A brand new report out Tuesday from the market analysis agency IRI confirmed that meals costs are expected to spike 5 % in the course of the first half of 2022. Whereas the fast inflation the US is predicted to expertise is horrible information for shoppers, ABC’s World Information Tonight, CBS Night Information, and NBC Nightly Information apparently had no real interest in overlaying the expected spike in costs.
The night newscasts not solely ignored the IRI report, however additionally they snubbed a Wall Street Journal article that reported costs of cookies, sweet, and different merchandise offered in the US will rise between six and 7 % beginning in January 2022. Widespread grocery manufacturers Common Mills and Campbell Soup are additionally anticipated to extend their costs in January.
In distinction to the community information protection, Fox’s Particular Report spent virtually a minute on the IRI and Wall Avenue Journal studies. Anchor Bret Baier went to senior nationwide correspondent Wealthy Edson who was in Rehoboth Seashore, Delaware overlaying President Biden. In his report, Edson gave a abstract of each the Wall Avenue Journal and IRI studies saying:
They’re 5 % meals and grocery inflation for the primary half of subsequent 12 months. They are saying although that varies by the kind of grocery and the area the place the groceries are offered. That is on high of the Wall Avenue Journal report that claims quite a few totally different firms are already planning on meals worth will increase subsequent 12 months.
Edson additionally reminded viewers that these inflation charges are on high of a earlier report from the Labor Division launched in November which said “The USA had inflation 6.8 % in comparison with November a 12 months prior.” Additionally noting that we at the moment are experiencing “the very best degree this nation has seen since ’82.”
This isn’t the primary time the leftist media has ignored or sought to downplay inflation issues. One may speculate that if a Republican was within the White Home immediately, the community newscasts would discover time to cowl this regarding financial report.
This newest instance of the leftist media censoring dangerous financial information for the Biden Administration was made doable because of profitable sponsorships by Dawn (CBS), Liberty Mutual (ABC), and CarFax (NBC). CBS Night Information has additionally requested you to textual content anchor Norah O’Donnell at (202) 217-1107.
To learn the related transcript of the Fox Information phase click on “broaden”:
BRET BAIER: Hey Wealthy one other downside the administrations dealing with. A brand new report warning of extra inflation forward?
RICH EDSON: That’s proper Bret. That is meals, particularly, it comes from a IRI survey. It is a analysis agency. They’re 5 % meals and grocery inflation for the primary half of subsequent 12 months. They are saying although that varies by the kind of grocery and the area the place the groceries are offered. That is on high of the Wall Avenue Journal report that claims quite a few totally different firms are already planning on meals worth will increase subsequent 12 months. Whether or not it is mustard, cookies, Jell-O, these are all within the works. And likewise on high of a Labor Division report from November saying that the US had inflation 6.8 % in comparison with November a 12 months prior, that is the very best degree this nation has seen since ’82. Bret?
BAIER: Wealthy Edson, dwell in Rehoboth Seashore, Delaware with the President. Wealthy, thanks.