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To: editor-surveyor

There is no doubt that food prices have gone up considerably, so these numbers (going by memeory here) are a little dated;

from 1970 through 2009, food costs, as a percentage of income, fell by 30%, from just over 14% of income to just under 9% of income.


32 posted on 09/04/2011 8:16:14 PM PDT by Balding_Eagle (Overproduction, one of the top five worries of the American Farmer each and every year..)
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To: Balding_Eagle

You won’t find a single falling food price in the US.

Lamb chops that used to cost $3.29 / pound in 2009 are now $8.99. That is almost triple.


33 posted on 09/04/2011 8:24:58 PM PDT by editor-surveyor (Sarah Palin - 2012 !)
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