scheduled that will be mostly virtual which farmers and ranchers. he ll also be joined by the attorney general and the ag secretary. part of what they want to lay out is a way to try to make the meat business more competitive with the hope of reducing prices. so when it gets to the grocery store and your family dinner table that we ll see some relief from those higher meat prices. the administration says that four meat packing companies have the dominant hold on the middleman position in bridging the gap between those who produce the meat products and all of the grocery stores and suppliers where we might buy the products. they want to try to incentivize new ways to have more independent meat processing. so that s investments, and it is trying to stimulate different ways of bringing about more competition. and it s an important part of trying to reduce this recession-type feeling of seeing that those prices that have
disruption. how do they try to get people in this mid-term election year to focus on the good numbers and then trust the president to the help them through the bad? that s exactly the challenge that president biden and this white house are facing as they are trying to highlight that overall growth in the economy, this record low unemployment, a rise in wages while also trying to ease and calm the economic anxiety that so many americans are feeling as they head out to the grocery store, as they are filling up the gas pump. you heard the president in those remarks talk about their attempts and efforts to try to shore up the supply chain, also the steps that they are taking to try to combat inflation. you know, earlier this week they unveiled some proposals when it comes to reducing meat prices. you ve seen the president take steps when it comes to trying to lower the price of gas. of course, all of these steps that they are taking are actually very modest, having a very modest impact a
at northwestern mutual, our version of financial planning helps you live your dreams today. find a northwestern mutual advisor at nm.com jesse: president biden beefing with big meat company is in another pathetic attempt from the derailing presidency and skyrocketing inflation, he looks to reduce soaring meat prices with get this, more government regulations and federal spending. and proving he is completely clueless when it comes to issues americans are facing. i was sitting at my kitchen yesterday and there was a sunroom off the kitchen, and my wife was there with her sister and her good friend named marianne, and she said, do you realize it s over $5 for a pound of hamburger meat? $5. well, this is partly the pound
administration pointing the finger at american meat packers for skyrocketing prices after months of inaksz on inflation crisis. kevin: the white house is swifting moving to implement liberal wish list from last year. mark is live in the nation s capital with all the details. good morning, my friend. mark: breakfast costs more these days and rising meat prices may be partially to blame. it is reported beef prices are up 20% in the last year. pork up nearly 17% and chicken close to 10%. the president says he s shocked to learn how much prices have gone up and held a round table with farmers and ranchers on monday. president biden: i was sitting in my kitchen yesterday with my wife with her sister and a good friend and she was
they should do exactly what president trump did. he charged his department of justice to investigate the packers and go after them and make sure they re antitrust, anti-competitive laws are being enforced and followed by these packers. instead what joe biden is doing and what she s talking about is attacking capitalism, attacking our free markets, and that s not american. and so i would caution people, yes, we have a huge issue with our packers, a huge issue with rising meat prices. but what joe biden is doing is trying to divert away from the real solution and to attack our way of life here in this country. so i m going to keep pushing him. i led a coalition of governors to send a letter and to raise awareness with the white house that we are holding them accountable to restarting this investigation that president trump started and to make sure that they really do solve the problem, not just talk about it in a way to rip down our country and everything that it stands on. maria: well,