Some Interesting News...
American households (either families or individuals) currently spend about 10% of their disposable personal income for food.
In about five weeks, a typical household earns enough income to buy their food for the year. However, it takes about 3-1/2 months to earn enough to pay their taxes for the year.
The percentage of personal income being spent on food has decreased considerably in the last 3 decades. Thirty years ago, people worked a month and 3 weeks to earn enough income to buy a year's food.
(Facts from the April 2006, issue of All Around Kentucky, which is the official publication of the Kentucky Farm Bureau Federation)
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