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Can't even afford to be an alcoholic to forget about your money problems anymore in this economy
Unironically. Half the appeal of booze has historically been that its cheap.
I kinda wonder how much of the decline of high school/college drinking has to do with sticker shock.
Yep, it's very easy and cheap to produce alcohol, the only reason it's expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
Margins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade.
Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%.
The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.
I mean I'm 20, when I have parties with friends (all my age/1-2y younger) we just split the costs. 5€ each max. And we all have a good time (or throw up, because some of my friends aren't very aware of their limits lol)
Its so expensive to go out now in any city, have to pregame for anything, not spending 30$ on a shot