When growing up in the Buzzy household, I can list on one hand the number of times that we ate out in a restaurant as a family. Buzzy was always working in the Store. However, even if he was not working in the Store, he wasn’t going to spend the money for all of us to dine out anyway. (Remember too, that this was before fast i.e. cheap food fare options.)
Later, when we were grown up, we would occasionally all get together as a family to celebrate a special event and Buzzy would pick up the tab. Whenever we did so however, one of my sisters would always order lobster. As she gave the waitress her order, I’d slip a look at Buzzy and watch him cringe knowing that his bill had just been padded with a double digit hit. Needless to say we didn’t dine out much as a family back then neither.
I mention this because I read an article that discusses how lobster supplies are so plentiful that prices are going down. However, despite this tumble in the price of lobster, restaurants continue charge a lot for it. Excerpt from article:
“Where you won’t find much evidence of a lobster glut, though, is in American restaurants. Even as the wholesale price of lobster has collapsed, restaurant prices for lobster tails and that hipster favorite the high-end lobster roll have stayed buoyant. There’s more lobster out there right now than anyone knows what to do with, but we’re still paying for it as if it were a rare delicacy.”
Here’s a Bloomberg video that has more to say about what’s up with the lobster market.