Price of Eggs as Politicized Inflation Indicator

Continuing the discussion from Is the New York Times Pro-Trump?:

This web page from an egg producer is dated April 17, 2019:

Sauder’s Eggs

I can state for a fact that I am not a discerning connoisseur :grin:

But the big price rise actually started during the Trump administration:

Egg prices are skyrocketing - March 25, 2020

Chickens are cheap.

(I won’t describe the cost and hassle of keeping them fed and alive)

Honestly, I think the price went back down after the initial COVID bump and, in discount groceries, was well under a dollar towards the end of the Trump administration. This web page, with Aldi prices, seems to be from September 14, 2020:

Eggs — $0.58

Do voters really think that the President has control of prices like this? I do not know. But Harris is saying that it is in her power to do something about inflation, so I cannot blame voters for saying something similar.

P.S. While I do not think the President can keep inflation low when it is rising worldwide, there gets to a point, with enough economic mismanagement, where inflation gets very high. Inflation in Turkey is running at 50 percent or more. As explained here, Trumpy Turkish President Erdogan is responsible for Turkish inflation due to his interference with Turkey’s central bank (Federal Reserve equivalent):

Why inflation is skyrocketing under Erdogan (2022)

This illustrates the real economic danger of electing an authoritarian president who believes in exceeding his authority and appointing loyalists rather than technical experts…

Good grief, YES. Voters think the President can control the price of everything from eggs and all groceries to gasoline, rent and home prices. Have you really not been paying attention?

MAGAts/Republicans are more guilty of this but sadly there is a strong cohort of independents and even Democrats who think inflation is something the President can solve with a wave of his magic wand. And yet Socialism or socialism is of the Devil.

I’m so sick of how STUPID people are in this country.

When so many young people are choosing to be unemployed and feel entitled to someone coming to bail them out, eat out all the time, want goodies. Here’s the problem
There are stores and restaurants begging for staff. They are paying well. I mean you’re not gonna be buying a Mansion or a Mercedes. But I bet you can feed yourself.

I don’t care what Harris does, the prices won’t go down after they gone up. When in history has grocery prices followed that track to a great degree?
The only hope is wages meet somewhere where you can feed yourself. And you manage you Ps and Qs and mitigate your needs.

Spoiled bunch of Americans. So far in debt they’ll never see daylight.
Following influencers, wanting all that crap.

The biggie right now? Stanley water cups. I dare you to go price them.
Ridiculous.

As I understand it, the rise in the price of eggs over the past couple of years was mostly about avian flu and chickens needing to be destroyed.

Memories get faulty as you go back. I remember eggs being as low as 39¢ a dozen around Easter but honestly don’t recall if that was 2019 or 2015, just that I bought eggs to dye with the kids.

(I just did a search for “Eggs on sale at Jewel 2019” and got a result saying they were 88¢ on sale in May 2019. Won’t link because it was a copy of an ad in a FB Threads argument but there ya go)

Here in Canada, I cannot fathom how a dozen eggs could cost 59 cents. Even if the total production cost was zero, I can’t see how that would even cover transportation costs or the retailer’s markup. I’m used to paying between $5 and $7 for a dozen good quality large eggs from a free-run farm.

Anyway, back on topic, over in this post I shared a link to a Fox News article that included an infographic purporting to show how Biden has wrecked the economy and created rampant inflation. It’s a total lie. What these Republican assholes are doing is, if not outright lying, cherry-picking specific items that are not representative of the general trend in the Consumer Price Index. Like showing dramatic price increases in the price of gas in California (unwritten subtext: “all Biden’s fault!”) neglecting to mention that it’s due to state-specific issues and that nationally, overall energy prices have seen a significant decline since the start of the Biden administration, and that otherwise the CPI is only slightly higher than it was at the beginning of 2020. This whole “inflation” thing is just typical Republican disinformation to win elections.

And that, so you’d buy eggs to decorate at Easter, is why they were 39¢ a dozen, they were a ‘loss leader’.

And I’d bet big money that eggs were not the only thing being sold at a loss, See: Turkeys at Thanksgiving.

I’m struggling to understand what any of this has to do with the price of tea in outer Mongolia eggs, or inflation, or politics.

Yes, I recognize that. I suppose my point was that I haven’t seen them that cheap since even at Easter time. In fact, there’s been a few years where I don’t remember really seeing them on sale at all.

I assumed so, it fascinates me that so many other people are not aware that increases in the price of consumer goods can be a rabbit hole that even James Burke would be loath to go down.

I, for some reason, text people about the price of eggs every so often, it seems. Egg prices are particularly volatile. No idea why people are just noticing this now. In 2023, I see I was able to find eggs from $0.99/dozen to $6.99/dozen, depending on when in the year it was. January 2023 it was particularly bad.

Didn’t egg prices skyrocket a year or so ago, not due to any nefarious political schemes but because there was an outbreak of avian flu and a lot of laying hens died or were killed to contain the virus?

Dr. Annette Jones, the state veterinarian at the California Department of Food and Agriculture, said this is one of the largest outbreaks she’s seen in two decades.

“We’ve lost 30% of the egg layers in the state in the past two months,” she said.
Egg prices climb because of flu that infects chickens - Marketplace

Meanwhile, the inflation adjusted price of eggs has been between $2 and $3 for . . . the last 40 years!

And thanks to PhillyGuy for starting this thread. I probably should have done that in the first place.

During the pandemic, eggs got really cheap at my local chain grocery……47 cents for a dozen, 79 cents for a carton of 18.

I’m not sure why, but at those prices you were mostly paying for packaging. I don’t remember them being that cheap before the pandemic.

People that are using that pandemic pricing as a contract to today’s pricing are doing the same thing people do when they compare pandemic gas prices to prices today without acknowledging the price drop caused by the pandemic.