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Grilling Biden’s PR Folk About July 4 Cookout Prices July 2, 2021

Posted by geoff in News.
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The White House is desperate to dispel concerns over inflation. So desperate, in fact, that they put out idiotic tweets like this:

Idiotic indeed, both due to the terrible puns (hence my obnoxious title) and the abuse of the Farm Bureau’s data. Mainly the latter, as you’ll see.

If you dig into the Farm Bureau’s report and plot the results, you find that ground beef, pork & beans, ice cream, and pork chops were the biggest contributors to the decline in prices:

But the Farm Bureau sez:

“Beef and pork processing plant disruptions that occurred in 2020 due to the COVID-19 pandemic have been resolved, leading to lower retail ground beef and pork chop prices in 2021 compared to 2020,” Nigh said. “However, consumers looking a bit farther back to compare prices are seeing higher prices for ground beef, pork chops and chicken breasts compared to pre-pandemic (2019) prices.”

The run on canned goods last year would easily explain the drop in pork & beans price as well. So all of their fanfare is due to COVID-19 effects.

I am excited about the drop in ice cream price, though . . .

Anyway, you might well ask, “How do 2021 prices compare to 2019 prices?” Here’s the Farm Bureau’s handy chart:

Yes, prices have inflated 8% since 2019.

And that, my friends, is the Biden economic plan “working.”

Comments»

1. Mark in NJ - July 2, 2021

Happy 4th, Geoff…although it looks to me like the cost rose almost 9% under Trump and Biden has managed to wrestle it down 0.2% from the 04-Jul-2020 high 😉

2. geoff - July 2, 2021

Do the words “COVID-19” as well as the expository text mean nothing to you?

3. Jimbro - July 2, 2021

My celebration WAS going to be grilled chicken on buns with potato salad and strawberries with cookies for dessert.

Now it’ll be ground beef and bean ice cream sundaes to save money for gasoline which is through the roof.


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