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The Yield Famine, Continued

Tuesday, October 9, 2012 - 6:38 PM
by Scott Burns

Food is one of the great bargains in America.

According to recent Department of Agriculture figures, a family of two over age 50 can be well-fed spending $158.40 a week for food at home. Pinch a bit and the USDA “moderate cost” plan gets it down to $131.60. Squeeze still more and the bill will shrink to $106.30 for the “low-cost” plan and $82.40 for the “thrifty” plan.

In spite of all that, it is becoming more and more difficult for retirees to afford to buy food from their savings. Actually, that’s a gigantic understatement. If you were trying to buy food from the interest paid on your savings accounts, you would have to be rich. Not top 1 percent rich, but pretty close.

http://assetbuilder.com/scott_bur...e_continue
2
ShorebreakShorebreak2,621 posts since
Apr 6, 2010
Rep Points: 14,205
1. Tuesday, October 9, 2012 - 7:55 PM
Sorry, this was already posted by pearlbrown on Wednesday, October 3, 2012 - 8:11 AM.
1
ShorebreakShorebreak2,621 posts since
Apr 6, 2010
Rep Points: 14,205
2. Wednesday, October 10, 2012 - 12:02 PM
Sorry, this was already posted by pearlbrown on Wednesday, October 3, 2012 - 8:11 AM.


That's OK, no one's perfect........but me.
4
MR_PerfectMR_Perfect1 posts since
Oct 10, 2012
Rep Points: 4
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