Saturday, April 19, 2025

 


                            

       More Trumpian Blithering B.S.        

 

An actual Donald Trump quote Friday, April 17th: President Trump weighed in on the cost of eggs around the country, claiming Friday at the White House that the prices are “getting too low.” Trump then praised Agriculture Secretary Brooke Rollins for doing a “great” job and then asserted that egg prices are “down 87 percent, but nobody talks about that.”  And: “You can have all the eggs. You watch, we have too many eggs. In fact, if anything, the prices are getting too low. So I just want to let you know that the prices are down,”

Fact: The highest recorded price for a dozen large Grade A eggs in the US was $8.15, according to the USDA, which was reached on March 4, 2025. This price was significantly higher than the average price of $4.95 per dozen in January 2025. Make no mistake about this; avian flu is the culprit, resulting in the following statistic: In December 2024 and January 2025, over 41.4 million domesticated birds were culled due to the H5N1 avian influenza outbreak. This brings the total number of birds affected to over 166 million, as of February 2025. The record number of chicken deaths, including those from culling, led to a surge in egg prices. Period. Trump claiming that his airhead SecAg had anything to do with egg prices is typical Trumpian rambling bloviation. If he’s speaking, he’s lying.

In truth, if egg prices were really down 87%, a dozen grade A large would cost $1.05 per dozen at retail. In truth, egg prices in the first three Trump months, are 64% higher than when he took office. Is that his fault? Of course not. Eggs are a market commodity and supply and demand drive prices. Fewer chickens means  fewer eggs, fewer eggs means higher prices. Period.

 Adam Smith understood that in 1776, when he published “On The Wealth of Nations.”  Donald Trump is an inveterate liar and an economic dunce.