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The Economics of the Thrifty Food Plan

The Economics of the Thrifty Food Plan. Joseph Llobrera Gerald J. Friedman Fellow in Nutrition and Citizenship. How much does a nutritious diet cost?. What can $1 buy ?. Change In Actual Consumption Needed to Meet Dietary Recommendations. Increases Current Consumption Decreases.

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The Economics of the Thrifty Food Plan

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  1. The Economics ofthe Thrifty Food Plan Joseph Llobrera Gerald J. Friedman Fellow in Nutrition and Citizenship

  2. How much does a nutritious diet cost?

  3. What can $1 buy?

  4. Change In Actual Consumption Needed to Meet Dietary Recommendations Increases Current Consumption Decreases Fruits Vegetables Grains Meat & Beans Milk

  5. Change In Actual Consumption of Fats, Oils and Added Sugars Needed to Meet Dietary Recommendations Increases Current Consumption Decreases Solid fats Oils Added sugars

  6. The Thrifty Food Plan (TFP) • Federal government’s official estimate of a “thrifty” but nutritionally adequate food plan

  7. Maximum SNAP benefit

  8. USDA’s Thrifty Food Plan framework Choose a Plan: • Not too different from current consumption • Meets requirements for: • Cost • Broad food groups from MyPyramid • Nutrients

  9. How much does a nutritious diet cost? • Define “nutritious” • Determine how much difference from current consumption to become “nutritious” is tolerable

  10. Different definitions of “nutritious”

  11. What is the cost of a nutritious diet? • With large tolerance for difference from current consumption  official TFP cost • With more lenient nutrition standards focusing on nutrients  official TFP cost • With full set of nutrition standards and less tolerance for difference from current consumption greater than official TFP is required

  12. How much does a nutritious diet cost? Try it out for yourself! http://nutrition.tufts.edu/docs/pdf/fpan/TFPCalculator.xls Thank you!

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