this post was submitted on 18 May 2025
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Economics
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What's the egg price at currently? Haven't heard of that for a while. Is it normalized of has it become the new normal?
The people that were vocal about it are quiet now cuz their orange daddy is in office.
It hasn't been talked about because they went way down, first at the wholesale commercial level, then at stores. Egg prices dropped 12% in April, the largest drop in 40 years, and wholesale prices dropped a while back but haven't yet been reflected in prices at the store shelf.
https://www.npr.org/2025/05/14/nx-s1-5397827/egg-prices-drop-inflation-bird-flu
Inflation in the US in April was at the lowest level since 2021, In large part due to energy going way down and food mostly rising only modestly.
https://www.bls.gov/news.release/archives/cpi_05132025.htm
Problem is, most of the media have exactly one goal of talking about how horrible things are under the president they didn't want. Be careful relying on both the media and this Lemmy community in particular because if you're relying on the information to make good decisions you'll be directly misled.
It's even arguable that Trump didn't cause the drop in egg prices or inflation and they represent the continuation of trends that were already turning that way, but it's good news so it will not get reported.
The example of eggs is a good example of the dangers of relying on biased sources -- they'll tell you one side of the story but not the other.
Strange, whenever I see the most watched cable news network they never seem to have anything bad to say about the current president.
That's why I was curious, the fact that I didn't hear from it. Thanks for the detailed and sourced information!