Monday, February 17, 2025

Egg Watch: Week four

 

Price of Eggs Jan. 25, 2025

Price of Eggs, Feb. 17, 2025


by Rod Williams, Feb. 17, 2025 - President Trump has been in office foru weeks and look at the price of eggs! 

In August 2024, Donald Trump held a press conference surrounded by packaged foods, milk and eggs, and said: “When I win, I will immediately bring prices down, starting on Day One.” 

He didn't start bringing prices down on day one. He has been in office six weeks and prices of eggs continue to rise. 

To be fair, a president has very little to do with the price of eggs. Also, often there is lag time between an adoption of any economic policy and the effect of that policy. Often presidents get the blame or the credit for policies enacted by their predecessor.   Also, the bird flu has resulted in the need to kill a bunch of chickens, and that is hardly Trump's fault. Nevertheless, the price of eggs was a major concern of people and the believe that Trump would lower the price of eggs was a reason many people voted for him. Trump acted as if he could control the price of eggs. He said he would do it. Let us hold him to that.

I expect egg prices and grocery prices in general to go higher. Firing a bunch of agriculture health inspectors, deporting farm laborers, and imposing tariffs will all contribute to higher prices. 

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