Thursday 19 May 2022 03:07 PM Rampant Bidenflation of 9.4% forcing retailers to charge market prices for WINGS trends now

Thursday 19 May 2022 03:07 PM Rampant Bidenflation of 9.4% forcing retailers to charge market prices for WINGS trends now
Thursday 19 May 2022 03:07 PM Rampant Bidenflation of 9.4% forcing retailers to charge market prices for WINGS trends now

Thursday 19 May 2022 03:07 PM Rampant Bidenflation of 9.4% forcing retailers to charge market prices for WINGS trends now

As the warm weather rolls in and Americans prepare for summer barbeques and games days, they might just be shocked at the price of their favorite staple: chicken wings. 

Inflation has soared since President Joe Biden, 79, took office while the US still grapples with the ongoing pandemic.

The prices of groceries have soared a shocking 14.3 percent, causing bigger shopping bills and inflated menu prices. 

Owners of Sal and Mookies - an NYC-themed restaurant chain in Mississippi - Jeff Good and Dan Blumenthal have been forced to sell chicken wings, a popular item, at market value - a menu discretion usually only saved for luxury items, such as lobster. 

Their once saucy basket of 15 wings retailed at $13.95, but can now go up to $27.95 - or what Good estimates to be the 'real cost' of $34. 

Their menu don't even have a price tag on their 'hot wings,' which are served with gorgonzola dipping sauce. Rather, the space after the price tag remains blank - the only menu item to do so and a little note it attached to the menu, reading: 'Due to national shortages, our wings prices fluctuate.' 

'We have never, ever seen anything like what we’re seeing right now,' Good, who has been a restaurant owner for almost 30 years, told the Orange County Register. Good also said he is considering taking the item off the menu. 

A 40-pound box of chicken wings used to cost them $85. But with food inflation up 9.4 percent - the largest increase since 1981 - consumer demand, and the supply chain crisis keeping necessary goods hostage, the same box can now cost up to $150. 

Chicken wing costs have soared as inflation continues to rise, with some restaurants being forced to sell them at market value

Chicken wing costs have soared as inflation continues to rise, with some restaurants being forced to sell them at market value 

On top of that, restaurant owners are facing not only a price jump in chicken wings, but flour, cooking oils, meats, and dairy are also rising in price. 

Prices are oftentimes jumping higher than the Consumer Price Index (CPI) is being calculated, which will continue to effect consumer prices, which are measured in Producer Price Index (PPI). 

Flour alone jumped 40 percent, oil 41 percent, butter 51 percent, and eggs surged a whopping 220 percent in the last 12 months, according to the National Restaurant Association.  

In addition, Good and Blumenthal are facing rising labor costs, as well as unexpected new charges, such as a $40 fuel charge per visit for the three locations air conditioners. 

Good told the Orange County Register that to cope with rising inflation, he had to raise menu prices. The average menu price in the US soared 7.2 percent within the last year. 

Unlike small businesses, who are forced to change their prices much faster, big chains can oftentimes hold on a little longer before increasing value. However, fast-food chain Wendy's had to raise fan favorite menu items, such as the Baconator and the Dave's Double. 

The owners of Sal and Mookies have been forced to put a note on their menu, indicating that 'due to national shortages, our wings prices fluctuate' as their wings costs jumped from $13.95 to almost $30

The owners of Sal and Mookies have been forced to put a note on their menu, indicating that 'due to national shortages, our wings prices fluctuate' as their wings costs jumped from $13.95 to almost $30

Sal and Mookies owners Jeff Good and Dan Blumenthal (pictured together)  said the real cost of their 'real cost' for chicken wings are $34, as flour and oil are also up and they're debating taking the item off the menu

Sal and Mookies owners Jeff Good and Dan Blumenthal (pictured together)  said the real cost

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