Just a reminder, your average factory worker today can buy a pound of butter with only 20 minutes of labor, compared to only 100 years ago and that same amount of food would have taken 3 hours of labor to earn.
@freemo Do you happen to know what the number was for say, 1975?
The average price for a pound of butter in 1975 was $1.025 cents.
The average gross hourly wage for a factory worker in 1975 was $4.81.
4.81/1.025=4.692 lb/hr
60/4.692=12.78 minutes to buy one pound of butter.
Sources:
Avg Wage (see chart 606): https://babel.hathitrust.org/cgi/pt?id=mdp.39015021301612&seq=406
Avg Prices:
https://babel.hathitrust.org/cgi/pt?id=mdp.39015008856711&seq=527
Though its important to note for reference in 1975 the work-related death rate was also 3x higher.
So you are 3x likely to die for a 40% increase in butter buying power :)