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by robryan 5381 days ago
At a most basic level over the period relative wages for the poor haven't moved a lot but the absolute basics such as food and clothing prices have come down a heap.
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What proportion of a person's wage does he spend on e.g. entertainment vs. food and clothing now compared to 40 years ago?
Food 2009: 13% of total expenditure, compared to 15% in 1984

http://www.bls.gov/cex/csxstnd.htm#1984