It's related to the concept of Mottainai (もったいない, 勿体無い) in Japanese culture. Where any waste is considered bad, specially related to food.
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In this concept, waste is viewed as a sign of affluence.
So ironically, the more one wastes the more "conservative" one is considered to be.
Pretty much the opposite of the Japanese concept of mottainai.
Seems pretty dumb. Maybe mostly a US thing?