There is an ongoing debate regarding how to interpret this. The most popular theory is that people with more education make more money. As they make more money, they buy better-quality hooch. For example, a bourbon drinker with a high school education who makes in the $40K range would buy Jim Beam, while a college grad making in the neighborhood of $60K buys Makers Mark. Similarly, wine drinkers with more education, and hence more disposable income, drink wine that comes in bottles rather than boxes.
Personally, I subscribe to a different explanation. IMO people with more education have higher expectations. However, those expectations are frequently mercilessly shattered when they meet cruel reality. Hence the following chart.
Regardless of which theory is correct, I find the Bureau of Labor's estimates of annual alcohol expenditure shockingly low. Just about everyone I know, regardless of educational level, is above average.
Way, way above average...
4 comments:
It's nice to be above average.
I must have some kind of super degree they don't know about because I put all those losers expenditures to shame. $700 a year, amatuers.
I spill more than $700 per year...
Um... yeah... :-)
Post a Comment