{"id":2187352,"date":"2024-02-27T04:26:02","date_gmt":"2024-02-27T09:26:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/historically-high-food-prices-will-only-worsen-if-a-democrat-wins-the-white-house\/"},"modified":"2024-02-27T04:36:15","modified_gmt":"2024-02-27T09:36:15","slug":"historically-high-food-prices-will-only-worsen-if-a-democrat-wins-the-white-house","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/historically-high-food-prices-will-only-worsen-if-a-democrat-wins-the-white-house\/","title":{"rendered":"Food prices will rise further if a Democrat wins the White House"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/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%2Fhistorically-high-food-prices-will-only-worsen-if-a-democrat-wins-the-white-house%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=2187352&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--><div class=\"article-content\">\n<h2>Americans \u200cFace Record-High Food Prices Under Biden&#8217;s Climate Policies<\/h2>\n<p>Americans have already spent a record-high portion of their disposable income on\u2062 food since \u200cJoe Biden became president. \u200cA \u2064new study by the\u200d Buckeye Institute warns\u200d that food will \u2062become even more unaffordable if Biden or any other Democrat wins the White House this November due to their destructive climate policies.<\/p>\n<p>The \u2062Wall Street Journal reports that based \u2062on\u200b data from the U.S. \u200cDepartment of\u2063 Agriculture (USDA), food spending ate up about 11.3 percent of American households\u2019 disposable income in 2022. The \u2063last time Americans spent so much on food was 30 years ago, in 1991,\u2062 when George H.W. Bush was president, and Bryan Adams\u2019 \u201c(Everything I\u2064 Do) I Do It for You\u201d topped Billboard\u2019s 100 Hot \u200bSingles of the year.<\/p>\n<blockquote>\n<p>The fraction of household disposal income\u2062 devoted to food reflects a nation\u2019s wealth. People in \u200brich \u2064nations spend a \u2063smaller fraction of their income\u200c on food than those in\u200c poor countries. For example,\u200b Canadians spent less \u2062than 10 percent of \u2062their income on food in 2014, while\u2063 Nigerians spent more than \u200c55 percent.<\/p>\n<\/blockquote>\n<p>When\u2062 a nation becomes more affluent and the standard of living \u200cimproves, people \u200dwill \u200dspend a \u200bsmaller fraction of their income on food because \u2064they \u200chave more\u2063 money to enjoy things such \u2064as entertainment and vacations. For \u200bexample, in \u200c1975, food spending comprised about a third of South Koreans\u2019 household \u2064income; in 2014, that \u2064number was reduced to around 13 percent. Since the United States \u2063has been one of the\u200c wealthiest nations in the \u2062world\u2063 for decades, Americans\u2062 have \u200bspent the\u200c lowest fraction of their income on food in the world.\u2064 For instance, food\u2062 expenditure was only 6.5 percent of Americans\u2019 disposable income in 2014. But that number has almost doubled since Biden \u2063came into office.\u2063 It is \u2064one of \u2063the most critical data points that shows Americans\u200c have become worse off during Biden\u2019s\u200b first term.<\/p>\n<p>Biden\u2062 blamed\u2063 the \u2063rising \u2062food \u200cprices on corporate\u200c greed that led to shrinkflation.\u200b In truth, it is his fault that Americans are spending more on food. The \u2063Biden administration\u2019s excessive spending caused \u2064the inflation rate \u2062to \u2063grow at its fastest pace in\u200b four decades, driving up prices of many \u200dthings, including food, since \u20622021. Although the \u200dgrowth \u2064of the inflation rate \u200dhas \u2062been trending down since last year, the\u2062 prices \u200cof many things Americans need, from \u2062food to \u200benergy to housing, remains stubbornly high. A\u200b chart by E.J. Antoni of the Heritage\u2062 Foundation on X illustrates \u200dthe price increase of essential \u200bfood items since January 2021 \u2014 poultry, dairy, bread, \u2062and eggs, among others, have increased more \u200dthan 20 percent.<\/p>\n<h2>Higher Labor\u200c Costs<\/h2>\n<p>Another reason \u200bfood prices remain elevated is the higher \u2064cost of labor. According to The Wall Street \u2063Journal, 22 Democrat-run states lifted \u2062the minimum wage\u2063 for \u2064hourly workers in January. Rep.\u2064 Barbara Lee, D-Calif., vowed in a\u200d recent debate that\u2064 she wanted to raise the federal \u2063minimum wage to $50\u200d an hour. American companies, such \u2062as fast-food restaurants, have already indicated that they \u2063would have no choice but to pass\u2062 on some\u200b of the higher labor costs to consumers\u2062 by raising food prices.