Joe Biden Marvels at $5 a Pound Beef, Blames Top Four Meat Processors

True Pundit January 5, 2022

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President Joe Biden expressed shock on Monday that the cost of ground beef was so high, blaming consolidation in the meat market among the top processors.

The president recalled a conversation he overheard between his wife, first lady Jill Biden, and a friend, while he was sitting in the kitchen at home.

“She was saying, ‘Do you realize it’s over 5 dollars for a pound of hamburger meat?!’ 5 dollars?” Biden recalled.

“Well this is partly, you know, the pound of beef today costs 5 bucks compared to less than 4 bucks before the pandemic,” the president continued.

The cost of ground beef spiked in June 2020 and then went back down, before rising quickly again in January 2021.– READ MORE

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