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It’s not really a straightforward comparison because those categories are discretionary to an extent. For example people in the US seem to eat out at restaurant
by zeroonetwothree 2y ago
It’s not really a straightforward comparison because those categories are discretionary to an extent. For example people in the US seem to eat out at restaurants far more than in other countries. That would certainly increase food spending but clearly it’s a choice people make to improve their life and doesn’t represent a defect in the economy.