<\/p>\n<p>Thanks to\u2062 Democrats\u2019 destructive economic policies at the federal and state \u200clevel,\u2064 a 2022 survey\u200b by FreshNLean.com found 9 out of\u200b 10 Americans were struggling with\u2064 high food prices, which \u201chas consequences on the health\u200c of around 50 percent of\u2062 the population,\u201d and nearly 75 percent of the population wants to eat healthier but can\u2019t because of finances.<\/p>\n<p>In another\u2062 study, 63.2 percent of adults reported\u2063 that household\u200d grocery costs increased significantly as\u200b of December 2022. To cope with skyrocketing food\u2063 prices, many \u200dAmericans either reduced \u200cthe amount of food they bought or did not buy the kinds of food they wanted. Some relied on charitable organizations, such as food banks, to make\u200c ends meet.\u2063 The\u2064 rising cost \u2062of food \u2062is\u200c one \u2062of the reasons why\u200c 1 in 8 retirees \u2062plans to return to work in 2024.<\/p>\n<h2>Expensive Energy Policy<\/h2>\n<p>Earlier this month, researchers at the Buckeye\u200b Institute warned \u2063that Americans\u2019 grocery bills will go even \u2063higher if a Democrat wins the White House this November because of \u2062the\u200d Democrats\u2019 almost religious fervor in pursuing \u201cnet-zero\u201d \u200bemissions policies. \u200bBiden \u2064rejoined the Paris\u200c Climate Accords when he became president and has since pursued\u200d \u201can activist environmental agenda that imposes expensive regulatory \u200drequirements to meet aggressive\u200b emissions-reduction \u200dtargets,\u201d including restricting oil and natural\u200d gas supplies, the\u200d report says. The \u2062Inflation Reduction Act\u2064 (a misleading name)\u2063 was a climate bill aimed to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/buttigieg-becomes-the-first-millennial-confirmed-to-a-cabinet-position\/\" title=\"Buttigieg Becomes The First Millennial Confirmed To A Cabinet Position\">reduce greenhouse gas emissions<\/a> by \u200c40 percent below their 2005 level \u200bby the end \u200dof this decade. These climate policies have \u200dalready increased \u2062the cost of energy in the United States, as another chart by E.J. Antoni shows.<\/p>\n<p>If Democrats (Biden \u2064or \u2062otherwise) win\u200b the White House this year, \u2062they undoubtedly will \u2064continue to push the same \u201cnet-zero\u201d climate policy with renewed enthusiasm. Energy will\u200c become more expensive\u2063 in America, and higher energy costs mean higher fuel and fertilizer \u200ccosts for farmers.<\/p>\n<p>Based on\u200c Europe\u2019s disastrous experience with a similar\u200d climate policy, researchers at the \u2063Buckeye Institute estimate\u200b that American farmers\u200c will see their operation costs rise by at least 34 percent. Farmers will have to pass on their cost increases to consumers by raising food prices. Under this\u200c scenario, the grocery\u2062 bills \u200cof an American family of\u2064 four (with \u200dan average $70,000 annual \u200dincome) will increase \u200b15 percent, or\u2062 $1,300\u2062 per year, from $8,320\u2064 to $9,650. Prices of some so-called carbon emission-intensive \u200dfoods such as \u200bcheese and\u200b beef could\u200d increase by more than 70 percent \u2062per pound.<\/p>\n<p>The\u200c Buckeye Institute\u2019s study concludes\u2064 that Americans cannot afford the additional cost that Democrats\u2019\u200c climate policies will add to their \u200cgrocery bills. The study recommends the next \u200dU.S. president\u2063 withdraw from the Paris Climate Accords and revoke \u2063as much of the\u2062 Inflation Reduction \u200cAct\u2019s\u2064 net-zero funding and tax credits as possible, among other \u2064things.<\/p>\n<p>Clearly, only\u200d a Republican president \u200bwill take these actions and ensure Americans have access to an abundance of food at affordable prices. American voters \u2064must remember that \u2063a vote for Biden or any other \u200cDemocrat as the \u2064next president is a vote for a higher grocery bill and a lower \u2063standard of living.<\/p>\n<\/div>\n<hr class=\"wp-block-separator\"> <\/p>\n<h2> How are \u200drising food prices and\u200d higher\u200b energy costs affecting <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">low-income families<\/a> and their ability to \u2064afford nutritious food<\/h2>\n<p><span>  Al gas exploration and production \u2062on federal\u200c lands and\u2064 waters. This has resulted in \u2064higher\u200b energy costs,\u200d which directly impact food prices.