Trump furiously spins to blame Joe Biden after bad new inflation data
1 month, 2 weeks ago

Trump furiously spins to blame Joe Biden after bad new inflation data

Raw Story  

Inflation data released on Wednesday showed that prices unexpectedly grew in January, the first month of President Donald Trump's second term. "Egg prices, a closely watched symbol of rising costs, soared 53% in January compared to a year ago," ABC News writes. "Beef prices climbed 5% and bacon prices jumped 6% in January compared to a year ago, data showed." President Donald Trump, who vowed to bring down grocery prices on "Day 1" of his presidency, took to Truth Social after the report was released and rushed to pin the blame on President Joe Biden.

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History of this topic

Trump is claiming credit for plummeting egg costs. So why haven’t you noticed lower prices?
1 week, 2 days ago

Trump is claiming credit for plummeting egg costs. So why haven’t you noticed lower prices?

CNN  

New York CNN — The Trump administration is declaring victory for defeating a massive pain point for inflation-weary Americans: Egg prices are plunging. White House Press Secretary Karoline Leavitt said at a press briefing Monday that falling egg prices show the administration is working quickly and diligently to solve America’s affordability crisis. “So I think the American people do have …

USA’s egg-o-nomic crisis: Netizens troll Trump as he asks Denmark for help after Greenland threats
1 week, 2 days ago

USA’s egg-o-nomic crisis: Netizens troll Trump as he asks Denmark for help after Greenland threats

Hindustan Times  

The United States is currently in the midst of a “scramble” — but not the kind many Americans are used to making for breakfast. The US has asked Denmark to export eggs to help tackle America’s ongoing shortage The price hikes have left many questioning how a nation as powerful and resource-rich as the United States could find itself facing …

'A beautiful thing': Trump brags egg prices have 'come down a lot' — despite them soaring
2 weeks ago

'A beautiful thing': Trump brags egg prices have 'come down a lot' — despite them soaring

Raw Story  

As President Donald Trump showcased Tesla electric vehicles on the South Lawn of the White House on Tuesday, he faced questions about the timing of what is being called a “car commercial.” With stock markets tumbling—taking retirement accounts with them—and some Americans grappling with job uncertainty, some wondered about his decision to highlight automobiles made by a company run by …

Inflation cooled in February, but Trump's trade war threatens to raise prices
2 weeks, 1 day ago

Inflation cooled in February, but Trump's trade war threatens to raise prices

Salon  

If your wallet has whiplash from an uncertain economy, here's a bit of welcome news: Inflation eased more than expected last month. A report released by the Bureau of Labor Statistics on Wednesday showed the Consumer Price Index — a measure of average change in prices paid by consumers over time — increased by 0.2% in February, down from a …

Egg prices are finally falling. But they’re about to spike again
Trending News
2 weeks, 1 day ago

Egg prices are finally falling. But they’re about to spike again

CNN  

New York CNN — There may be some cracks forming in the egg market. Agriculture Secretary Brooke Rollins last month announced a plan to invest $1 billion in strategies to rein in soaring egg prices but acknowledged in an op-ed in the Wall Street Journal that it “won’t erase the problem overnight.” She said the egg market won’t stabilize for …

'Shut Up About Egg Prices': Trump Shares Brazen Message About High Costs
2 weeks, 2 days ago

'Shut Up About Egg Prices': Trump Shares Brazen Message About High Costs

Huff Post  

LOADING ERROR LOADING President Donald Trump, who promised to cut the cost of groceries on his first day in office, now seems to have a much different take on high prices as he shared a column with a very blunt headline: “Shut Up About Egg Prices ― Trump Is Saving Consumers Millions.” Trump posted a link to the Feb. 17 …

Why should America worry about Trump? Try the price of eggs, some Democrats say
2 weeks, 5 days ago

Why should America worry about Trump? Try the price of eggs, some Democrats say

LA Times  

Outside the Texas Capitol in Austin, an activist holds up a sign about egg prices during a protest Tuesday against the Trump administration’s policies. “I’m not saying we shouldn’t worry about those things, because we should and they are important, but they are not primary in the minds of the people in Saginaw, Mich.” The message underscores the Democratic ecosystem’s …

