WASHINGTON, D.C. – White House Press Secretary Jen Psaki this week blamed corporate greed, in particular, big meat for rising inflation and not the Biden administration. Psaki singled out the United States’ meat industry for pushing up costs.
The President, the Secretary of Agriculture have both spoken to what we’ve seen as the greed of meat conglomerates. That is an area — one where people go to the grocery store and they’re trying to buy a pound of meat, 2 pounds of meat, 10 pounds of meat, it is — 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’ve seen increases because of supply chain issues. And we’re seeing those increases around the world as it relates to gas prices, oil supply, and things along those lines.
So, I would say there’s some areas where we have seen corporations benefit — profit from the pandemic. And — and, certainly, the President would agree with that component.Jen Psaki, White House Press Secretary