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by hinkley 966 days ago
"Ever before"? Those charts only go back to 1997, which is probably about when food was (inflation adjusted) at an all-time low price.

The United States is almost 250 years old. "Ever" and you only looked at 30 years is some first-rate hand-wringing bullshit.

What this article really says is that we are spending more money on food not prepared at home, and food not prepared at home is more expensive, duh.

2 comments

If you look at real personal expenditures on food overall it's lower than a year ago, slightly higher than 2019

https://fred.stlouisfed.org/series/DFXARX1M020SBEA

yeah, I was thinking there is absolutely 0 chance, as a percentage of household income, that people werent spending more more money on food in 1820 than now.