Under the first year of Biden’s administration, Americans have been paying much more for steak dinners, fried chicken and other American culinary staples. Why? Because, according to CNBC, meat prices have risen drastically over the past year, with chicken prices up 8.8 percent, pork prices up 14 percent and beef prices up a whopping 20 percent.
In order to combat these rising prices, on Jan. 3 the Biden administration announced an aggressive $1 billion plan to tackle the issue. The plan seems to place the blame for high prices on big business and the failures of free-market capitalism.
A number of economists, experts and even one rancher currently serving in Congress disagree with this assessment, however. In their view, the blame for higher meat prices can be placed squarely on the shoulders of Biden’s government.
The White House plan correctly notes that a handful of large meat and poultry processors control the majority of their markets. The administration then goes on to berate these companies as “dominant middlemen” that seek only to “increase their own profits” at the expense of farmers and consumers.
In order to correct this, the White House will spend $1 billion in taxpayer funds on “independent processing projects” and other resources that will introduce more competition into the meatpacking industry.
Printing more money to ‘fix’ issues that are not the source of problems or are even imaginary issues is the problem. Making a dollar become less valuable is the problem.
Biden wants to STARVE & RUIN America & he has worked on it since DAY ONE in Stolen Office !!!!