Summary
Democratic lawmakers, led by Sen. Elizabeth Warren, criticized Trump for failing to address rising food costs despite campaign promises to lower prices “immediately.”
In a letter, they accused Trump of focusing on mass deportations and January 6 pardons instead of tackling grocery inflation, which rose 1.8% in 2024, with egg prices up 36.8%.
Trump’s administration defended its actions, citing efforts to reduce inflation by cutting energy costs.
They are particularly high right now due to non economic reasons (disease).
Everything is particularly high right now due to non-economic reason: oligopoly and greed.
Authoritarian reasons: thousands of businesses forcibly shut down a few years ago, leading to massive market consolidation, leading to less competition, leading to the greed being unchecked.
Greed didn’t recently appear on the scene. Attributing the inflation to greed is like attributing Ukraine war deaths to gunpowder.