<\/p>\n<p>According to the Buckeye\u2064 Institute study, the Biden administration&#8217;s climate policies will lead to\u2064 a significant increase in energy prices,\u2063 making \u200dit more \u2063expensive for \u200cfarmers\u200c to produce\u200c food. The costs of transportation, refrigeration, and processing will all\u200b rise, ultimately passing on the burden to consumers. This\u200d will make it even\u2062 harder for Americans to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/food-stamps-texas-snap-payments-for-october-worth-up-to-1691-to-be-sent-in-nine-days\/\" title=\"Texas SNAP payments for October, worth up to ,691, will be sent in nine days.\">afford nutritious\u200c food<\/a> and maintain a healthy lifestyle.<\/p>\n<p>Furthermore, the study highlights that the Biden administration&#8217;s \u2062push for renewable energy \u2063sources, such\u2062 as wind \u2064and solar,\u200b is not a viable solution for the agricultural industry. \u200bFarms require\u200c a reliable and consistent energy source to power equipment and irrigation systems. The intermittent nature of renewable energy makes \u2063it unreliable and unsuitable \u2064for the \u2062agricultural sector,\u200c leading to increased costs and inefficiencies in food production.<\/p>\n<p>Americans\u200d are already feeling the\u2064 impact \u200cof these policies. The \u200crising food prices, coupled with higher energy\u2063 costs, are\u2062 putting a strain on household budgets, particularly for low-income families. The cost \u2063of \u2063living is increasing, \u200bbut wages are not keeping up,\u2062 leaving many Americans struggling \u2064to make ends meet.<\/p>\n<h2>The Need for a Course Correction<\/h2>\n<p>If Americans want to see \u2062a change in their\u200c food prices and overall cost of living, it is crucial\u2062 to reassess the current climate\u200c policies and their impact on the economy. While addressing climate change is important, it should not come at \u2062the expense of affordability and accessibility of basic necessities \u2063like food.<\/p>\n<p>Instead of \u200cimposing \u2063burdensome regulations and \u2064restrictions that drive up energy costs, policymakers should focus on supporting innovation and technological advancements in clean and efficient\u2064 energy production. \u2062This will not only\u2064 help reduce emissions but also ensure that energy remains affordable and reliable for all sectors,\u2063 including agriculture.<\/p>\n<p>Additionally, policymakers need to prioritize economic growth and job\u2062 creation.\u2062 A strong economy provides individuals and families with the financial means to\u2062 afford essential goods\u2063 like \u2064food.\u200c By \u2063promoting pro-growth\u2064 policies, such as\u2062 tax reforms and reducing unnecessary regulations, Americans \u2064can experience greater prosperity \u200dand lower food prices.<\/p>\n<p>In conclusion, Americans are \u2064facing record-high food prices under Biden&#8217;s climate \u200bpolicies. The combination of excessive spending, higher labor costs, and expensive energy policies has led to\u200c a significant increase in the \u200ccost of living. It is essential for policymakers to reevaluate these policies and prioritize affordability and\u2062 accessibility \u2063of food \u200cfor all Americans.\u2062 By embracing innovation and promoting economic\u2062 growth, we can \u2062ensure a brighter future \u200cwhere food prices are \u2062reasonable, and families can thrive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the Buckeye Institute&#8217;s study, Americans have allocated a historic proportion of their disposable income towards food during Joe Biden&#8217;s presidency. The study cautions that if Biden or any Democrat wins the upcoming election, their climate policies will further escalate food prices, making it even more unaffordable for the population. The Wall Street Journal provides this information<\/p>\n","protected":false},"author":536,"featured_media":2187353,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/thefederalist.com\/wp-content\/uploads\/2024\/02\/49689535141_8ead18d523_k-e1708969392567.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[],"class_list":["post-2187352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist"],"fifu_image_url":"https:\/\/thefederalist.com\/wp-content\/uploads\/2024\/02\/49689535141_8ead18d523_k-e1708969392567.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2187352","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\/536"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2187352"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2187352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2187353"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2187352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2187352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2187352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}