Sunday, April 17, 2016

American food is cheap

“The average American spends less than 7% of his income on food, compared to 40% or more in non-industrialized countries. Even among Americans, this is down more than half just in the last 50 years.”

http://thefederalist.com/2016/04/14/a-hippie-discovers-economics-and-youll-never-guess-what-happens-next/

(The column springs from a Facebook remark about how wonderful the Urth would be if everybody grew different fruits and veggies and just traded with each other.)

That 7% figure is from USDA.

http://theweek.com/articles/446652/why-americans-spend-less-income-food-than-other-country


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