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Meanwhile in Sweden
(lemmy.world)
That's $3 for 15 eggs. Sadly not free-range, only cage-free.
Not sure if this is the best community for this post, does anyone have a better suggestion?
Excuse me, but Donald Trump never promised to make äggs cheaper for Americans.
Just eggs.
How is that going anyway?
He was talking about human eggs.
Ah, in that case all he had to do was devalue women. Mission accomplished!
That makes eggs more expensive in comparasion.
Women aren't buying them. Elon musk is buying them for his incubation vats. You know for his army of zef clones.
Do libs really believe Trump is causing the egg prices, or are y’all just trying to help keep bird flu out of the public discussion?
No, we don't think that Trump has the power to manipulate the prices like that. But his voters absolutely believed he would bring down grocery prices and specifically eggs. He also said that multiple times.
Well, egg prices will come down during his presidency, so that's an easy promise to fulfill by doing exactly nothing.
You'd have to ask them. I really believe Trump said he was going to lower the price of eggs. How's that working out?
To be fair, that's one campaign promise he'll make good on, because eventually the egg supply will return. He doesn't even need to do anything!
Doesn't mean it will come back cheaper though. Who's going to punish companies for price gouging now?
They did the last several times this happened (plus regular inflation), what makes this time different?
I'm guessing $2.50-3/dz at Costco, because they were ~$2.50/dz before the flu and inflation keeps trucking along.
I give it 6-ish months, and I'll be surprised if prices aren't below $3/dz at my local Costco by EOY.
Republicans controlling all three branches of government and looking the other way while businesses charge whatever the hell they feel like charging and collude to keep the prices artificially high.
Chickens go from egg to laying in about 6 months. So maybe I'll believe you if prices are still high ($4+/dz) at EOY. I'm guessing we'll be <$3/dz by then (at my local Costco, that is).
This literally already happened. And under Biden.
https://www.commondreams.org/news/kroger-egg-prices
But sure, it can't possibly happen again under Trump.
The underlying problem here was limited supply, and when supply drops, prices go up. When supply returned to normal, prices returned to normal (plus inflation). People were mad because Kroger (and others, but especially Kroger) acted exactly as you'd expect by making as much as they could from their limited supply. Look at Kroger's revenue, which grew pretty naturally, which means they offset reduced volume with higher margins.
So I absolutely expect the same thing to happen again, because it's a very similar situation. Prices will return to normal once supply returns to normal. The first companies to create supply get the most profit, and then prices stabilize.
This isn't some AG conspiracy or anything, just individual companies making greedy decisions, an which eventually will even out to the previous status quo. Kroger does not (yet) have a monopoly, so their prices are capped at whatever is the tipping point at which people will go to a competitor or go without. It's not nice, but it's also not surprising.
The guy admitted to price fixing and you're just pretending he didn't. Baffling.
I don't see anything about price fixing in that article, I just see "price gouging." My increment understanding is that companies can set their prices however they choose, unless they're a monopoly (obviously varies by jurisdiction).
Price fixing (colluding with other companies on setting prices) is illegal, price gouging (increasing prices unnecessarily) isn't.
I'm not making a value statement here, in fact I'm trying very hard to keep personal opinions out of it. I'm merely saying that this looks just like every other time supply has been disrupted, and like every other time, prices will come back down.
You know how people can not say things but those things are still true?
https://en.wikipedia.org/wiki/Price_gouging
This was not localized or short-term.
But apparently you are very big on "hail corporate" capitalism, so I clearly will not be able to convince you that corporations may possibly not have your best interests in mind.
I 100% agree with that, but that doesn't make then evil in much the same way that a bear isn't evil even though it wants to maul you.
Corporations are greedy and exist to maximize profit. They can sometimes appear to align with your interests, but that's not because some corporations are "good" and others are "evil," but because their selfish incentives happen to align with your selfish incentives.
