Psaki made a point to commiserate with Americans grappling with high grocery prices but chalked up most of the hurt to companies 'jacking up prices' during the COVID-19 pandemic
White House Press Secretary Jen Psaki denounced the 'greed of meat conglomerates' during her Tuesday press briefing when addressing the economic pain caused to American families by soaring prices at the grocery store.
During her daily news conference Psaki was asked whether President Joe Biden agreed with progressive groups that 'corporate greed is a big driver of inflation right now.'
She made a point to commiserate with Americans grappling with high grocery prices but chalked up most of the hurt to companies 'jacking up prices' during the COVID-19 pandemic.
Biden signaled his willingness to take on big companies in July when he signed an executive order tackling the stranglehold of monopolies in major industries including airlines, agriculture and banking.
'I think that the President thinks the way people across the country, American families, digest inflation is by price increases. And if you look at industry to industry, it's a little different,' Psaki said.
'So, for example, the President, the Secretary of Agriculture have both spoken to what we've seen as the greed of meat conglomerates.
'That is an area - one where people go to the grocery store and they're trying to buy a pound of meat, two