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How Income Inequality Has Erased Your Chance to Drink the Great Wines (NYT alert)
New York Times ^ | October 22, 2020 | Eric Asimov

Posted on 10/23/2020 6:54:28 AM PDT by karpov

Among the many ways the rich are different from you and me: Only they can afford grand cru Burgundy.

That wasn’t always the case. In the 1990s, middle-class wine lovers could still afford to experience that rite of passage — drinking a truly great wine, not simply to enjoy it, but to understand what qualities made it exceptional in the eyes of history.

It might have been a splurge, perhaps requiring a few sacrifices. But it was feasible, just as it was possible to buy first-growth Bordeaux, or the top wines of Barolo, Brunello di Montalcino or Napa Valley cabernet sauvignon, to name a few other standard-bearers.

For example, back in 1994, a bottle of Comte Georges de Vogüé Musigny 1991, a grand cru, retailed for $80 (the equivalent of $141 in 2020, accounting for inflation). Today, that bottle costs about $800.

In a more extreme case, Domaine de la Romanée-Conti La Tâche 1990, another grand cru and one of the world’s great wines, cost $285 in 1993 ($513 in 2020, accounting for inflation). That’s no small sum then or now, but profoundly curious people might have found a way.

Today, a bottle of the 2017 La Tâche goes for about $5,000, well out of reach for dedicated students of wine, except for the most wealthy.

Plenty of other options exist: Village Burgundy rather than grand cru, or any of the many other great wines now being produced around the world. But these bottles, as good as they may be, have not been part of a conversation that has endured for centuries.

For wine lovers, drinking such renowned bottles would be the equivalent of a college course in Shakespeare, Beethoven or Charlie Parker.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: 1stworldproblems; envy; wine
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Envy is a deadly sin. I'm bothered by Soros spending millions to elect prosecutors who are on the side of criminals, not by Soros enjoying fancier food and drink than I do. As an NYT commenter wrote, "Do you think everyone should be able to have, say, a Lamborghini, too?".
1 posted on 10/23/2020 6:54:28 AM PDT by karpov
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To: karpov

The great Leftist deception is to hide that fact that “income inequality” is 100% a function of government, its size, its power, its desire for central planning and its corruption.


2 posted on 10/23/2020 6:58:08 AM PDT by PGR88
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To: PGR88

Not 100% — in a libertarian society there would still be much income inequality.


3 posted on 10/23/2020 7:00:06 AM PDT by karpov
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To: karpov

Democrats are evil scum.


4 posted on 10/23/2020 7:01:47 AM PDT by stinkerpot65 (Global warming is a Marxist lie.)
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To: karpov

Lucky for me that I don’t like wine and go for cheap beer.


5 posted on 10/23/2020 7:07:06 AM PDT by SoCal Pubbie
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To: karpov

I think they are confusing income inequality with supply and demand. Once all the hipsters wanted the fancy wine, the price went up. Funny how that works. They used to teach you that in school.


6 posted on 10/23/2020 7:08:13 AM PDT by bk1000 (Banned from Breitbart)
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To: karpov
Good thing I've stuck with ripple.


7 posted on 10/23/2020 7:09:48 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: SoCal Pubbie

I also am not a wine person, and go for the cheap beer. I can get a 12 pack of Mooshead for $11 at Kroger, and that’s all I need. Moosehead is very underrated by the way.

On the other hand, I doubt Nancy Pelousi has any trouble filling her wine cellar with the most expensive vintages. But she’s for the little guy, you know.

The ones the walls and gates keep out of her compound.


8 posted on 10/23/2020 7:11:12 AM PDT by henkster ("We can always fool the foreigner" - Chinese Proverb)
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To: bk1000

You misspelled “skool”.


9 posted on 10/23/2020 7:11:13 AM PDT by 17th Miss Regt
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To: karpov
this sounds more like pretentious wineries soaking those who can afford it than anything else
10 posted on 10/23/2020 7:14:22 AM PDT by Chode (Send bachelors and come heavily armed.)
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To: karpov
Income Inequality Has Erased Your Chance to Drink the Great Wines


11 posted on 10/23/2020 7:16:35 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: karpov
There is more great wine in the world now than there has ever been. If you can pay $50 a bottle, you can drink great wine. If you can afford that every day, you can drink great wine everyday of you life. The great French wines of Bordeaux and Burgundy have been priced out of hand by nouveau-riche Chinese and Arabs.who only know big names and labels and want to impress others, show off their wealth or use it as an investment.
12 posted on 10/23/2020 7:18:00 AM PDT by montaine
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To: karpov

People are rich. Get over it.


13 posted on 10/23/2020 7:19:38 AM PDT by Rurudyne (Standup Philosopher)
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To: henkster

Moosehead? Thanks too ritzy. I’m talking REALLY cheap beer. Pabst Blue Ribbon or Miller Highlife. A twelve pack is under ten bucks in my neck of the woods!


14 posted on 10/23/2020 7:22:04 AM PDT by SoCal Pubbie
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To: karpov
I'm not a wine aficionado, but even I can see some problems here:

For example, back in 1994, a bottle of Comte Georges de Vogüé Musigny 1991, a grand cru, retailed for $80 (the equivalent of $141 in 2020, accounting for inflation). Today, that bottle costs about $800.

1. It usually takes a few years to decide if a vintage is a great one or merely typical. Buy them when they're bottled and hope you've gotten a good one.

2. Wine is consumed, so there were many more bottles of the 1991 vintage around in 1994 than there are now 26 years later.

A Model T in original condition probably costs a lot more than the original $500, even adjusting for inflation.

A better comparison would be a 2017 vintage bottle of good wine.

But then I am the type of person who has trouble when the dinner bill gets much above $30 per person knowing that soon I will just have the memories and a trip to the bathroom. The step up in taste is very little. I would rather have a good steak today and another one tomorrow than a spectacular one today and a box of Kraft Mac & Cheese tomorrow.

15 posted on 10/23/2020 7:26:17 AM PDT by KarlInOhio (The greatest threat to world freedom is the Chinese Communist Party and Joe Biden is their puppet.)
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To: SoCal Pubbie

I think PBR’s advertising slogan should be “After three, who cares?”


16 posted on 10/23/2020 7:26:24 AM PDT by henkster ("We can always fool the foreigner" - Chinese Proverb)
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To: henkster

That’s how I feel about it.


17 posted on 10/23/2020 7:27:22 AM PDT by SoCal Pubbie
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To: karpov

Later today, we will be picking up our weekly grocery order from Walmart.

I will be buying 2 bottles of Gallo Pinot Gregio for my wife and my half gallon of Carlo Rossi Sangria for about $12 total.


18 posted on 10/23/2020 7:27:36 AM PDT by Grampa Dave (I would rather be killed by Covid than by Loneliness, at the end of my life! I'll be 82 in November!)
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To: SoCal Pubbie

Just discovered this. Best taste so far - Miller Lite & kosher dill spears.

https://www.delish.com/food-news/a33382200/putting-pickles-in-beer/


19 posted on 10/23/2020 7:28:22 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: Libloather

No way. Pickles make me barf.


20 posted on 10/23/2020 7:29:57 AM PDT by SoCal Pubbie
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