"We've helped sustain this market, and it's frustrating to see these companies turn around and raise prices," Bharat Ramamurti, the deputy director of the White House's National Economic Council, said in an interview. "What we see here smacks of pandemic profiteering and that is the behavior the administration finds concerning."
The U.S. Consumer Price Index (CPI) showed beef and veal prices in July were up 6.5% from a year earlier, while poultry prices were up 5.3% and pork prices were 7.8% higher. Last year's jumps in poultry prices were the most since 2004 and the most since 2014 for beef and veal as well as pork.
So prices are up in line with inflation and that's "profiteering"?
Does anyone in this administration have any real business experience?