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.”
Jen Psaki blames increases in meat prices on "the greed of meat conglomerates." pic.twitter.com/NlSXwIcUTP
— Townhall.com (@townhallcom) December 14, 2021
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.
Psaki is blaming price increases on meat…on corporate greed, not inflation.
— Katie Pavlich (@KatiePavlich) December 14, 2021
Prices hit 39-year high as inflation rises 6.8%.
The Bureau of Labor Statistic,
Jen Psaki “Corporate greed”
The Bureau of Lies and Propaganda, pic.twitter.com/l3OyqKJX1c
— Robert.N (@Rob_Noorollah) December 14, 2021
Big Meat has to be taken down. Long overdue. https://t.co/BebvD2bMdM
— Stephen L. Miller (@redsteeze) December 14, 2021
Always play the victim — watch as Jen Psaki endorses the argument that “corporate greed” is why things are more expensive with oil, gas, and meat companies purposefully making life difficult for the American people. pic.twitter.com/16nPA4sK3t
— Curtis Houck (@CurtisHouck) December 14, 2021
https://t.co/cay7YnIBIQ I thought it was Covid. Now. How can they turn it into a Race thing?
— Noodles (@demsbgone) December 15, 2021
Blaming price increases on meat and corporate greed is Psaki’s fantasy and not reality! Actually, it is Psaki propaganda to protect her dysfunctional Boss https://t.co/JFfwuPMZ7c
— Jack Bones (@JackBones10) December 14, 2021
https://t.co/wqE9LEtPKg https://t.co/klJe2kfxVf There is plenty of competition in the meat industry despite the White House lies. There is 1 futures contracts market for cattle in Canada/US. It is the Chicago Mercantile Exchange (CME). It is an auction for cattle prices.
— Alan Tomalty (@ATomalty) December 15, 2021
NOT TRUMP?? C’mon Jen, stay on script. You’ve been telling the lie long enough to be able to do it right!
— The Lion says (@danmadio) December 15, 2021
WHAT A DUMBASS! IF YOU ARE THIS STUPID YOU SHOULDN’T SAY ANYTHING!
— Greg Hull (@spfxdog) December 15, 2021
Soooooo there was no corporate greed when Trump was president? Why when a democrat becomes president does corporate greed increase? Your Psaki logic sounds a bit off to me.
— (@DavidEllisTN) December 14, 2021
— Dr. Ricardo (Pro-Representative Republic) Harambe (@Richard_Harambe) December 14, 2021
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.
DONATE TO AMERICAN WIRE
If you are fed up with letting radical big tech execs, phony fact-checkers, tyrannical liberals and a lying mainstream media have unprecedented power over your news please consider making a donation to American Wire News to help us fight them.
We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.