Latest / Systemic Error Podcast
Trump plan to make burgers cheaper backfires spectacularly in MAGA country
What happened
AlterNet reports that the Trump administration expanded the amount of imported lean beef eligible for lower tariffs by 300,000 metric tons—about 661 million pounds—to restrain ground-beef prices. The White House said domestic supply could not meet demand at reasonable prices after ground beef cost about 8 percent more in August than a year earlier.
Purdue economists estimated the imports could reduce wholesale prices by no more than 1.41 percent. Using earlier USDA research on how little wholesale relief reaches shoppers, Vox calculated a best-case retail reduction of roughly…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.