{"id":1119370,"date":"2021-12-14T19:44:42","date_gmt":"2021-12-15T00:44:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1119370"},"modified":"2021-12-14T19:44:44","modified_gmt":"2021-12-15T00:44:44","slug":"corporate-greed-psaki-blames-big-meat-for-soaring-food-prices","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/corporate-greed-psaki-blames-big-meat-for-soaring-food-prices\/","title":{"rendered":"\u2018Corporate Greed\u2019: Psaki Blames Big Meat For Soaring Food Prices"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcorporate-greed-psaki-blames-big-meat-for-soaring-food-prices%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1119370&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>White House Press Secretary Jen Psaki blamed corporate greed on Tuesday when asked about the cause of soaring meat prices in the United States.<\/p>\n<p>The price index for meats, poultry, fish, and eggs has swelled 12.8% over the past year. For certain products, the increase is even more pronounced. The price of beef has soared in price 20.9% since December 2020, according to Department of Labor <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\">data<\/a>.<\/p>\n<p>Psaki passed the blame onto \u201cmeat conglomerates\u201d that are taking advantage of the pandemic to gouge consumers at the grocery aisle. Psaki said:<\/p>\n<p><em>The president thinks the way people across the country, American families, digest inflation is by price increases and if you look at industry to industry, it\u2019s a little different. So, for example, the president, the secretary of Agriculture have both spoken to what we\u2019ve seen as the greed of meat conglomerates. That is an area where when people go to the grocery store [and] are trying to buy a pound of meat, two pounds of meat, ten pounds of meat, the prices are higher. That is, in his view and the view of our secretary of Agriculture, because of, you could call it corporate greed, sure. You could call it jacking up prices during a pandemic. There are other areas where we\u2019ve seen increases because of supply chain issues, and we\u2019re 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 some areas where we have seen corporations benefit, profit from the pandemic, and certainly the president would agree with that component.<\/em><\/p>\n<p lang=\"en\" dir=\"ltr\">Jen Psaki blames increases in meat prices on &#8220;the greed of meat conglomerates.&#8221; <a href=\"https:\/\/t.co\/NlSXwIcUTP\">pic.twitter.com\/NlSXwIcUTP<\/a><\/p>\n<p>\u2014 Townhall.com (@townhallcom) <a href=\"https:\/\/twitter.com\/townhallcom\/status\/1470843950160297988?ref_src=twsrc%5Etfw\">December 14, 2021<\/a><\/p>\n<p>Psaki\u2019s answer echoed arguments put forward by Brian Deese, director of the White House National Economic Council, in a blog post last week. After the latest Labor Department data was released, the White House published an article by Deese blaming meat packers for the skyrocketing prices.<\/p>\n<p>\u201cThe November Consumer Price Index data released this morning demonstrates that meat prices are still the single largest contributor to the rising cost of food people consume at home,\u201d Deese wrote. \u201c[J]ust four large conglomerates control approximately 55-85% of the market for pork, beef, and poultry, and these middlemen were using their market power to increase prices and underpay farmers, while taking more and more for themselves.\u201d<\/p>\n<p>The North American Meat Institute, an industry trade group, released a <a href=\"https:\/\/www.meatinstitute.org\/ht\/display\/ReleaseDetails\/i\/198731\">response<\/a> to the blog post hitting the Biden administration for passing the blame for rising meat prices and covering for rampant inflation that has hit the U.S. economy on the heels of the federal government\u2019s trillions of dollars-worth of aid packages over COVID-19.<\/p>\n<p>\u201cThe White House Economic Council is again demonstrating its ignorance of agricultural economics and the fundamentals of supply and demand,\u201d said Julie Anna Potts, the institute\u2019s president and CEO. \u201cThis argument is simply a rinse and repeat of their September attempts to blame meat and poultry companies for inflation that is not limited to food, but is being felt across the economy.<\/p>\n<p><em>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a <\/em><a href=\"https:\/\/www.dailywire.com\/subscribe\"><em>member<\/em><\/a><em>.<\/p>\n<p><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House Press Secretary Jen Psaki blamed corporate greed on Tuesday when asked about the cause of soaring meat prices in the United States.The price index for meats, poultry, fish, and eggs has swelled 12.8% over the past year. For certain products, the increase is even more pronounced. The price of beef has soared in price 20.9% since December 2020, according to Department of Labor data.Psaki passed the blame onto \u201cmeat conglomerates\u201d that are taking advantage of the pandemic to gouge consumers at the grocery aisle. Psaki said:The president thinks the way people across the country, American families, digest inflation is by price increases and if you look at industry to industry, it\u2019s a little different. So, for example, the president, the secretary of Agriculture have both spoken to what we\u2019ve seen as the greed of meat conglomerates. That is an area where when people go to the grocery store [and] are trying to buy a pound of meat, two pounds of meat, ten pounds of meat, the prices are higher. That is, in his view and the view of our secretary of Agriculture, because of, you could call it corporate greed, sure. You could call it jacking up prices during a pandemic. There are other areas where we\u2019ve seen increases because of supply chain issues, and we\u2019re 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 some areas where we have seen corporations benefit, profit from the pandemic, and certainly the president would agree with that component.Jen Psaki blames increases in meat prices on &#8220;the greed of meat conglomerates.&#8221; pic.twitter.com\/NlSXwIcUTP\u2014 Townhall.com (@townhallcom) December 14, 2021Psaki\u2019s answer echoed arguments put forward by Brian Deese, director of the White House National Economic Council, in a blog post last week. After the latest Labor Department data was released, the White House published an article by Deese blaming meat packers for the skyrocketing prices.\u201cThe November Consumer Price Index data released this morning demonstrates that meat prices are still the single largest contributor to the rising cost of food people consume at home,\u201d Deese wrote. \u201c[J]ust four large conglomerates control approximately 55-85% of the market for pork, beef, and poultry, and these middlemen were using their market power to increase prices and underpay farmers, while taking more and more for themselves.\u201dThe North American Meat Institute, an industry trade group, released a response to the blog post hitting the Biden administration for passing the blame for rising meat prices and covering for rampant inflation that has hit the U.S. economy on the heels of the federal government\u2019s trillions of dollars-worth of aid packages over COVID-19.\u201cThe White House Economic Council is again demonstrating its ignorance of agricultural economics and the fundamentals of supply and demand,\u201d said Julie Anna Potts, the institute\u2019s president and CEO. \u201cThis argument is simply a rinse and repeat of their September attempts to blame meat and poultry companies for inflation that is not limited to food, but is being felt across the economy.The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.<\/p>\n","protected":false},"author":70,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1119370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1119370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/70"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1119370"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1119370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1119370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1119370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1119370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}