News

This story is absolutely trash. Here's a link to the video I presume this trash article is referring to https://x.com/TrumpWarRoom/status/1837581418329002260 You can see, like every grocery store I've ever been to, a number of different prices for eggs, including at least three for $4.99 and one for $3.99.

EDIT: Here's the photo op since some people prefer to comment on headlines rather than source material.
The average price of visible price tags is $4.10. Though I still argue that the literal price tag on these eggs is far from the relevant point of his words. Arguing over the average value in the background of an image is wholly irrelevant to a politician making claims about policy.

The take away from this video shouldn't be hurdur the tag says $2.99 but the discussion of his claim about "Kamala Harris' inflationary policies" and "because she cast a deciding vote on the Inflation Explosion Act". At least, that's what a reputably news organization would give a shit about discussing.

This article from PBS quotes Alex Arnon, an economic and budget analyst for the University of Pennsylvania’s Penn Wharton Budget Model, “We can say with pretty strong confidence that it was mostly other factors that have brought inflation down,’’ he said. “The IRA has just not been a significant factor.’’

This bit from Wiki says "the benefits of the Act will likely not be felt before the 2024 election, but that the Act is a great long-term strategy to decouple from volatile energy markets that drive inflation and that the Act will reduce inflation over the medium to long-term."

The Inflation Reduction Act actually had very little to do with inflation or the price of eggs. The price of eggs has been mostly dictated by disease and the need to slaughter millions of birds.

Moreover, I understand the (under/misinformed) complaint people have about rising egg prices as it pertains to kitchen table economics. However, from the perspective of what we're putting into our bodies and paying people a fair wage to do honest work, we should be complaining that eggs are too cheap.

Of all things, it continues to shock me how inexpensive eggs are. I've been paying $5-$7 for a dozen eggs from local producers for about ten years. They're noticeably more delicious, it's less impactful to the environment, the chickens are far less prone to disease, I assume the chickens are healthier and have a better diet, my dollars go towards a local economy not some billion dollar corporation on the other side of the country.