Exactly, this is Carter pt II, down to food prices, back then Beef was a luxury..a real luxury.
And another angle people miss on this is the prevalence of food stamp usage means the working are essentially paying a Food Tax.
Better start the seed packages now.
http://scottystarnes.wordpress.com/2011/01/05/world-food-prices-soar-sugar-and-meat-at-record-costs/
Just yesterday, I watched a 300 pounder use her EBT card to buy a large fountain drink and a kingsize candy bar.
Afterward, she counted change to buy 2 packs of cigarettes.
The place was crowded so I didn't, but I just about blew a gasket.