Posted on Jul 17, 2021
Americans spend $1 trillion on food each year. The true cost is three times higher
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In 2019, Americans spent more than $1.1 trillion on food, a price tag that includes the costs of producing, processing, selling and buying.
But factoring in rising healthcare costs for food- and diet-related disease, environmental impacts and other so-called hidden costs connected to the nation’s food system, that figure rises to more than $3.2 trillion each year.
“Americans pay that cost even if consumers don’t see it at check-out, and, if we don’t change our food system, future generations will, too,” the introduction of a new report from the Rockefeller Foundation says.
But factoring in rising healthcare costs for food- and diet-related disease, environmental impacts and other so-called hidden costs connected to the nation’s food system, that figure rises to more than $3.2 trillion each year.
“Americans pay that cost even if consumers don’t see it at check-out, and, if we don’t change our food system, future generations will, too,” the introduction of a new report from the Rockefeller Foundation says.
Americans spend $1 trillion on food each year. The true cost is three times higher
Posted from independent.co.uk
Food/Chow
Health
Eating and Diet
Environment
Farming
Posted >1 y ago
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PO1 William "Chip" Nagel the food makes us sick and the health care insurance is too expensive to purchase to get health care for the GMO food problems.
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