Biden White House Celebrates 1% Savings on THIS While Gas Prices Explode
The Biden White House just put out a tweet claiming that the cost of a July 4th BBQ is less expensive this year than last.
The animated gif they created shows savings of 13%, 8%, 5%, 2%, and 1% on various food items you might normally have at an Independence Day barbecue.
According to the Farm Bureau, you’re saving 13% on pork and beans and 8% on ground beef compared to a year ago. And you’re saving a whole 1% on sliced cheese and potato chips!
There are two very big problems here…
Problem #1:
I don’t believe the numbers.
The cost of all types of beef have gone up considerably. As recently as June 7th, Yahoo News reported, “Beef and veal prices are up over 3% from a year ago, according to the latest government data.”
And on June 23rd, the NY Times reported “wholesale beef prices have shot up more than 40 percent.”
Furthermore, Katelyn McCullock, a senior economist at the Livestock Marketing Information Center, concludes, “Your food bill is going up, but your meat bill might increase a little bit faster than other food products.”
So I don’t know where the Farm Bureau is getting their numbers, but if you’ve purchased any beef lately, you know the price is higher than a year ago… and it certainly hasn’t gone down 8 percent!
This calls into question all the other data presented in the White House BBQ price gif.
Problem #2:
Does the Biden White House really expect us to ignore the 42% increase in gas prices while celebrating a 1% drop in the price of potato chips? Are you kidding me?
Americans are now spending an extra $15 to $30 every single time they fill up, but – hey! – at least they’re saving a whole NICKEL on a bag of potato chips! <sarcasm>
The White House tweet makes an absolute mockery of the dramatic price increases Americans have suffered under the Biden administration so far.
Fox News’ senior White House correspondent, Peter Doocy, confronted Jen Psaki about the 16-cent savings advertised by the White House, and it’s absolutely hilarious.
One a more serious note: I hate to be a pessimist, but these price increases are NOT going to get better anytime soon. I fully expect gas prices to be over $4 a gallon by the end of summer. And I fully expect beef prices to continue to rise.
What do you think…?
