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Food and Drink Essential to sustain life; near the top of the hierarchy of needs |
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The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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Food Budget
For the average American family...
In the 1950's food was the largest budget item at 29.7%. In the 1960's it was 24.3% In the 1970's it dropped to 19.3% In the 1980's only 15% In the 1990's 13.8% In the 2000's a meager 13.1% How can that be, when it costs so much to go to the supermarket these days? Because the average income went from $4,287 to $50,302.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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