Lots in the media currently about the price of food and family budget of working Australians. This is due to the release of the 1st Australian budget by the Rudd government.

I guess that our journalists needed to write about something because the budget release was pretty uneventful, all the info had been leaked to the media and we’d all heard it before Wayne Swann tabled it in parliment.

During my internet surfing/reading I came across this NY Times article

One country’s table scraps another country’s meal

Something we all know we do in our modern society- waste food that is - but it’s truely staggering when you see figures like 27% of all consumable food is wasted in the US.

The most interesting thing in the article for me was the graph on the second page highlighting what share the cost of food takes of personal disposable income. Even though it refers to US figures I wouldnt doubt that Australia has a similar looking graph.

Also interesting is that medical costs are taking the a largest share these days, I’m not surprised but I doubt we’re any healthier than we were in the 50’s.

Too bad there wasnt an electronic gadgets line on the graph I would like to know how much of the personal disposable income is taken up on plasmas.