Kamalanomics: The Worst Food Inflation in Nearly Half A Century

[mystery-ak]

Kamalanomics: The Worst Food Inflation in Nearly Half A Century

John Carney 14 Aug 2024

As Americans stroll the grocery aisles, confronted with sticker shock at every turn, a central issue that has plagued the Biden-Harris administration since its inception comes into focus: inflation is still taking its toll.

It is not just any inflation, but the kind that strikes at the heart of every family’s kitchen—grocery prices.

The numbers tell a grim story. Polls consistently show that inflation is the top concern for voters, and it’s easy to see why. Under the Biden-Harris administration, the cost of “food at home”—bureaucratese for groceries—has surged by over 21 percent.

A recent YouGov poll found that a staggering 77 percent of Americans consider inflation a “very important” issue. A poll for the Financial Times found that 78 percent of registered voters say inflation has been one of the three biggest sources of personal financial stress.

Food inflation is at the heart of voter anxiety over price increases. The Financial Times poll found that seventy-eight percent of voters said food inflation is a major drag on their financial situation.

Despite the rhetoric from the White House, which seeks to downplay this issue by pointing to recent moderations in price increases, the fact remains that grocery prices have skyrocketed under Harris’s watch. Harris played a pivotal role in the legislative agenda that led us to this point. Her tie-breaking votes in the Senate helped push through trillions in spending, which many economists say helped fuel the inflation crisis.


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https://www.breitbart.com/economy/2024/08/14/kamalanomics-the-worst-food-inflation-in-nearly-half-a-century/

[Smokin Joe]

Energy policy is a major factor in inflation, and food is certainly no exception.
It takes fuel to till,plant, and harvest the vast acreage of grain in the US, It takes fuel to raise livestock, and fuel to transport both to processing and the results to market, and it takes energy to process and preserve that food.
Biden/Harris policies have been waging war on traditional energy sources from day one, and doing so aggressively, either directly, or by proxy (through grants to environmental groups which tie projects up in court).

It isn't just food, but food is a shining example of how increased energy costs are reflected in the price of goods, and how those increased costs drive inflation.

Spending a few trillion we don't have doesn't help either, but it is only part of the equation.