| wilma6116@gmail.com: Mar 22 02:52PM -0700 > Lobster and the other typical seafood was never cheap and poor > people's food in the 60's. I live at the shore, I know. I don't know if you lived at the shore, nor do I know about your memory. But I do know that I have the internet. To begin- the wholesale price of lobster is better than $8/lb (look it up). In 1961 the wholesale price of lobster was $0.53/lb. That can be found on page 24 of this document: http://digitalcommons.library.umaine.edu/cgi/viewcontent.cgi?article=1073&context=fisheries Inflation figured in, $0.53 in 1961 is equal to about $4 today. Using: http://www.dollartimes.com/inflation/inflation.php?amount=300&year=1961 Conclusion: Lobster was easily half the price in 1961 as it is today. And that is wholesale. Today there are many more middlemen and the people in N.E. are competing against a world market to put lobsters on the plates of starving children of Portland. |
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