In other words, if a corporation is abusing the system, we need to fix the system, not the corporation. Price gouging shouldn't be illegal, it should be unprofitable. Making it illegal means trusting politicians and judges to be incorruptible, whereas making it unprofitable fixes itself. That's hard, but it'll be a lot more effective.
Your idea to use capitalism to fight capitalism is noted.
Something tells me it's already been tried. Over and over. For around three centuries.
And it has worked reasonably well, on net, for those centuries. As Winston Churchill popularized:
The same can be said for capitalism. Politicians think the answer lies in regulation, but that leads to cronyism, which is to blame for most of the crap we deal with.
Don't get me wrong, I'm not saying "deregulate all the things," I'm saying we need to be arresting and jailing execs instead of fining companies (and increasing fines), busting up monopolies, etc. If that means we need to remove some regulations and whatnot, fine, but dramatically increase the penalties for breaking the law. Government needs to be as separate as possible from the market to be effective, just like a coach can't be a good referee when their team is on the field.
Yes, again, your pro-capitalist views are noted. And they explain a lot.
👍
If you have a suggestion for a system that is proven to work better and not devolve into authoritarianism (or at least not as quickly), I'm all ears.
I think we're better off fixing the system we have, which to me means:
Throwing everything out and trying something new more often results in authoritarianism and/or poverty than freedom and prosperity.
Why does it have to have been proven to work better in order to try it? What a regressive way of looking at the world.
Because changing a whole economic/government system has proven to have a very high chance of failure, resulting in people being even worse off. For every success story, there are dozens of failures.
So unless you have a gradualist/reformist approach that either has been proven or is easy to back out of, I'm not interested.
👍
Why would I have to ask “them”? You’re right here standing on the claim.
Of course Trump can’t do anything to lower the price of food. Neither party is capable of doing that, because neither is willing to fight corporate grocers and farmers. But I notice both the libs & conservatives are working hand-in-hand to deny coverage to the bird flu outbreak. Putting the egg price on Trump just seems like your side’s version of pandemic denial in service of Big Ag.
Sorry, I am not a "lib" and you wanted to know what they thought. I cannot help you there.
And if you don't want to be laughed at for not being able to keep your stupid pledges, don't make stupid pledges.
What "side" am I on anyway? You seem to know a lot about me, so please inform me.
I dunno. I guess another ideology that’s comfortable with spreading Big Ag disinfo. Trying to also spin it into a Trump own implied lib.
You tell me. What political ideology is driving you to post nonsense?
So, making a shit post joke about how Trump pledged to bring down the cost of eggs, thus having his cult believe the prices of eggs were going to go down due to him, and they a currently rising, with no end in sight, because the president doesn't control the price of eggs, is spreading AG prop and trying to cover up the fact that the bird flu is raising the prices?
You must have extremely long arms to be able to reach that far.
There are Olympics level mental gymnastics going on with that one. I wouldn't spend too much time trying to figure out what they're going on about. It's a level of stupidity mere mortals cannot fathom.
It almost feels like some sort of AI bot framed to make people angry, for not being leftist enough, or something, with the underlying intent to create a shame response to criticisms of like trump, I guess... such a weird thing to go off about.
I don't know. Maybe they're right. Maybe I should only joke about things in a serious way.
How could I have forgotten the gold rule, no fun on the grad!
What political ideology is driving me to post nonsense in c/funny...
You know, I'll have to ponder that one.
Big Ag likes the Orange Numbnuts. Farm subsidies, SOCIALISM, increased from $4 billion to over $20 billion because of his failed trade war against China. Guess who received that pile of cash for nothing? Big Ag. Jan 2025 to Jan 2029 will be a catastrophic repeat and prices will go through the roof under the GOP. The illegal labor used in the entire food industry chain, mostly in red counties, will also cause prices to increase. The latest bird flu case broke out in the red run deregulated welfare state of Louisiana and I'm certain the farmer over filled the chicken batteries to maximize profits.