Biden Just Admitted How Bad Food Shortages Will Get!

Uncategorized

President Joe Biden and White House Press Secretary Jen Psaki issued contradictory claims about the national food supply.

Jen Psaki, White House press secretary, mentioned at a press conference earlier this week that the U.S. is not expecting a food shortage for Americans.

“While we’re not expecting a food shortage here at home, we do anticipate that higher energy, fertilizer, wheat, and corn prices could impact the price of growing and purchasing critical . . . food supplies for countries around the world,” Psaki told reporters.

However, on Thursday following the statement, Biden warned of a significant and real food shortage crisis, adding that it could impact America and European countries as well.

It seems that they couldn’t hide it anymore.

During a press conference Thursday in Brussels, where Biden is attending a G-7 Summit with other NATO leaders, Biden admitted that the Russian invasion of Ukraine could result in worldwide food shortages, among its many effects.

“‘It’s going to be real,‘ Biden said, “The price of the sanctions is not just imposed upon Russia. It’s imposed upon an awful lot of countries as well, including European countries and our country as well.’”

Although food shortages are a more pressing issue currently in Africa and the Middle East, where, as Bloomberg notes, countries are heavily reliant on wheat from Russia and the Ukraine, ongoing disruptions of wheat, vegetable oils, corn, and fertilizer from the two agriculture-rich countries could eventually result in a host of food-related supply chain issues worldwide.

Ukraine also is a major supplier of corn and the global leader in sunflower oil, used in food processing. The war could reduce food supplies globally, which could create food insecurity and throw more people into poverty in places like Lebanon and Egypt, where diets are dominated by bread.

It will also affect people in the U.S. living paycheck to paycheck, struggling to afford food for their families.

“It comes at an absolutely horrible time for American consumers because we’re looking every day at inflation almost reaching 10%,” Dan Varroney, a supply chain expert, told Fox Business. “Last month’s figures were close to 8%. And that means that consumers, including those that are living paycheck to paycheck, are going to pay more for food.”

Food prices were already soaring in the US as a result of inflation hitting 7.9 percent in February, a month that featured only the first four days of the Russian invasion. The gas rises spiked after the invasion and the US blocked imports of Russian oil and natural gas, though European allies chose not to do so, limiting the effect on global energy prices.

“The country is facing new challenges in ensuring farm output, with rising global prices and volatility, “ according to a state media report.

Watch it here:  Rumble/Video

Sources: Welovetrump, Bloomberg, Foxnews

Leave a Reply

Your email address will not be published. Required fields are marked *