Trump slammed Harris' 'communist' price-gouging plan — but his DOJ is probing just that
2 weeks, 5 days ago

Trump slammed Harris' 'communist' price-gouging plan — but his DOJ is probing just that

Raw Story  

President Donald Trump's Justice Department is opening a federal investigation into whether the nation's largest egg suppliers are engaging in price fixing or collusion — a 180-degree reversal from the GOP's position on the subject when egg prices surged two years ago under President Joe Biden, reported the Wall Street Journal on Friday. Despite the disruptions to the supply chain, …

Why should America worry about Trump? Try the price of eggs, say some Democrats
2 weeks, 5 days ago

Why should America worry about Trump? Try the price of eggs, say some Democrats

Associated Press  

NEW YORK — As their party struggles to navigate the early days of Donald Trump’s second presidency, some Democrats are convinced that their road to recovery lies in the price of eggs. “When that is your day-to-day worry, the philosophical conversations about a constitutional crisis or the democracy is simply not a luxury you can afford,” Rep. Kristen McDonald Rivet, …

Commentary: Trump promised lower food prices immediately, but I gave him six weeks. Here's my grocery bill
3 weeks ago

Commentary: Trump promised lower food prices immediately, but I gave him six weeks. Here's my grocery bill

LA Times  

Last year, it wasn’t uncommon to hear voters cite the price of groceries — including eggs — as a pivotal issue for them, and among those who said inflation in general was the most important issue, two-thirds of them voted for President Trump, according to one survey. But he yanked his Day 1 promise and pointed a finger, saying Biden …

What’s in Trump’s $1bn plan to bring egg prices down?
1 month ago

What’s in Trump’s $1bn plan to bring egg prices down?

Al Jazeera  

A dozen eggs in the US currently cost $4.95, an all-time high. “American farmers need relief, and American consumers need affordable food,” wrote Trump’s Agriculture Secretary Brooke Rollins in a Wall Street Journal editorial. “To every family struggling to buy eggs: We hear you, we’re fighting for you and help is on the way.” But just how bad is the …

Trump promised to lower egg prices on ‘day one.’ Now his administration admits there’s no ‘silver bullet’
1 month ago

Trump promised to lower egg prices on ‘day one.’ Now his administration admits there’s no ‘silver bullet’

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy During the campaign, President …

Democrats smell an egg scam in the US as prices soar, demand probe
Trending News
1 month ago

Democrats smell an egg scam in the US as prices soar, demand probe

Firstpost  

According to statistics from the US Bureau of Labour Statistics and the CDC, egg costs reached a record high in January as avian influenza continues to decimate flocks around the country, including in Maryland On her first day on the job, the new US Department of Agriculture Secretary Brooke Rollins convened a meeting to discuss the agency’s options for managing …

Trump is one month in and Americans are already mad at him about inflation
1 month ago

Trump is one month in and Americans are already mad at him about inflation

CNN  

CNN — On the campaign trail, President Donald Trump vowed repeatedly that he’d bring prices down “starting on Day One” if elected. And despite Trump’s promise to “drill, baby, drill” to bring gas prices down, Americans are paying four cents more for a gallon of regular fuel on average than when he returned to the White House on January 20, …

'Are your grocery bills lower?' Ad targets soaring price of eggs under Trump
1 month, 1 week ago

'Are your grocery bills lower?' Ad targets soaring price of eggs under Trump

Raw Story  

As Republicans in Washington, D.C., work to give the wealthy more tax cuts by targeting programs that help millions of American families, critics on Friday called out U.S. President Donald for his "broken promises to working people." The American Federation of Teachers and MomsRising announced in a Friday statement that they partnered up for an electronic AFT president Randi Weingarten …

It’s easy to guess why Trump has quit talking about inflation
1 month, 1 week ago

