It may not feel that way when you shop at Whole Foods, but it is when you compare today’s food prices to historical ones.
How little we pay for food helps explain the lack of reluctance to waste it, i.e.
that more than 40 percent of all food produced in the US is thrown away.
If you're trying to limit the amount of sugar you eat, then you need to learn the other names for sugar on food labels.
Sugar comes in so many forms and goes by so many names that looking for sugar on a label can feel like finding a needle in a haystack!
Fortunately, with a little bit of knowledge you'll quickly become an expert at recognizing sugar on food labels and avoid having your health and weight loss efforts sabotaged.
It now sits at 9.9 percent, after descending from 23.5 percent in 1947.
My parents, avid antiquers, gave me a 1934 insurance company brochure called .
In it, the Metropolitan Life Insurance Compnay advises that “Most families need to spend from one-quarter to one-third of their income for food.” This seems to make sense, as the USDA numbers from 1933 list the average food expenditure as 25.2 percent. Food prices aren’t actually decreasing, they’re staying relatively stable. This relationship between income and price is instructive. The US spends just 6.5 percent of its household budget on food.
The amount of your income that an item costs seems like a better indication of its value than the price. The number of the second place nation, Great Britain, is 40 percent higher than America’s.
American food is also cheap compared to that in other countries. While this chart uses a different measure–percent of our household consumption budget used on food–the message is the same. Food in industrialized, Western nations seems to have less value (as it relates to income).
Looking abroad, My (new) friends at the USDA’s Economic Research Service have compared U. Bringing up the rear, Azerbaijan clocks in at a staggering 76.8 percent.