You can adjust the price of food for inflation but what
about income? That’s where the gap is. The cost of food
can rise right along with inflation but income always lags.
I think that that is the reason they are pushing for a higher
minimum wage as they try to inflate ourselves out of debt.
By raising the minimum wage you adjust the income at the
bottom for inflation which puts the burden and outright
theft on business and peoples retirement and any other
monetary assets.
As far as I can tell the price of beef is up because of
drought, lower than average steer weight.
My bad if I ran w/ too many buzzwords, but up at post #1 my link to real percapita income was the idea that "real" means adjusting for inflation just like we adjusted the price of food for inflation. Also population was covered by "percapita" = per person. Here's the average inflation-corrected American income per person that I linked--
--it's doubled in 30 years. That's why I said it takes half as long to work to feed ourselves now than it did for our parents.