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The article begins:
Why, one may wonder, is the Department of Justice launching an antitrust investigation against some of U.S. food system's major players at a time when Americans are enjoying a widening array of food choices and spending less and less of their disposable income to do so?
The article has all the depth of a mirror - merely reflecting another person's thoughts. The argument is simple, everyone is getting cheap food. However, there is cause for concern about the powerful, even if the food is nearly free.
But, as an academic, the writer fails intellectually. Food may appear to be cheap but, that is only so when you look at the average income. People do not generally receive average income (see above table by Saez).
Food at retail is rising virtually at the same rate as everything. If your income is at the top 1% level life is good. For most workers, including farmers, life continues to be a struggle.
I would worry if I had a child receiving part of an education from Sykuta.
Michael Sykuta is an associate professor in the College of Agriculture, Food and Natural Resources at the University of Missouri at Columbia and director of the Contracting and Organizations Research Institute. Readers may write to him at University of Missouri, 135 Mumford Hall, Columbia, Mo. 65211-6200 or e-mail him at sykutam@missouri,edu.