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And here are the actual data
White bread 
per pound
1977: $0.405
2019: $1.333
Incr: 229.1%
Median personal income 
, age 25-34
1977: $9,336
2017: $35,455
Incr: 279.8%
So rather than being 6x as expensive (!), is ~15% cheaper relative to income
And see my SOURCES belowhttps://twitter.com/jmhorp/status/1125213210590814214 …
Table 13: https://www.ers.usda.gov/webdocs/publications/41035/15334_aer780h_1_.pdf … 2017 average (not it is even cheaper in 2019!): https://data.bls.gov/timeseries/APU0000702111 … https://www2.census.gov/programs-surveys/cps/tables/time-series/historical-income-people/p10ar.xls …
Never mind, of course, that the 25-34 age group is a weird one to choose. A lot more of them are in college now than 1977, so they have less income right now, but will eventually be much better off E.g., median personal income for ALL AGES is up 394.4% since 1977
And when all of the "now do _______" takes start rolling in, please see my extra spicy hot take from last week!https://twitter.com/jmhorp/status/1123625262061637639 …
My new standard response to "now do ________" will be "no YOU do it first, and then I will correct your errors"
The weirdest responses to this are "where do you get white bread for $1.33, I pay like $7?" The answer: Kroger! (And note this is 1.25 pounds, so close to 70 cents per pound)pic.twitter.com/yH9HH1pU1g
The original Tweet has finally been deletedhttps://twitter.com/jmhorp/status/1214662635075100672 …
I sympathize in spirit, but IMO the larger pattern is driven primarily by more fundamental differences in potential for productivity gains (Baumol's cost disease), save perhaps for housing.pic.twitter.com/9NUwyGFOkp
Whoops, 2019 was a typo. It is indeed 2017 data (just typed the year wrong)
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