Biden on Inflation: ‘You’re Gonna See People Not Buying Kellogg’s Raisin Bran, You’re Gonna See Them Buying Other Raisin Bran Which’ll Be a Dollar Cheaper’

‘The main driver of food prices is not the price of beef and eggs et cetera, although they’re up, it’s packaged goods’

This story is cross-posted at our consumer site, Grabien News. Watch it there – without audiomarks.

EXCERPT:

BIDEN: "My message is we're getting them down. I told you I'd bring them down. We’re bringing it down. I come from a family where whenever gas prices were up or food prices were up, what happened? What happened was there was a conversation at the kitchen table. And we’re doing a whole lot of other things. By the way, the food prices, the main driver of food prices is not the price of beef and eggs, et cetera — although they are up. It’s packaged goods. Packaged goods. You will see people not buying Kellogg’s raisin bran, you're going to see them buy another raisin bran, which will be a dollar cheaper.”

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