Surprisingly, Individuals spend less on meals than the majority of their counterparts in developed countries. Though less is spent all around, more is being spent on unhealthy foods and sweets than on more nutritious fare.
Low expenditures comparatively
In contrast to other developed nations, Individuals spend less cash on food annually. Still, the average American income is $50,000 per year, and that is not quite enough money to look after a typical family of four with pets.
According to Mother Jones, out of the $32,051 in annual outlays from the average home in 2009, 6 percent was for food. According to the Bureau of Labor Statistics, the typical household spent $6,372 on food that year. Of that, $3,753 was food for the home and $2,619 was from home. However, the typical British family spent 9 percent of their income on food that year; the French spent 14 percent.
Largely, according to a recent article by NPR, it has to do with the cost of food in America steadily decreasing over the past 30 years.
Michelle's thoughts
Recent Bureau of Labor Statistics data indicates annual household expenditures on food have ticked up to around 8 percent of annual outlays. However, that is drastically less than the typical household in 1982, when food spending was closer to 13 percent.
Food costs have actually dropped a lot in that time. In fact, no meats went up in price. Steak costs dropped from $7 a pound to $4.90 a pound from 1982 to 2012. Grapefruit costs increased 6.5 percent and bell pepper prices increased 34 percent. Other than that, no other vegetables and fruit increased in price.
Michelle Obama's complaints about child food health are totally justified when you consider the percentage of what individuals used on different foods. From 1982 to 2012, there were many changes in the amount spent on food. For instance, Fruits and vegetables went from 14.5 percent to 14.6 percent, staying relatively the same. Meats decreased from 31.3 percent to 21.5 percent. The worst part is that processed foods and sweets increased from 11.6 percent to 22.9 percent.
Thanks to subsidies
Mother Jones explained that the agriculture subsidies have helped produce more food making prices go down. In fact, the amount of corn produced produced from 1995 to 2010 in America increased from 4 billion bushels a year to 12 billion bushels. In that same time frame, $261.9 billion in subsidies have been given out.
The price of meat went up 8 percent in 2011, and the price of grain doubled. This just shows that costs are beginning to go up, according to Forbes.
Having low costs does not help the farmer, according to the Daily Green. About 15.8 percent of the cost of an item sold will go back to the entity that produced it, according to the Department of Agriculture, which is why subsidies are needed.
Low expenditures comparatively
In contrast to other developed nations, Individuals spend less cash on food annually. Still, the average American income is $50,000 per year, and that is not quite enough money to look after a typical family of four with pets.
According to Mother Jones, out of the $32,051 in annual outlays from the average home in 2009, 6 percent was for food. According to the Bureau of Labor Statistics, the typical household spent $6,372 on food that year. Of that, $3,753 was food for the home and $2,619 was from home. However, the typical British family spent 9 percent of their income on food that year; the French spent 14 percent.
Largely, according to a recent article by NPR, it has to do with the cost of food in America steadily decreasing over the past 30 years.
Michelle's thoughts
Recent Bureau of Labor Statistics data indicates annual household expenditures on food have ticked up to around 8 percent of annual outlays. However, that is drastically less than the typical household in 1982, when food spending was closer to 13 percent.
Food costs have actually dropped a lot in that time. In fact, no meats went up in price. Steak costs dropped from $7 a pound to $4.90 a pound from 1982 to 2012. Grapefruit costs increased 6.5 percent and bell pepper prices increased 34 percent. Other than that, no other vegetables and fruit increased in price.
Michelle Obama's complaints about child food health are totally justified when you consider the percentage of what individuals used on different foods. From 1982 to 2012, there were many changes in the amount spent on food. For instance, Fruits and vegetables went from 14.5 percent to 14.6 percent, staying relatively the same. Meats decreased from 31.3 percent to 21.5 percent. The worst part is that processed foods and sweets increased from 11.6 percent to 22.9 percent.
Thanks to subsidies
Mother Jones explained that the agriculture subsidies have helped produce more food making prices go down. In fact, the amount of corn produced produced from 1995 to 2010 in America increased from 4 billion bushels a year to 12 billion bushels. In that same time frame, $261.9 billion in subsidies have been given out.
The price of meat went up 8 percent in 2011, and the price of grain doubled. This just shows that costs are beginning to go up, according to Forbes.
Having low costs does not help the farmer, according to the Daily Green. About 15.8 percent of the cost of an item sold will go back to the entity that produced it, according to the Department of Agriculture, which is why subsidies are needed.
No comments:
Post a Comment