Senators Demand Turkey Extradite Hamas Terrorists
Democrats Set the Standard for 'Unqualified'
We Might Have a Problem With Trump's Labor Secretary Nominee
Trump Makes His Pick for Treasury Secretary
Trump Clinches Another Win in Hush Money Case. How Some Libs Reacted.
The Proverbial Sacrificial Lamb
One of Trump’s Biggest Allies Says He’s Never Getting Into Politics Again
America's National Debt Just Hit a New Record
The View Forced to Read Three Legal Notes Within Minutes of One Another...
Watch This ABC Reporter Goes on Massive Tangent Blaming Trump for Laken Riley's...
Guess Who Joe Biden Just Awarded the Highest Civilian Honor To
Are Teens Leaning More Conservative or Liberal? Here’s What a New Poll Is...
Here's What the DOJ Is Demanding of Google
Georgia Conducted a Hand Count Audit of Its Election Results. Guess What it...
Top Pollster Calls on Joe Biden to Resign
Tipsheet

Heinz CEO: Prepare for Permanent Increase in Food Prices

AP Photo/Tom Copeland

We’re already being warned that not everything can be on our dinner tables by the holiday season. Why? Well, we’re on the verge of a global supply chain crisis. Grocery stores can’t be stocked with readily available items. This incompetence was brought to you by the Biden administration. It’s stunning that in America, we have a president who is totally fine with spiking food prices. It’s hurting working families, and it’s not a high-class issue. Yeah, the Biden White House thinks that’s something grounded in reality—that only the rich feel the pinch of inflation. And people wonder why liberals always toss out garbage economic theories. Now, we have the Heinz ketchup dude saying that we should expect a permanent spike in food prices (via Fox Business):

Advertisement

Consumers need to prepare for a permanent increase in food prices, according to Kraft Heinz CEO Miguel Patricio. 

Patricio said that inflation is "across the board," leading to a price increase in several countries. The Food and Agriculture Organization (FAO) of the U.N. marked an increase in the Food Price Index in September, up 1.2% compared to the same month last year.

"We are raising prices, where necessary, around the world," Patricio said in an interview with the BBC. He noted a number of factors in various countries have driven the "necessary" increase. 

"Specifically in the U.K., with the lack of truck drivers," Patricio explained. "In [the] U.S. logistic costs also increased substantially, and there's a shortage of labor in certain areas of the economy."

Patricio’s reference to "U.S. logistic costs" could refer to the record backlog of container ships waiting to enter the Port of Los Angeles. The port’s executive director, Gene Seroka, claimed that around 250,000 containers require moving through the port as of Oct. 6.

Advertisement

Yeah, the one bloc of voters who sure notice the spike in prices due to inflation is women. America’s mothers balance the home budgets—and they sure as hell see Joe Biden not doing anything about it. Fixed-income seniors as well. Just wait until the heating bills come in too. Economic pain is ahead for millions, thanks to Joe Biden. 

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement