Clay’s Father-in-Law Explains the Turkey Inflation Tax
CLAY: A couple days in advance of Thanksgiving. Hope you are either soon to be or already with your friends and family, getting ready for a Thanksgiving feast. One, by the way, that will end up costing quite a bit more than any Thanksgiving has ever cost before.
My father-in-law is already with me here in Florida. And he owns a meat-packing plant in Michigan, outside of Detroit.
And I tweeted this out last night, Buck.
My father-in-law owns a meat packing plant in Michigan. He’s here with me for Thanksgiving. Just showed me his turkey pricing increase: January 2020 $1.15 a pound. January 2021 it’s now $3.73 for the same turkey per pound. Insane. Direct inflation tax to customers.
— Clay Travis (@ClayTravis) November 23, 2021
He was talking, he came over and he shared an email with me. And he said, “I know you guys have been talking about inflation a lot on the show,” and whatnot. He said, “I just want you to see what’s going on when it comes to my cost for his meat-packing plant.”
He showed me an email invoice, said January of 2020, Buck, a turkey breast cost him $1.15 a pound. January of 2021 it’s all the way up to $3.73 for the same turkey per pound.
That is pretty crazy to think about a one-year increase of what that has ended up costing him. I said,”What’s the practical impact?”
He said, “People who are buying meat are paying a vast inflation tax as a result of how much more this is costing.”
That’s direct in my own family. My father-in-law employs 100 people in Detroit at the meat-packing plant. It’s pretty staggering just to look at the tangible impact there.