Individuals have it good, in a way, in that we spend less than many other first-world countries on food, which is fairly important. Granted, farming subsidies do have a good bit to do with it. However, we have also been investing more on processed foods than almost any other type of food item.
Spending less
The typical family of four with pets will find it difficult to get by with a $50,000 a year income, and that is the average in the country. There is good news. Compared to other developed countries, we are actually spending a lot less on food.
In contrast to other countries, the United States is not looking too bad since the typical British family spends 9 percent of the yearly outlay on food and the typical French family will spend 14 percent. Mother Jones points out that Individuals only spent six percent of the $32,051 annual outlay for 2009. That adds up to $6,372 total on food for the year: $3,753 for food in the home and $2,619 for food away from the home.
The cost of food in America decreasing for the past 30 years is the most important reason, according to the NPR article.
Listen to Michelle
Data from the Bureau of Labor Statistics showed that now, about 8 percent of annual outlays is spent on food. That is much better than the 13 percent we saw in the average household in 1982 though.
During that time, the cost of most food groups has decreased; in some cases drastically. For instance, the cost of steak has dropped 30 percent, from $7 per pound in 1982 to $4.90 per pound in 2012. No meats have gone up in price. Only one fruit and one vegetable increased in price in that time, those being grapefruit and bell peppers, the costs of which increased by 6.5 percent and 34 percent, respectively.
Michelle Obama's grievances about child food health are entirely justified when you consider the percentage of what people spent on different foods. From 1982 to 2012, there were many changes in the amount spent on food. For example, Vegetables and fruit went from 14.5 percent to 14.6 percent, staying relatively the same. Meats dropped 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
From 1995 to 2010, the agriculture industry has received $261.9 billion in subsidies. The amount of corn produced produced in America increased from 4 billion bushels to 12 billion bushels in that time. This is part of why we are paying less for groceries, according to Mother Jones.
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.
Spending less
The typical family of four with pets will find it difficult to get by with a $50,000 a year income, and that is the average in the country. There is good news. Compared to other developed countries, we are actually spending a lot less on food.
In contrast to other countries, the United States is not looking too bad since the typical British family spends 9 percent of the yearly outlay on food and the typical French family will spend 14 percent. Mother Jones points out that Individuals only spent six percent of the $32,051 annual outlay for 2009. That adds up to $6,372 total on food for the year: $3,753 for food in the home and $2,619 for food away from the home.
The cost of food in America decreasing for the past 30 years is the most important reason, according to the NPR article.
Listen to Michelle
Data from the Bureau of Labor Statistics showed that now, about 8 percent of annual outlays is spent on food. That is much better than the 13 percent we saw in the average household in 1982 though.
During that time, the cost of most food groups has decreased; in some cases drastically. For instance, the cost of steak has dropped 30 percent, from $7 per pound in 1982 to $4.90 per pound in 2012. No meats have gone up in price. Only one fruit and one vegetable increased in price in that time, those being grapefruit and bell peppers, the costs of which increased by 6.5 percent and 34 percent, respectively.
Michelle Obama's grievances about child food health are entirely justified when you consider the percentage of what people spent on different foods. From 1982 to 2012, there were many changes in the amount spent on food. For example, Vegetables and fruit went from 14.5 percent to 14.6 percent, staying relatively the same. Meats dropped 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
From 1995 to 2010, the agriculture industry has received $261.9 billion in subsidies. The amount of corn produced produced in America increased from 4 billion bushels to 12 billion bushels in that time. This is part of why we are paying less for groceries, according to Mother Jones.
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.
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