When I was a kid in the 1960’s, milk was about one dollar a gallon and my Dad made $8,000 a year. Now he would be making over 80,000 a year and I paid $2.69 for a gallon in Costco the other day. Really.
8 years ago milk was about $3 and I made 50,000 this year it is about $3 and I made 170,000. Do you judge whether or not prices are based on your income?
Have you driven through farm country lately?
While farmers are living much, much better than they did just 10 or 15 years ago, their income doesn’t even begin to measure up to a comparable ‘in-the-city’ businessman’s.
That can be assessed from behind the windshield. examining farm income would confirm your initial assessment.