White House Pledges $1 Billion Investment In Small Food Processors To Combat 'Meatflation'

antitrust issues across industries during the first year of his presidency, signing an executive order in July aiming to promote competition across the economy.during a Monday meeting with independent farmers and ranchers: “In too many industries, a handful of giant companies dominate the market.

And too often, they use their power to squeeze out smaller competitors and stifle new entrepreneurs, making our economy less dynamic, giving themselves free rein to raise prices, reduce options for consumers or exploit workers. The meat industry is a textbook example on the price side.”Neil Bradley, executive vice president and chief policy officer of the U.S.

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White House to invest $1 billion to boost competition in meat-processing industry and lower consumer pricesThe White House announced it would allocate $1 billion in funding from the American Rescue Plan to independent meat and poultry producers as part of an effort to boost competition in the meat-processing industry and lower prices for consumers. Why not just set a maximum price per pound? That would fix almost everything and cost the taxpayers very little! We want free meat! Could this idea work for the housing market one asks?
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