Image: Shutterstock
January 23, 2025
ALTERNET
Donald Trump made the economy a major focus of his 2024 campaign, repeatedly blaming then-President Joe Biden and then-Vice President Kamala Harris for inflation. And that messaging worked: Trump narrowly defeated Democratic nominee Harris and returned to the White House on Monday, January 20, 2025.
The price of eggs was often mentioned during the 2024 race, and a recurring message from Trump was that he was "going to get the prices down" for "groceries, cars, everything." The price of eggs in particular was a major concern for voters, given how high prices soared under Biden's leadership during the Covid-19 pandemic.
But according to The New Republic's Edith Olmsted, the price of eggs has not decreased since Trump's inauguration. In fact, Olmsted — citing Consumer Price Index data — notes that egg prices hit an all-time high on the third day of Trump's second presidency.
Egg prices in the United States, Olmsted warns in an article published on January 23, could become even higher if the Trump administration drops the ball with the bird flu.
"Donald Trump's decision to press pause on communications from health organizations amid an escalating bird flu breakout could take America's soaring egg prices and make them even worse," Olmsted explains. "The consumer price index found that egg prices have increased 36.8 percent from this time last year, and experts believe the increase in price is the result of avian influenza, which is rapidly depleting the supply of chickens."
The New Republic reporter adds, "If one bird is infected, farms are required by law to cull the entire flock."
In an Axios article published on January 21, reporters Nathan Bomey and Kelly Tyko report that the "escalating bird flu crisis is ravaging the nation's supply of eggs, leading to increased prices and presenting an immediate challenge for the Trump Administration.
READ MORE: 'Where did he get this idea?' MAGA think tank behind 'reckless and ruthless' Trump policy
According to Bomey and Tyko, "Some retailers are limiting how many eggs consumers can purchase while others are having a hard time keeping shelves stocked."
Jason Hart, CEO of grocery chain Aldi, told Axios, "It's really a crazy situation and an unfortunate situation for consumers because the supply situation is what it is due to the bird flu."
Read The New Republic's full article at this link and Axios' reporting here.
ALTERNET
Donald Trump made the economy a major focus of his 2024 campaign, repeatedly blaming then-President Joe Biden and then-Vice President Kamala Harris for inflation. And that messaging worked: Trump narrowly defeated Democratic nominee Harris and returned to the White House on Monday, January 20, 2025.
The price of eggs was often mentioned during the 2024 race, and a recurring message from Trump was that he was "going to get the prices down" for "groceries, cars, everything." The price of eggs in particular was a major concern for voters, given how high prices soared under Biden's leadership during the Covid-19 pandemic.
But according to The New Republic's Edith Olmsted, the price of eggs has not decreased since Trump's inauguration. In fact, Olmsted — citing Consumer Price Index data — notes that egg prices hit an all-time high on the third day of Trump's second presidency.
Egg prices in the United States, Olmsted warns in an article published on January 23, could become even higher if the Trump administration drops the ball with the bird flu.
"Donald Trump's decision to press pause on communications from health organizations amid an escalating bird flu breakout could take America's soaring egg prices and make them even worse," Olmsted explains. "The consumer price index found that egg prices have increased 36.8 percent from this time last year, and experts believe the increase in price is the result of avian influenza, which is rapidly depleting the supply of chickens."
The New Republic reporter adds, "If one bird is infected, farms are required by law to cull the entire flock."
In an Axios article published on January 21, reporters Nathan Bomey and Kelly Tyko report that the "escalating bird flu crisis is ravaging the nation's supply of eggs, leading to increased prices and presenting an immediate challenge for the Trump Administration.
READ MORE: 'Where did he get this idea?' MAGA think tank behind 'reckless and ruthless' Trump policy
According to Bomey and Tyko, "Some retailers are limiting how many eggs consumers can purchase while others are having a hard time keeping shelves stocked."
Jason Hart, CEO of grocery chain Aldi, told Axios, "It's really a crazy situation and an unfortunate situation for consumers because the supply situation is what it is due to the bird flu."
Read The New Republic's full article at this link and Axios' reporting here.
Trump Rescinds Biden Order Aimed at Lowering Prescription Drug Prices
"Trump is again proving that he lied to the American people and doesn't care about lowering costs—only what's best for himself and his ultra-rich friends."
In a photo illustration, prescription drugs are seen in pill bottles on July 23, 2024 in New York City.
