In all honesty, why do Spam sales increase during economic downturns? The New York Times makes it sound like it’s the only thing poor people can afford that “resembles meat.” I’ll grant that I don’t do much grocery shopping in New York, but here in Texas Spam is $4 a pound. Flippin’ pork tenderloin is $2.88/lb at Sam’s Club, and $4/lb at a normal grocery store. Other meats that are less no more expensive than Spam: pork chops ($2/lb), ground beef (lean ground chuck should go for $3/lb; fattier varieties go for $2/lb or less), fresh fish ($1/lb for tilapia if you know where to shop, $4/lb if you don’t), sirloin steak (regularly goes on sale for $4/lb), ham (Smithfield hams are never more than $3/lb), turkey ($.49/lb this time of year; never more than $2/lb), and chicken ($3/lb should buy you boneless, skinless breasts not on sale; everything else is cheaper, and I buy my chickens whole for no more than $1/lb, normally getting a whole chicken for less than a pound of Spam costs – a whole frickin’ chicken!).
I’m not a Spam basher; I like a Spamburger every once in a while, though I don’t get adventurous in cooking with it. But it’s not the case that Spam is cheap. Ramen is cheap. That crappy ground beef in the freezer section that sells for $.79/lb, that’s cheap. Mac and cheese and instant potatoes, the other foods mentioned in the story as increasing in sales, are both cheap.
What would explain it is if people are not just poor, but poor and some combination of lazy, bad cooks, and/or bad shoppers. If you’ve got $3 and you can either salt and pepper a pork tenderloin and cook it to the correct doneness, or you can open a can of Spam, slice is, and put it in a skillet until you feel like taking it out, the latter is somewhat easier and requires no cooking skill whatsoever. Spam also has the advantage of never going bad, unlike fresh meat. Though if people are broke and jobless and moping around without hope because it’s the worst economy since the Great Depression, maybe they could make a little time to buy fresh food regularly instead of buying 100 pounds of Spam twice per annum.
And those other meats are probably healthier (Spam is loaded with calories), reducing the amount the plebs will have to gripe about being fat and not having health insurance. And they all taste better as part of a well-rounded, healthy, and inexpensive diet.
I think we need to force high school kids to take home economics. The thought that people are turning to Spam as poor food upsets me. There’s so much better and cheaper food out there, even if Spam’s not bad from time to time.
Update: I just saw a commercial for a whole, cooked chicken from Boston Market for $1.99. Can’t say I particularly like Boston Market, but that’s cheaper than a can of Spam, and it’s significantly more food. And it’s significantly healthier.
Posted by Apollo in Grumblin Mumblins, It's Economics - Stupid!