.95 is the price for one plus $10.00 processing and handling, then doubling the offer should mean you get twice as much for the same $29.95.  If one costs $29.95 and you double it for free, that means $29.95 + $0.00 = $39.95???  That’s not right.  Ask anyone who passed arithmetic.

While we’re on the subject of product pricing, whatever happened to products and services being priced based on their cost.  Infomercial sales have proven that point.  Almost everything sold on TV is $19.95.  That which is not $19.95 is $19.99.  If you want to figure out the true cost of an “As Seen On TV” product, check out that mysterious processing and handling fee.  That seems to vary more with, and is probably a truer estimate of the presumed cost of the product.

Presumptions aside, we have no magic formula for determining if you’re getting a deal or getting robbed.  We live in the easternmost time zone of our country.  He of We has to fly to the westernmost time zone for work with little advance notice.  While exploring the Internet for airfares he found one for $314.  Not a bad price to get from one ocean to the other.  But if he could fly out one day later the price is only $156.  Are they planning to move one of the oceans to the Mississippi River?  If they are, they are going to move it back in very short order.  That $156 airfare is good on only the first flight of the day.  Later that same day with the same airline on the same model of plane making the same stop the same flight will cost $429.  It bears mentioning that all of that is for a flight out.  The flight back is a whole different set of numbers.  Somebody has to stop moving these cities around!

To really confuse us, some deals are too much of a good thing.  Check out this week’s flyer for your local mega-mart and see how many items you can find at “10 for $10.”  Do you really have to buy ten?  Actually, no.  With your loyalty card your price is $1 each.  Why can’t they say that?  Or are there more people than we imagine who are buying 10 cans of chopped beets this week?

Buy one get some; double or nothing; buy now and save; buy big or go home.  We guess buyers really should beware.  At the very least they should throw away their old calculators, dictionaries, and maps and buy the new and improved versions.  Processing and handling extra.

Now, that’s what we think.  Really.  How ‘bout you?

With Three You Get Collections

Michael 1 Comment

Where does a collection end and an obsession begin?  For that matter, where does a collection begin?  We believe that with two you have a spare.  With three you have a collection.   Webster prefers not to be so specific, calling a collection a mass or a pile, as in “that’s a pile of money you have there” if someone was to describe your twenty dollar bill collection.  But why do we even care?

In the news this weekend was the report that someone paid $1.38 million (a pile of money, for sure) for a penny.  It bears mentioning that it was a penny minted in 1793 and it was all copper.  Ok, it bears most mentioning that it was minted in 1793 but the news people all seemed a bit obsessed with it being copper, too.  That penny came up in our discussion over brunch and that’s why we care.

Those shows on television that claim to be reality shows (unlike this very blog you are reading that we know is the real reality show), might like to lead viewers to believe that finding a million dollar penny is no harder than breaking into your piggy bank, blowing the dust of the pennies that appear to be all copper, make up a good story to go with one, and drop it off at the local pawn shop.  If that doesn’t work, go bid on a storage shed that has been ignored by its renter for long enough to get on the “sell for rent” list and you will certainly find at least one million dollar penny, probably 3 or 4, taped to the inside of a clarinet case underneath the felt covering.  They’ll also tell you that if you don’t find that million dollar penny and you keep buying up clarinet cases looking for it, and you keep all the empty clarinet cases in the kitchen piled so high that you can’t get to your trash compactor, all it takes is a weekend with some assertive relatives and a professional organizer (household, not union), and you too can avoid eviction, commitment, or both.

But we digress…

She of We asked why somebody would pay so much for something that, at face value, is only worth one cent.  He of We cautioned her that she has art hanging on her wall for which somebody paid much more than face value if face value is calculated by the cost of canvas and paint.  It’s in the beauty of it.  It gives her joy to look at.  And there is the reason.  Beauty and joy trump face value every time.

