Graphs of the Day: Food and Clothes Have Never Been More Affordable in U.S.

By Derek Thompson

Unemployment is stuck at nine percent, the Middle East is falling apart (or violently putting itself together), and food and gas prices are soaring. On the bright side, feeding and clothing ourselves has never been more affordable in U.S. history, as we find increasingly efficient ways to grow, sew and trade. Got to admit, it's getting better...


(That said, given the increasingly unequal returns of disposable income in the last 40 years, I wonder how these graphs would look if the Y-axis referred only the bottom 40% of income earners.) Read the full story at Matt Yglesias' blog.

This article available online at:

http://www.theatlantic.com/business/archive/2011/02/graphs-of-the-day-food-and-clothes-have-never-been-more-affordable-in-us/71656/