Tuesday, August 2, 2011

HaywardEcon at CHS: Food Prices at Historical LOWS...Stop complaining and eat your Veggies!

I came across this blog entry rather randomly and decided to comment on Hayward's blog.  According to his graphs food prices in 2009 were 9.5% of disposable income while around 25% from 1930s to 1950s.  Just take a look at that graph - predictably it's an exponential fall-off.  It's worse than we had it 30 years ago?