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brazil84 comments on Outside the Laboratory - Less Wrong
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Just based on my general observations, I would have to disagree. Just walking down the street in New York, there are lots of places where you can get a large slice of pizza for $1.00. That's about 8 minutes of work at the minimum wage. Back in 1985, I remember the minimum wage was $3.35 per hour, so 8 minutes of work would have been about 45 cents. I don't recall ever seeing a large slice of pizza for 45 cents back in the 80s.
Also, during the 80s, I remember spending about $5.00 for a typical deli lunch consisting of a turkey sandwich and a can of soda. Twenty-five years later, it costs about $6.00 and there are still places where you can get it for $5.00. Or less.
Besides that, EITC has increased the effective wage.
It also occurs to me that portion sizes have perhaps increased. If you a Google image search for "portion" "sizes" "over" "time," you get all kinds of charts making this claim. I wasn't around in the 1950s, but it does seem that, at a minimum, soda sizes have increased. I vaguely remember that it was common to get a 10 ounce bottle of soda 30 or 40 years ago. I haven't seen a 10 ounce bottle in years; it seems that 16 ounces is the standard single serving bottle size and 20 ounces is pretty common too.
Here's an article which seems to agree:
http://abcnews.go.com/WNT/story?id=129685
So if you look at things in terms of dollars per calorie, the decline in the price of prepared foods may very well be even more dramatic than it seems on the surface.