It’s easy to guess why Trump has quit talking about inflation

Live Mint  

President Donald Trump has taken a sledgehammer to the US federal government, renamed the Gulf of Mexico, revived plastic straws and pledged to own Gaza, but has done little to address inflation. “No, I think we’re gonna become a rich, look, we aren’t that rich right now, we owe $36 trillion, that’s because we let all these nations take advantage …

Inflation is Trump’s problem now
1 month, 2 weeks ago

Inflation is Trump’s problem now

CNN  

New York CNN — President Donald Trump has a rhetorical style that can be hard to follow. The “Biden inflation” he’s referring to is the Consumer Price Index, which went up 3% year-over-year in January — the fastest pace since June. “Blame Biden” satisfies Trump’s need for a simple-to-understand villain, regardless of its accuracy. Trump’s economic agenda doesn’t have much …

Trump faces uphill battle to fulfill campaign promise to cut costs as inflation rises to 3% in January
1 month, 2 weeks ago

Trump faces uphill battle to fulfill campaign promise to cut costs as inflation rises to 3% in January

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The price of groceries, gas, and used cars are increasing with the rise in …

U.S. consumer inflation unexpectedly up, Trump blames Biden
Trending News
1 month, 2 weeks ago

U.S. consumer inflation unexpectedly up, Trump blames Biden

Raw Story  

by Daniel AVIS U.S. consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden. "The jump in consumer prices in January supports our view that the Fed will hold rates steady at least through of this year," Nationwide chief economist …

Trump’s Grocery Prices Promise Hit By Surging Inflation
1 month, 2 weeks ago

Trump’s Grocery Prices Promise Hit By Surging Inflation

Huff Post  

LOADING ERROR LOADING President Donald Trump’s election promise to bring down the cost of living took a bruising Wednesday as figures showed that U.S. inflation surged last month. The unexpectedly hot inflation figures blow a hole in one of Trump’s biggest pledges on the campaign trail. We’re going to get the prices down.” Yet shortly after the election, Trump started …

U.S. inflation worsened last month as the cost of groceries and gas moved higher
1 month, 2 weeks ago

U.S. inflation worsened last month as the cost of groceries and gas moved higher

LA Times  

The cost of a carton of eggs at a Safeway in Seattle topped $13 in January. U.S. inflation accelerated last month as the cost of groceries, gas and used cars rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal Reserve’s resolve to delay any further interest rate cuts. President Trump pledged to reduce …

High egg prices weren’t Biden’s fault. They’re not Trump’s either, but they’re his problem now
1 month, 2 weeks ago

High egg prices weren’t Biden’s fault. They’re not Trump’s either, but they’re his problem now

CNN  

New York CNN — The soaring price of eggs has alarmed consumers and the agriculture industry, and practically everyone in Washington is pointing fingers in various directions to direct blame. Industry leaders including the American Egg Board are calling for a “comprehensive response” to the virus to stop the spread and stop prices from rising. Last week, pushing back, White …

Is US egg shortage Biden’s fault, as Trump spokesperson claims?
1 month, 3 weeks ago

Is US egg shortage Biden’s fault, as Trump spokesperson claims?

Al Jazeera  

Karoline Leavitt blames Biden for egg shortage, but killing infected birds was Trump’s policy, too President Donald Trump promised to lower prices for groceries, including eggs. A USDA bird flu response plan, updated in May 2017 during Trump’s first administration, incorporates policy guidance based on lessons from influenza outbreaks during the Obama and first Trump administrations. Our ruling Leavitt said …

The real reason behind skyrocketing egg prices... and why they are likely to shoot up even more this year
1 month, 3 weeks ago

The real reason behind skyrocketing egg prices... and why they are likely to shoot up even more this year

Daily Mail  

Egg prices are soaring across the country, and are set to climb even further this year. Shoppers across the country are already paying more than double the average price, and some are even reporting finding empty shelves at their local grocery store. Egg prices are soaring across the country, and are set to climb even further this year At Market …

White House blames Biden for killing ‘100 million chickens,’ refuses to admit Trump broken vow on costly eggs
1 month, 3 weeks ago