(Photo: Spencer Platt/Getty Images)
Jake Johnson
Jan 21, 2025
COMMON DREAMS
As part of a flurry of executive actions on the first day of his second White House term, President Donald Trump on Monday rescinded an order signed by his predecessor that aimed to develop programs to lower prescription drug prices in the United States—where residents pay far more for medications than people in peer countries.
News of Trump's rollback of Executive Order 14087—titled Lowering Prescription Drug Costs for Americans—was buried amid dozens of other rescissions the president ordered shortly following his inauguration.
The decision to scrap Executive Order 14087 brings to a halt several pilot programs undertaken by the Center for Medicare and Medicaid Innovation, including an experiment that involved offering generic medications for a $2 copay to Medicare Part D recipients.
"This act is a good indication of how Trump will approach lower drug prices," Social Security Works, a progressive advocacy group, wrote in response to Trump's rescission of President Joe Biden's executive order.
Larry Levitt, executive vice president for health policy at KFF, added that "the big question, which Trump hasn't addressed yet, is what he’ll do with government negotiation of drug prices under the Inflation Reduction Act."
Just days before Trump took office, the Biden administration announced a fresh slate of 15 medications set to be subject to direct price negotiations between the federal government and pharmaceutical companies, many of which have sued over the negotiation program—thus far unsuccessfully.
Reutersreported last week that the powerful pharmaceutical lobby has been pushing Trump's team to back changes to the Inflation Reduction Act that would weaken the price-negotiation provisions.
"Donald Trump is already following through on his dangerous plans to jack up the costs of drugs to appease his billionaire backers after the Biden-Haris administration took on Big Pharma and won," Alex Floyd, rapid response director for the Democratic National Committee, said in a statement. "Trump is again proving that he lied to the American people and doesn't care about lowering costs—only what's best for himself and his ultra-rich friends."
Responding more broadly to the president's day-one wave of unilateral actions—which included attacks on immigrants and the climate—Working Families Party national director Maurice Mitchell said Tuesday that "Trump's flood of executive orders is just a cheap spectacle meant to distract us while his administration moves to gut our healthcare and SNAP benefits."
"Immigrant families aren't the reason we can't afford eggs or prescription drugs; billionaire CEOs are," Mitchell added.
"Trump is again proving that he lied to the American people and doesn't care about lowering costs—only what's best for himself and his ultra-rich friends."
In a photo illustration, prescription drugs are seen in pill bottles on July 23, 2024 in New York City.
(Photo: Spencer Platt/Getty Images)
Jake Johnson
Jan 21, 2025
COMMON DREAMS
As part of a flurry of executive actions on the first day of his second White House term, President Donald Trump on Monday rescinded an order signed by his predecessor that aimed to develop programs to lower prescription drug prices in the United States—where residents pay far more for medications than people in peer countries.
News of Trump's rollback of Executive Order 14087—titled Lowering Prescription Drug Costs for Americans—was buried amid dozens of other rescissions the president ordered shortly following his inauguration.
The decision to scrap Executive Order 14087 brings to a halt several pilot programs undertaken by the Center for Medicare and Medicaid Innovation, including an experiment that involved offering generic medications for a $2 copay to Medicare Part D recipients.
"This act is a good indication of how Trump will approach lower drug prices," Social Security Works, a progressive advocacy group, wrote in response to Trump's rescission of President Joe Biden's executive order.
Larry Levitt, executive vice president for health policy at KFF, added that "the big question, which Trump hasn't addressed yet, is what he’ll do with government negotiation of drug prices under the Inflation Reduction Act."
Just days before Trump took office, the Biden administration announced a fresh slate of 15 medications set to be subject to direct price negotiations between the federal government and pharmaceutical companies, many of which have sued over the negotiation program—thus far unsuccessfully.
Reutersreported last week that the powerful pharmaceutical lobby has been pushing Trump's team to back changes to the Inflation Reduction Act that would weaken the price-negotiation provisions.
"Donald Trump is already following through on his dangerous plans to jack up the costs of drugs to appease his billionaire backers after the Biden-Haris administration took on Big Pharma and won," Alex Floyd, rapid response director for the Democratic National Committee, said in a statement. "Trump is again proving that he lied to the American people and doesn't care about lowering costs—only what's best for himself and his ultra-rich friends."
Responding more broadly to the president's day-one wave of unilateral actions—which included attacks on immigrants and the climate—Working Families Party national director Maurice Mitchell said Tuesday that "Trump's flood of executive orders is just a cheap spectacle meant to distract us while his administration moves to gut our healthcare and SNAP benefits."
"Immigrant families aren't the reason we can't afford eggs or prescription drugs; billionaire CEOs are," Mitchell added.
No comments:
Post a Comment