Are We Spending More or Less on Food? (Image)
A lot has changed since the 1950s, but are we spending more or less on groceries? This infographic provides some surprising insights.
While other household expenses have increased at about the same pace as income, food spending has decreased. In the 1950s, food accounted for nearly 30% of a household's expenses. But now, in the 2000s, it's only 13%!
As 11-year-old Birke Baehr said in this great video, "we can pay the farmer or we can pay the hospital."
Here you go: