Last Updated on January 4, 2022
Democrat President Joe Biden revealed on Monday that he was not aware that meat prices have been soaring for average Americans until Sunday, when a “good friend” named “Mary Ann” asked, “Do you realize it’s over $5 for a pound of hamburger meat?”
“I was sitting in my kitchen yesterday, and here’s a sun room off the kitchen, and my wife was there with her sister and a good friend named Mary Ann,” Biden stated on Monday. “And she was saying, ‘Do you realize it’s over $5 for a pound of hamburger meat? $5?’”
The president continued, “Well, this is partly, you know, the pound of beef today costs five bucks compared to less than four bucks before the pandemic.”
“And here’s some historical context: Fifty years ago, ranchers got over 60 cents for every dollar a family spent on beef,” Biden added. “Today, they get about 39 cents. Fifty years ago, hog farmers got 40 to 50 cents for each dollar they spent. Today, it’s about 19 cents. And the big companies are making massive profits.”
“While their profits go up, the prices you see in the grocery stores go up commensurate,” the most popular presidential candidate in U.S. history stated. “And the prices farmers receive for the products they are bringing to market go down. This reflects the market being distorted by lack of competition.”
Biden recently admitted defeat against COVID-19 over a year after he promised to “shut down the virus,” as reported by National File.
“This gets solved at state level … and that ultimately gets down to where the rubber meets the road, and that’s where the patient is in need of help — or preventing the need for help,” Biden said during his remarks.
Children in the United States faced a shortage of candy canes during December’s holiday season under the Biden administration’s economic policies.