How Bags Of Oranges Costs More Than Coke
This is also why you’re fat. A graph of inflation-adjusted data from the Bureau of Labor Statistics shows how the prices of different food and beverages has changed over the past three decades. The price of crap food over the past 30 years has dropped. At the same time, the food you used to try to hide in your glass of milk has gotten steadily more expensive. No wonder the average man in his 60’s is 25 lbs heavier than he was in the late 70’s. Hey, govmnt, how about shifting some of those corn and soybean subsidies over to produce growers?
NYT:
Unhealthful foods, with the exceptions of cookies (the blue line), have gotten a lot cheaper. Relative to the price of everything else in the economy, sodas (the orange line) are 33 percent cheaper than they were in 1978. Butter (dark brown) is 29 percent cheaper. Beer (gray) is 15 percent cheaper.
Fish (the yellow line), by contrast, is 2 percent more expensive. Vegetables (purple) are 41 percent more expensive. Fruits (green) are 46 percent more expensive.
The price of oranges, to take one extreme example (not shown in the chart), has more than doubled, relative to everything else. So if in 1978, a bag of oranges cost the same as one big bottle of soda, today that bag costs the same as three big bottles of soda.
What’s Wrong With This Chart? [NYT Economix Blog]
PREVIOUSLY: Why A Salad Costs More Than A Big Mac
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