As price increases hit American consumers, the Committee should focus on the real underlying causes, namely, macroeconomic trends that include supply and demand shocks and monetary policies, rather than the strawmen of industry concentration or unfair business practices.
Glenn Thompson: “As price increases hit American consumers, the Committee should focus on the real underlying causes, namely…”
Editor's note · Context
Thompson argues for addressing macroeconomic trends affecting cattle markets instead of blaming industry concentration.
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