Quote:
Originally Posted by jamesqf
Someone's claiming that a Big Mac is food?
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My thoughts exactly.
Quote:
Originally Posted by USDA
The all-food CPI increased 1.8 percent between 2008 and 2009. Food-at-home prices increased by 0.5 percent—the lowest annual increase since 1967—with dairy prices declining 6.4 percent and fresh produce prices dropping 4.6 percent, while food-away-from-home prices rose 3.5 percent in 2009.
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Food prices for 1992-2008 increased less than 5% per year, and generally kept pace with inflation.
Nope, food's not more expensive.
Britons managing to survive despite $7/gal gasoline is proof that $5/gal won't doom us. I'm occasionally skeptical that it'll even change us. Here we are at $3/gal, and people are still out there buying pickup trucks and six cylinder cars to drive twenty miles to work each day. Sure, we're using less gas than we did in 2007, but we're still very wasteful.