As a Share of Income, Americans Have the Most Affordable Food in World & It’s Never Been Better
24th February 2011
As much as Americans might complain about rising food prices in the U.S. (even though annual CPI food inflation hasn’t been above 2% for almost two years), we’ve got the most affordable food on the planet as a share of income (see chart above). And compared to previous years, today’s Americans have the most affordable food in U.S. history (see chart below).
February 24th, 2011 at 12:55
And the Chinese farmers thank you for the jobs Obama gave to China when he arbitrarily shut off the fresh water to the thousands of farms in the San Joaquin valley and he is dumping that fresh water into the sea. Why? I guess Obama loves the Chinese farmers more than he tolerates USA farmers. So what if you pay higher prices to foreigners to grow our food? Do you imagine Obama cares about USA workers (that aren’t in unioin protected jobs that are propped up with government dollars)