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Psaki Blames Meat Industry's 'Corporate Greed' for Soaring Food Prices

Biden's White House press secretary blames 'the greed of meat conglomerates'

 on 15th December 2021 @ 9.00pm
jen psaki claims  greedy meat conglomerates  are to blame  not joe biden © press
Jen Psaki claims 'greedy meat conglomerates' are to blame, not Joe Biden

As the cost of everyday items continues to rise amid soaring inflation in Democrat Joe Biden's economy, White House Press Secretary Jen Psaki claims the meat industry's "corporate greed" is to blame for skyrocketing food prices.

Over the past year, the price index for meats, poultry, fish, and eggs has swelled 12.8 percent.

The increase is even more pronounced for certain products, however.

The price of beef has rocketed in price by 20.9 percent since December 2020, according to Department of Labor data.

Yet Psaki is passing the blame onto “meat conglomerates.”

The Biden admin official claims that meat companies are taking advantage of the pandemic to gouge consumers at the grocery aisle.

the biden administration is putting blame for rising prices onto  the greed of meat conglomerates © press
The Biden administration is putting blame for rising prices onto 'the greed of meat conglomerates'

However, it was Psaki who was gouged online with widespread mockery and ridicule over her claims.

Psaki made the comments at Tuesday's White House media briefing when a reporter asked her if Joe Biden agreed with progressive groups who blame "corporate greed" for soaring inflation.

"I think the president thinks the way people across the country, American families, digest inflation is by price increases," Psaki responded.

"And if you look at industry to industry, it's a little different.

"So for example, the president, and the secretary of agriculture, had both spoken to what we've seen as the greed of meat conglomerates.

"That is an area when people go to the grocery store and they're trying to buy a pound of meat, two pounds of meat, ten pounds of meat, uh, it is, the prices are higher.

"That is, in his view, and the view of the secretary of agriculture, you could call it corporate greed, sure, you could call it jacking up prices, uh, during a pandemic," she continued.

"There are other areas where we've seen increases because of supply chain issues, and we're seeing those increases around the world, as it relates to gas prices, oil supply and things along those lines.

"So, I would say there are areas where we have seen corporations benefit, profit, from the pandemic and certainly the president would agree with that component," she added.

"I don't know the full context of all those remarks."

WATCH:

Many critics mocked the attempt to blame "the greed of meat conglomerates" for inflation that polls show Americans blame on the high spending policies of the Democrats.

"This is the evil brilliance of the plan, you see," mocked Charles C.W. Cooke of National Review.

"They waited until we had a period of generalized inflation, and then they struck without mercy."

"High oil prices? Greedy oil conglomerates," replied Ben Shapiro.

"High meat prices? Greedy meat conglomerates.

"High labor costs? Altruistic labor unions and generous, kindly government."

"This is economically illiterate," responded Jonah Goldberg of the Dispatch.

"You know how one of these 'greedy' Big Meat conglomerates could make a lot of money?

"By undercutting the competition by selling at lower prices.

"They can't do that because they can't afford it.

"Unless she's charging illegal price-fixing."

"It’s amazing how this 'greed of meat conglomerates' didn’t exist at this level until Joe Biden took office and inflation shot up," tweeted Buck Sexton.

"Weird coincidence."

"Open the Strategic Meat Reserves!" joked Jon Gabriel of Ricochet Media.

the biden admin is refusing to accept any responsibility for joe biden s failed economic policies © press
The Biden admin is refusing to accept any responsibility for Joe Biden's failed economic policies

Also on Tuesday, Psaki said that she didn't know any American who was actually concerned about the rise in the debt ceiling to accommodate Democratic budgetary spending.

[RELATED] JPMorgan Chase CEO Warns America: Prepare for 'Catastrophic' U.S Credit Default

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tags: Joe Biden | economy
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