Bloomberg's Tone-Deaf Take on Americans' Expenses

Jacob Greene
Published Jun 20, 2024



Ever since America has been dealing with runaway inflation, the rich, powerful and elite class in the country have come out in droves to tell suffering people how they're just imagining things.

Paul Krugman, a multi-millionaire who made his fortune by telling college kids how money is evil, recently penned a New York Times op-ed telling poor people that they are not affected by inflation, so stop panicking.

According to Krugman, only rich people, like himself, feel the weight of record inflation. Poor people just like to complain; must be why they're poor, apparently. No apology, no retraction; he got paid a handsome sum to write that garbage, and he's on to writing more as you're reading this.

Though the latest is the most hilarious example of America's wealthy class being tone-deaf. Bloomberg, which is owned by one of the world's richest men, Mike Bloomberg, recently put out a series of tweets telling Americans how to save money. Yes, rich people, who don't have to cut back, are offering financial advice to poor people. Don't worry, though; it's free.

Some of their great advice included things like letting your sick dog die. Yes, that's real. Though perhaps their most out of touch example was suggesting that people buy lentils instead of meat. If you're struggling to buy groceries and know the prices of items at the store, you're probably laughing. If you're aware of how much organic lentils cost at Whole Foods, compared to meat at the supermarket, you're probably hunched over in laughter and can't breathe. What makes the rich think that they have good advice about the expenses of normal people? No one asks them for their advice, but they never fail to offer it, and it never fails to be mind-numbingly stupid.

Lentils Cost More Than Meat



Do these rich people even go to the grocery store? Most have others do their shopping for them, and often their cooking. Many simply eat out constantly, because it's no sweat off their brow to pay $50 or more a meal, which is why they're so addicted to Uber Eats. You've probably seen those high-class, ritzy commercials, where the rich and famous celebrities get their Uber Eats delivered in big bags that contain not only food but also lipstick and everyday items.

The message here is clear: When you're rich, the pleb class of worker brings you all of your items, so you never have to bother yourself mingling among the unkempt masses. These people truly are out of touch. If they've been to any sort of grocery store in the past decade, then they should know that lentils cost more than a lot of meat items.

Most cuts of red meat aside, lentils are over $1/pound at most locations, and upwards of $2/pound for name-brand, organic lentils. This is at a normal store. At Whole Foods, you're probably looking at $5/pound minimum. Now, of course, you can't get t-bone steaks for $1 or $2 per pound. But you can get any sort of chicken for that price, and most pork. You can go to the grocery store and come out with far more meat than lentils for a cheaper price. At Walmart, you can get a 5 pound bag of chicken legs for $4. The lentils there? They're $5 for only 4 pounds, and that's the Great Value store brand. It's not even close; meat is far and away cheaper.

The fact that the elite don't know this just makes it seem as if they picked some food they thought was healthier than meat with the intent of underhandedly shaming those fat, unhealthy poor people.

Why Do the Rich Constantly Get Involved?



From Marie Antoinette and "Let them eat cake" centuries ago, to "Inflation doesn't affect poor people" by Mr. Krugman just weeks ago, the rich constantly seem to get involved in the financial affairs of poorer people. You never find poorer people writing articles and lambasting the rich for their spending habits, telling them to buy BOGO offers at the Piggly Wiggly instead of spending so much on lobster and caviar. Poor people don't have a voice that's able to be amplified in such a way; and insofar as they did, they'd probably choose to keep working to put food on their table.

Rich people never miss an opportunity to preach to everyone else. This latest Bloomberg example is another in a long list of examples of how out of touch the elite are with reality.

Related Articles

How to Stop Spending Money on Things You Don't Need...

Is your pocket often empty due to impulse purchases? This type of spending can be detrimental to both your wallet and reaching long-term financial objectives. Knowing the issue is vital, but taking actionable steps to...

All Your Burning Weatherization Assistance Program Questions, Answered...

The Weatherization Assistance Program (WAP) is a powerful resource that can help you reduce your utility bills while increasing the energy efficiency of your home. By making your home more w...

Explore Expense Relief Options for Individuals with These Ideas...

With the cost of living rising, it can be easy to feel overwhelmed. That's why it is so important to scout out options that can help with expense relief. Fortunately, from grants to debt reli...

Simple Habits for Saving Money on Expenses...

Saving money on expenses is a key aspect of good financial management and can help you to live a more financially secure and stable life. It can help you stretch your budget further, especially if you have a limited income....

Harnessing the Sun: How Solar Can Bring Relief to Your Utility Bills...

In the search for ways to alleviate the burden of hefty utility bills, many people have turned their gaze upwards, towards the sun. Solar energy isn't just for the tech-savvy or the wealthy; it'...

Grocery Costs are Through the Roof and Might Not Stop...

If you have been to any grocery store in America in the past six months or so, then you know that prices have surged through the roof. While the federal government and mainstream media are busy every day telling you t...