Bidenflation: Grilling For Memorial Day Just Got Much More Expensive - And Putin Cannot Be Blamed This Time

By Roberta Elliot | Sunday, 22 May 2022 12:00 PM
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Bidenflation: Grilling For Memorial Day Just Got Much More Expensive - And Putin Cannot Be Blamed This Time

As America becomes warmer, and Americans prepare for summer barbecues and game days, they might be shocked at the cost of their favorite treat: chicken wings.

Inflation has hiked since President Joe Biden, 79, took office while the U.S. still grapples with the ongoing pandemic and supply shortages.

The prices of groceries have soared a shocking 14.3 percent, causing bigger shopping bills and inflated menu prices.

Jeff Good and Dan Blumenthal, the owners of Sal and Mookies - an NYC-themed restaurant chain in Mississippi - have been forced to sell chicken wings at market value - a menu discretion usually only saved for luxury items, such as lobster.

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The popular menu item of a saucy basket of 15 wings retailed at $13.95 before the COVID 19 erupted but can now go up to $27.95 - or what Good estimates to be the “real cost” of $34.

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The restaurant menu now states that the wings are market price and leaves the actual price blank, next to a message: “Due to national shortages, our wings prices fluctuate.”

“We have never seen anything like what we’re seeing right now,” Good, who has been a restaurant owner for almost 30 years, told the Orange County Register. Good also said he is weighing taking the item off the menu.

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A 40-pound box of chicken wings used to cost them $85. But with food inflation up 9.4 percent - the largest increase since 1981 - huge consumer demand, and the supply chain crisis keeping wings in very short supply, the same box can now cost up to $150.

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On top of that, restaurant owners face a price jump in chicken wings, but flour, cooking oils, meats, and dairy are also rising in price.

Prices are often bouncing higher than the Consumer Price Index (CPI), which will continue to affect consumer prices measured in the Producer Price Index (PPI).

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Flour alone leaped 40 percent, oil 41 percent, butter 51 percent, and eggs surged a whopping 220 percent in the last 12 months, according to the National Restaurant Association.

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Additionally, Good and Blumenthal are facing rising labor costs and unexpected new prices, such as a $40 fuel charge per visit for the three locations’ air conditioners.

Good told the Orange County Register that he had to raise menu prices to cope with rising inflation. The average menu price in the U.S. soared 7.2 percent within the last year.

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Unlike small businesses, which are compelled to adjust their prices much faster, big chains can often hold on a little longer before increasing value. However, fast-food chain Wendy’s had to raise fan-favorite menu items, such as the Baconator and the Dave’s Double.

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