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In bizarre twist, Psaki blames rising food prices on ‘greed of meat conglomerates’

December 15, 2021 | | Print Article

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White House press secretary Jen Psaki continued the trend of the Biden administration taking no responsibility at all for historically high inflation on Tuesday when she bizarrely claimed that “greed” from “meat conglomerates” was driving up food prices.

“I think the president thinks the way people across the country, American families, digest inflation is by price increases,” Psaki began in response to a question about whether President Biden agrees with some left-wing groups who have blamed corporate greed for price hikes.

“And if you look at industry to industry, it’s a little different,” she continued. “So for example the president, the secretary of agriculture, have both spoken to what we’ve seen as the greed of meat conglomerates. That is an area where 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, it is..uh…the prices are higher.”

She added: “That is, in [Biden’s] view, and the view of our secretary of agriculture, because of, you could call it corporate greed sure. You can call it jacking up prices during a pandemic.”

Psaki went on to say as well that “supply chain issues” — which Biden vowed to fix months ago — are contributing factors to price increases as well.

But, she added, “I would say there’s some areas where we have seen, uh, corporations, uh, benefit, profit from the pandemic, and certainly the president would agree with that component.”

Psaki’s passing of the buck was blasted on social media.

The Consumer Price Index rose 6.2 percent in October and 6.8 percent in November, according to the Labor Department, the latter figure the highest year-over-year increase since 1982.

Economists differ on the reason for runaway inflation, but many see massive Democrat-led government spending as the biggest culprit.

“This painful inflation is largely a result of President Biden and congressional Democrats’ trillions of dollars in reckless spending that devalues the currency,” Alfredo Ortiz, president and CEO of the Job Creators Network,” wrote last month at RealClearPolitics.

After passing a $1.9 trillion COVID relief package earlier this year and a $1.2 trillion infrastructure bill in November, “now Biden and congressional Democrats want to spend another $4 trillion on their Build Back Broke plan that threatens to turn this historically high inflation hyper,” Ortiz added.

On Tuesday, a report noted that just-released research from the Bank of America concluded that Biden’s “Build Back Better” plan would worsen inflation, though the financial institution’s report also concluded the spending contained in the package would be worth it.

Jon Dougherty
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