White House blames Biden for killing ‘100 million chickens,’ refuses to admit Trump broken vow on costly eggs

The Independent  

Sign up for our free Health Check email to receive exclusive analysis on the week in health Get our free Health Check email Get our free Health Check email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy White House Press Secretary Karoline Leavitt on Tuesday blamed soaring egg …

Trump White House blames high egg costs on Biden's 'mass killing' of chickens
1 month, 3 weeks ago

Trump White House blames high egg costs on Biden's 'mass killing' of chickens

Raw Story  

President Donald Trump pledged to bring down grocery prices on "Day One," but instead, egg prices have soared. The mortality rate for birds infected with bird flu "can cause disease that affects internal organs as high 90% or even 100% in chickens, often within 48 hours," the Center for Disease Control said. Updated information on the bird flu outbreak will …

Price of eggs: Democrats have no idea what to do about this.
1 month, 3 weeks ago

Price of eggs: Democrats have no idea what to do about this.

Slate  

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. To wit, this man in a New York Times voter focus group in August 2023, talking about how it was time to get Donald Trump back in office to do something about the eggs: I hope that people can …

Trump is engineering 'a recession-level event': economist
2 months ago

Trump is engineering 'a recession-level event': economist

Raw Story  

President Donald Trump's new operations to deport undocumented immigrants have already spooked large numbers of agricultural workers who are staying away from their jobs for fear of being caught up in an Immigration and Customs Enforcement raid. In an interview with The New Republic, Cal State-Bakersfield economics professor Richard S. Gearhart warned that the loss of farm workers could portend …

Trumponomics is back: Tech-bros are delighted, but the price of eggs is soaring
2 months ago

Trumponomics is back: Tech-bros are delighted, but the price of eggs is soaring

Salon  

During the presidential campaign last year, Donald Trump made a series of speeches and appearances at economic clubs around the country. Trump evidently believes he won the election because he used the word "groceries," which he thinks was a unique and brilliant innovation that he was the first to deploy in a presidential campaign. As NBC News reports, one of …

'Soaring': Price of grocery staple Trump promised to make cheaper hits new record high
2 months ago

'Soaring': Price of grocery staple Trump promised to make cheaper hits new record high

Raw Story  

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. 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 …

Trump ran on promise to lower grocery prices — few Americans now believe he will
2 months, 1 week ago

Trump ran on promise to lower grocery prices — few Americans now believe he will

Raw Story  

Just days before he is set to raise his right hand and place his left on a Bible to swear an oath to the Constitution, President-elect Donald Trump faces low public confidence in his ability to fulfill one of his top campaign promises: lowering the price of groceries. “From the day I take the oath of office, we’ll rapidly drive …

Americans 'seem to be catching on' to harsh reality of Trump's campaign pledge: columnist
3 months ago

Americans 'seem to be catching on' to harsh reality of Trump's campaign pledge: columnist

Raw Story  

Americans are starting to wise up to the harsh reality that President-elect Donald Trump has no plan – and never did – to cut prices and bury inflation woes, according to a Washington Post columnist. And that could result in an expensive four years for consumers – many of whom fearing high prices are already stocking up on goods, Catherine …

Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices
3 months, 2 weeks ago

Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices

Huff Post  

LOADING ERROR LOADING President-elect Donald Trump admitted in an interview with Time magazine that it will be difficult for him to reduce consumer prices, contrary to statements he made on the campaign trail this year. “You just watch: They’ll come down, and they’ll come down fast, not only with insurance, with everything.” “We will end inflation and make America affordable …

New inflation numbers threaten Trump and GOP's plans for tax cuts and tariffs: report
3 months, 2 weeks ago

New inflation numbers threaten Trump and GOP's plans for tax cuts and tariffs: report

Raw Story  

New Labor Department data released Wednesday showed stubborn inflation continued, which could make it difficult for President-elect Donald Trump and his GOP allies to pass certain legislation they've planned. While the consumer price index increased 2.7 percent in November from 2023, it was also larger than September's 2.4 percent rise, The Washington Post reported. "While Trump criticized President Joe Biden’s …

US inflation rose for second straight month: What are the challenges for Trump now?
3 months, 2 weeks ago

US inflation rose for second straight month: What are the challenges for Trump now?

