Summary
Trump recently shared a provocative column on Truth Social titled “Shut Up About Egg Prices — Trump Is Saving Consumers Millions,” written by conservative activist Charlie Kirk.
This comes despite Trump’s campaign promises to reduce grocery costs “immediately” and “on Day 1.” Egg prices have soared to record highs, averaging $4.95/dozen in January and exceeding $10/dozen in some regions, leading to purchase limits and shortages.
While bird flu has significantly impacted prices by killing millions of chickens since 2022, Trump has shifted from his campaign stance, recently telling Fox News “Inflation is back” but claiming “I had nothing to do with it” after just weeks in office.
Yeah, firing the people responsible for dealing with a disease that kills chickens will surely make the price go down.
As if reducing the cost for suppliers reduces the cost for consumers anymore instead of just increasing the margins.
The problem with our capitalist system (other than the obvious part) is that there is no longer meaningful local competition to push prices down. Reducing the cost to produce just increases the profit. Everything today is made at least as cheap and as efficiently as it was 10 years ago, yet here we are paying more for it, while the top 1% is getting records profits.
I’m almost certain Trump’s solution will be to stop culling chickens and telling people to buy cod liver oil to deal with the bird flu that results.