The collecting game is probably not terribly rational.  There are many this weekend who are questioning the sanity of that unidentified buyer of the 1793 penny and his $1.38 million bid.  Both of We have several collections and in their entirety they don’t cost $1.38 million.  In their entirety they may not cost more than the computer you are using to read these words.  Yet there are still some people who may question the sanity of spending even just a few dollars for one more Mr. Potato Head, one more holiday inspired animated hat, or one more miniature version of a 1960’s era full size toy.  Some may question putting our risk of insanity in the same category of one who spends well over $1 million on a single coin as somewhat ambitious.  Then again, some people may consider putting a pile of hats that sing and move up and down in the same category as a coin collection is in itself pretty ambitious.

What is a collection?  Encarta gets a little more verbose than Webster and is willing to state that a collection is a set of objects held for its interest, value, or beauty.  So what is the value of that 1793 penny?  One cent?  $1.38 million?  It’s been said the value of any object is how much somebody is willing to pay for it, yet its worth is how much somebody wants for it.  Rarely are worth and value equal.  If our collections actually cost what we feel they are worth, they would far exceed our ability to pay for them, thus lowering their value to us.  But it is because we place such worth on these objects that give us so much joy that they are so valuable to us.

Yes, a collection is interesting and beautiful and valuable.  And not at all rational.  And just a little obsessive.  But perfectly sane.  If we didn’t covet those things of beauty that give us such joy, why would we want anything?  Is it crazy to spend $1.38 million for a coin?  Is it crazy to spend $20 for a hat that plays “The Stars and Stripes Forever?”  The answer to both is yes.  But neither is the question.  The question is, what is it worth to look upon what you have and say you wanted it, you looked for it, you found it, you got it, and you like having it for the joy that it brings you?  It’s worth more than all the money in the world.  It truly is priceless.

Now, that’s what we think.  Really.  How ‘bout you?

 

Buy the Way

Michael 5 Comments

For us, the holiday season sometimes has its own special stress.  Both of We have pretty classic 9-5 jobs.  Our only time to shop, dine, do movies or theater, see concerts or sporting events is in the evenings or on weekends.  If Either of We wants to take advantage of smaller (or no) crowds it means burning a vacation day and going back to work the following day with the off day’s work still waiting to be done.  So we usually end up shopping, dining, entertaining, or being sports in the evenings and on weekends.  Or we turn to the Internet and to catalogs.

She of We is a little more adventurous when it comes to non-hands-on shopping.   The choices of what to buy are a bit limited.  Let’s face it, some things you have to touch.  But where to buy can be on line, by flyer, via catalog, or even a Sunday newspaper supplement.  He of We sometimes to his regret is little more forgiving of what but a bit more selective of where.  Oh there will be the occasional Internet purchase and once even from an infomercial, but purchases outside of a store will more likely be from an old fashioned print catalog.  And there they share the same passion though not the same mailing lists.  Catalog shopping.

You can buy anything in a catalog – clothes, electronics, books, cookware, food, furniture, novelties.  We’ve even seen walking sticks and a duct tape tie.  If you want it you can buy it from the comfort of your own living room.  But last night, tucked between the double barreled marshmallow shooter with dishwasher safe magazines ($39.95) and the luxurious double napped genuine Irish flannel men’s pajamas ($99.95) we found the most outrageous catalog offering yet.  The Optimal Resonance Audiophile Four-Way Three-Dimensional Soundstage Quality Speakers.  These little gems can be yours for the low price of $60,000 for the pair.  Yes, there are four (4!) zeros.  Plus shipping.  And did we mention that each speaker requires four amplifiers, not included. 

Maybe the local concert hall needs $60,000 speakers.  Your family room does not.  Please consider this very carefully if you really can afford $60,000 speakers.  If you can afford $60,000 speakers we encourage you to make a donation to your local symphony, opera company, musical theater, struggling musician, or local rap artist instead.  Get your name on a brick in the wall on the side of the building and ask for two tickets, orchestra center, for the next few years of productions.  Your money will be much better spent, you’ll get to see some great musicians actually playing great music, and if you limit your gift to only $50,000 you’ll have enough left over to buy a used car with a killer stereo.

 Sixty thousand dollar speakers.  Didn’t somebody recently say these are tough economic times?  And He of We was worried that $15 for a duct tape tie was extravagant.

Now, that’s what we think.  Really.  How ‘bout you?