Firstpost  

President-elect Donald Trump has made tackling inflation and reducing the cost of living a cornerstone of his campaign. However, the recent uptick in inflation suggests the road ahead may be more complex than anticipated Inflation in the United States ticked up for the second consecutive month in November. The consumer price index, a key measure of inflation, rose to 2.7 …

US inflation rises 2.7% YoY in November, logs highest gain in seven months; Wall Street awaits US Fed verdict
3 months, 2 weeks ago

US inflation rises 2.7% YoY in November, logs highest gain in seven months; Wall Street awaits US Fed verdict

Live Mint  

US Inflation Report November 2024: US inflation accelerated for a second straight month in November 2024, reporting the steepest gain in the last seven months amid higher food prices and other sectors. US Inflation Report November 2024: Key Metrics The CPI rose 0.3 per cent last month, the largest gain since April after advancing 0.2 per cent for four straight …

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years
4 months, 1 week ago

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years

CNN  

New York CNN — Americans are shelling out 22% more for groceries compared to when President Joe Biden took office in January 2021, according to October Consumer Price Index inflation data. “That’s going to bring down prices of everything.” Weekly US crude oil production just hit a new record of 13.5 million barrels per day, according to federal data dating …

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years
4 months, 1 week ago

High grocery prices got droves of Americans to vote for Trump but they shouldn’t expect to pay less over the next four years

CNN  

New York CNN — Americans are shelling out 22% more for groceries compared to when President Joe Biden took office in January 2021, according to October Consumer Price Index inflation data. “That’s going to bring down prices of everything.” Weekly US crude oil production just hit a new record of 13.5 million barrels per day, according to federal data dating …

Food prices worried most US voters, but Trump's plans likely won't lower their grocery bills
4 months, 1 week ago

Food prices worried most US voters, but Trump's plans likely won't lower their grocery bills

New Indian Express  

Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their grocery bills. And many economists think Trump's plans, including putting tariffs on imported foods and deporting undocumented workers, could actually make food prices rise. Asked how he would lower grocery prices during a September town hall in Michigan, Trump said …

Trump is fixated on bacon prices. He's not making the point he intends
6 months, 3 weeks ago

Trump is fixated on bacon prices. He's not making the point he intends

LA Times  

It was then-President Trump who botched the pandemic response and sent the economy reeling, so it doesn’t resonate when he tries to fault the current administration. As late as Aug. 31 that year, Trump was still telling the country: “It’s going to go away.” But in 2020, thousands of people were dying daily, the supply chain was at a standstill …

'We don't eat bacon anymore': Rally witness claims Trump rants are getting more 'surreal'
8 months, 2 weeks ago

'We don't eat bacon anymore': Rally witness claims Trump rants are getting more 'surreal'

Raw Story  

Former President Donald Trump's campaign rally in South Florida was a sign that his rants are getting even more bizarre than ever, wrote Richard Luscombe for The Guardian after witnessing the event. Bacon prices in the last full year of Trump's presidency averaged $5.58 per pound, peaked at $7.31 per pound in 2022, and at the last monthly statistics stood …

Inflation slows but remains elevated, a sign price pressures are easing only gradually
1 year, 1 month ago

Inflation slows but remains elevated, a sign price pressures are easing only gradually

LA Times  

U.S. consumer prices rose more than expected in January, further reducing the chances that Federal Reserve officials will start lowering interest rates soon. At his most recent news conference, Fed Chair Jerome H. Powell singled out persistently high services prices as a concern and indicated the central bank’s policymakers would like to see services inflation ease further before starting to …

US inflation hits 40-year high, rising 7.9 per cent in February
3 years ago

US inflation hits 40-year high, rising 7.9 per cent in February

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Inflation hit another 40-year high as the Consumer Price Index …

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