Biden’s inflation cluelessness
Biden's inflation nothingburger Joe Biden seems to have decided who is to blame for inflation: big business. After months of mixed messaging and empty spin on one of American voters’ top concerns, the administration has settled on its pre-existing commitment to antitrust action as the best medicine for rising prices. In its latest antitrust move, the White House yesterday unveiled a package of measures designed to target market concentration in the meat processing industry. Biden announced that he would be sending $1 billion to independent meat processors and enforcing stricter rules for “Made in America” labeling. Other measures include a streamlined process to report anti-competitive behavior and greater transparency in the cattle market.