No. of Recommendations: 1
I didn't realize it meant "lower standard of living, every year." So if I start out with steak and then "substitute" with chicken, does that mean that a few years later I substitute again, and again, and then again, at what point am I ending up with Alpo?

"Lower standard of living, every year" is exactly what is meant.

I don't mind substituting Beans & Rice, but I'd probably not enjoy meat by-products like Alpo or some other pet foods.

What do you "trade down to" if Beans & Rice becomes too expensive?

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