Doc7505
Diamond Member
- Feb 16, 2016
- 23,414
- 41,649
- 2,430
Democrats Accidentally Expose the Culprit for Food Inflation
Democrats Accidentally Expose The Culprit For Food Inflation | Armstrong Economics
The Democrats official X account posted a chart featuring US grocery inflation. The intent was to show the public that prices had reached record highs in 2025
www.armstrongeconomics.com
Grocery prices skyrocketed in 2021, a year into the pandemic. Supply chain shortages were abundant, shipping docks were at a standstill, and countless food producers were forced to shutter their businesses to adhere to social distancing guidelines. World trade temporarily halted. We then had the Ukraine war breakout in 2022, disrupting Europe’s bread basket. Poor weather conditions resulted in low harvests, and a series of diseases spread to livestock and poultry. Every nation experienced a rise in food prices following the disastrous policies set forth in 2020, with most feeling the inflationary shocks starting in 2021.
Food-at-home groceries rose 24% from January 2020 to January 2023. Grocery prices surged 25.8% by March 2024 and did not experience a downturn until April 2024 when prices dropped a mere -0.2% on the monthly. Grocery prices rose 22% to 25% under Biden’s presidency. “Prices are higher today than they were in July 2024, all in major categories listed below,” read the caption on the since-deleted graphic posted by the Democrat’s X account. If anyone cared to look, they would have seen that prices have fallen relatively flat under Trump, whereas they were skyrocketing under Biden.
Commentary:
In sum; The culprit for Food Inflation = Democrats...
More pointedly under the leadership of Joe Biden and Peter Buttigeig... the result, abundant supply chain shortages, shipping docks at a standstill, and countless food producers were forced to shutter their businesses.
And let's not forget the draconian California laws restricting trucking from out of state.
People are forgetting that the root cause of the increased food prices today is due to the Biden-Harris-Buttigieg administration's failure to manage the supply chain back in 2022.
Remember, the fallout from the botched supply chain backup resulted in rail companies declaring force majeure and canceling transport contracts for grains and feedstocks to farmers. This forced farmers to dump milk, and eventually slaughter their chickens and livestock because they couldn't feed them. The rail companies had to prioritize their rolling stock to help alleviate the backlogs at the west coast shipping ports and transport those goods across the country.
We're now seeing the prices of milk, cheese, eggs, ground beef, bacon, bread, and other farm products rise because it takes years to recover from the slaughter of herds of beef livestock, milking cows, pigs, chickens, and the loss of the resulting dairy and meat byproducts.
