That depends on what you want to call a "food safety inspection"
The U.S. Food & Drug Administration conducts many kinds of inspections. And they conveniently provide a publicly available — and searchable — database of their inspections.
FDA Inspection Classification Database Search
Under "Center for Food Safety and Applied Nutrition" we find the following classifications:
- Project 03 - Foodborne Biological Hazards
- Project 04 - Pesticides and Chemical Contaminants
- Project 07 - Molecular Biology and Natural Toxins
- Project 09 - Food and Color Additives Petition Review
- Project 18 - Technical Assistance: Food and Cosmetics
- Project 21 - Food Composition, Standards, Labeling and Econ
- Project 29 - Colors and Cosmetics Technology
You can play around with that database and do queries on your own. I tried entering 2017-11-30 to 2018-11-29, selecting projects 03, 04, 09, and 21 (Ctrl + left-click to select multiple), classification "All", District "All", State "All", and I got 8,672 results.
Which one(s) of these you want to call "food safety inspection" is up to you. And even more interesting to know is what was classified as a "food safety inspection" in the 1970's. Until we know what constituted a "food safety inspection" in the 1970's, and we can map those onto these categories, any kind of comparison is impossible and your question is unanswerable.
Even more interesting to know is if you want to call any decrease of these kinds of inspections a failure or a success. Nipping dangers in the bud — so that the need for inspections decreases — is commonly considered a good thing.
Summary
For the time being your question has the answer "undetermined" or "unanswerable".
This is because we do not know what "Food Inc" means when they say "food safety inspection". We also do not know if any change in the number of such inspections is a good or a bad thing. The makers of Food Inc seem to imply that it is a bad thing, but if so that is their opinion and not an established fact.