"Things Cost Less With the Former Guy"

By Jason Stoff

It’s so frustrating that Trump may win another term as president based on the price of eggs.

“Things used to cost less”

Yeah, they did. Today’s prices will be cheaper than tomorrow’s too. That’s how time and prices work for most items, especially food.

When I was in high school, gas cost less than a dollar a gallon. Now it doesn’t. Time marches on, and prices go up, on average, over time.

That’s just how it works.

Sometimes, some prices do go down! That’s usually because of a significant change to a business model. TVs are (relatively) cheap now because the current business model incentivizes big, cheap TVs that provide sellable advertising real estate, while at the same time TV manufacturers collect and sell viewership data. They make money over the lifetime usage of the device, not just at the moemnt of sale. So TVs can be cheap.

Eggs, thus far, do not have an alternative business model.

And, of course, we are just now coming out of the massive, economy disrupting pandemic called Covid. That’s the source of the steep increase in prices over the past four years. Of course, those were not fun times, so nobody wants to remember the fear, uncertainty and isolation of those days.

Eggs, in fact, were harder to come by due to bouts of bird flu — when animals die, they can’t produce eggs, and supply is constrained.