WE LOVE SPENDING $28 ON LUNCH!

SumitoMedia (0:00)

What's going on, ladies and hyenas? Welcome back to The Shpodcast, the number one shpodcast that you probably clicked on just a few seconds ago. I'm your host SumitoMedia, joined as always by my co-host Andrew. How you doing, buddy?

Andrew (0:14)

Very good.

SumitoMedia (0:16)

Good to hear. As always, remember to leave a like, subscribe, rate this five stars if you're listening on Spotify or Apple Podcast. A bonus episode is live on the Patreon for every one of these episodes that you see. Today's episode, me and Andrew spent a ton of time talking about short form content and how we hide our Southern accents.

Andrew (0:37)

What a day. What a day.

SumitoMedia (0:40)

Andrew, how much money do you spend on lunch?

Andrew (0:42)

Oh, no.

Actually, you know what? Probably not a lot. I generally end up only eating breakfast around noon and then dinner.

SumitoMedia (0:54)

So there's a viral tweet that has gone viral. Good words, Cimet. Everybody loves listening to you say the same thing twice.

There's a tweet that has been going viral. It is an interview with Mr. Wonderful from the Shark Tank series. Kevin O'Leary.

Andrew (1:09)

Or I've heard the quote from him, at least.

SumitoMedia (1:12)

Titled, Kevin O'Leary says Gen Z is financially cooked when people making 70k a year are spending $28 on lunch.

Now, to play devil's advocate and or provide the full context of what's being said here, Mr. Kevin O'Leary is basically saying that $30 on a lunch is crazy, even if you're making $70,000 a year. That's an insane amount of money to be spending every day just on food, even if you're making 70k. And he feels like Gen Z, that is our generation, right? Between the ages of 25 and 40 at this point, maybe, are, no, like 30 and 45 at this point, are spending too much money eating out. And this was, quote, tweeted by somebody, which now has 10 million views, who says lunch just costs $28 now. Eating out for lunch, it isn't uncommon for it to be between 20 and 30 bucks. What are we saying? Are Gen Z just not supposed to eat lunch anymore? And this combination of what Kevin O'Leary stated about $28 lunches, and this individual seemingly arguing that, you know, what else are you going to do, has led into an expansive conversation about the differences in how much things cost nowadays between Gen Zs and their boomer parents, and how much of it is a fault of their boomer parents. People have been debating about making a $3 sandwich from Aldi. Andrew, people are making the argument that the reason that you and I cannot afford a home nowadays is because we're spending, God knows, $20 plus on lunch. And if we had just made a sandwich every day for the next five years, and only eaten a sandwich for lunch, we might be saving upwards of $20 a day, which could be almost $10 grand a year, which could, what's $20 a day? $3.65, $7,000 a year. And if we did that for a measly 10 years of just sandwiches for lunch, we could have $70,000, which would still not be enough to buy a house.

Your thoughts on this, Andrew?

Andrew (3:30)

Kevin O'Leary is a fucking moron.

SumitoMedia (3:34)

But he's a millionaire. Surely he does everything right.

Andrew (3:38)

I am more than fairly certain him and pretty much all of the other Shark Tank people became billionaires because of just like a lucky deal they happened to make or some shit. You're telling me working harder doesn't make you... From what I remember. But Kevin O'Leary owns one restaurant, the Blue Bovine Steak Plus Sushi House in Toronto.

The average price, like meal price per person, is about $100.

SumitoMedia (4:08)

That doesn't make any sense. I mean, if you're expecting people to spend...

Andrew (4:11)

Steaks are starting around $80 to $130 for standard cuts.

SumitoMedia (4:16)

If you're expecting people to spend $100 on dinner, but then you're, you know, arguing that the reason that they're poor is that they're spending $30 on lunch, hmm, something's not adding up.

Andrew (4:28)

$16 to $23 per sushi roll.

SumitoMedia (4:31)

This has been a topic that has been kicked back and forth a number of times, and it's, the number of people that are commenting under this that are like out of touch boomers are what I find more interesting. Obviously, for the most part, I don't think too many people are sitting around going, yeah, you should spend $30 on lunch and not feel bad about it. I mean, that's what it costs to eat out nowadays.

Andrew (4:54)