Detailed text transcripts for TV channel - MSNBC - 20110310:21:46:00
In a restaurant we think about that all the time. i opened a restaurant two months ago, crab cakes were $11. now they are $14. sometimes you can think about it just where you are and how it affects your food prices. >> it is interesting because people, we talk about the price of a lot of things, the price of houses, cars, clothes, it is a lovely vest, by the way. >> thank you. >> that probably costs more. is there cotton in there? >> i would call it fake. >> but the difference with the price of food is obvious. >> yes, it is. and you know, in america, for example, we spend about 16% or 17% of ...