How egg prices work (according to progressives)
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Hey, if leftists understood economics they wouldn't be leftists.
It’s always fun talking to them about anything bad happening economically and them blaming it all on republicans when it’s typically always when dems are in office. I don’t trust most data at this point, but I personally had the best financial years of my life under Trump, which is true of most people I know. Talked to a lefty and he said “no, things were horrible under Trump!” He had also still had the best financial years of his life under Trump. And once Trump’s out of office, now everything’s Trump’s fault, despite the guy in power actively doing things to make the economy worse.
Say that about any other topic and nobody’d even take you seriously. Add in any confusion and uncertainty, and people will believe anything.
I love the cope of "The Economy is 100% reflective of what happened 4 years ago, not what's happening now!" Except during the forced lockdowns/restrictions lifted.
In the Soviet Union, innocent people would make excuses for the government as they were be taken away in chains to be tortured, starved or executed in the Gulags, saying things like "it's just a mistake, if Stalin knew I was innocent this wouldn't be happening".
Some people simply do not have the capacity to understand the truth and will live in denial their entire lives just so they can continue to live in their delusion.
Funny how “corporate greed” keeps raising all the prices of everything all around us while democrats are printing money and trying to raise the debt ceiling yet again.
By the way, this is 100% accurate. I have leftist family members that accused inflation and gas prices on "corporate greed".
I sent this meme to one of my leftist family members and he responded by saying it's true that corporate greed is the reason for egg price increases.
Its funny, because its almost always certain to be a factor. Executives and the guys near the top aren't going to take pay cuts if profits aren't the same this fiscal year, they will push those costs down the chain to the lower tier worker or the consumer. Anyone whose ever worked for a corporation has seen at least 1 memo about "company lost too much money (due to its own idiocy), cutting basic necessities to do the job."
But we can't even begin to have that conversation, because the Left will take that inch and run the mile of ignoring every other factor involved.
Yes. Also, companies profiting isn't a problem when the market is highly competitive. The problem of profit arises when there is limited competition and that almost is always caused by government involvement, due to corruption or incompetence. The leftists solution to corporate greed tends to be more government involvement which then just hinders the market and exasperates the same problem they are trying to fix. Furthermore, high prices in themselves aren't necessarily a bad things, it's just a reflection of higher demand give a supply. This is good because the higher prices lead to higher profits which then leads to higher supply as more people try to produce the product in order to benefit from the higher profits. Trying to set prices tends to just lead to supply shortages which just again, exasperates the problem.
In almost all circumstances, leftists just make the problems worse and don't ever understand the underlying problems that need fixing.
Why is the supply of eggs low given the demand such that prices can be increased? I suspect some sort of government blunder. That's what needs to be fixed. Leftists instead will try to limit prices which then doesn't tackle the supply problem and in fact by limiting prices, so you get shortages. Hardly a fix.
Agreed on all points, except one.
This applies in a free market, but the amount of red tape and various agencies who exist to "approve" or "license" your product before it can be sold make this nearly impossible unless you were already in the industry. In food, this is the FDA or various wildlife marshals and others who exist to mostly run defense for their buddies while making anyone else's life hell who try to move into the market.
While I understand the reason for their existence, and we are probably better off with them than without, their execution leaves a lot of problems on the table. One of which is prices having an artificial inflation that the market cannot do anything to combat.
Yeah, I meant the above point if there exists competition. If there's high barriers of entry because of red-rape then higher prices don't change supply, obviously. Though, I would argue it probably still does to a degree, albeit not very much. The solution though isn't price controls, but removing the red tape.
Whether or not someone blames inflation on “greed” is a great litmus test. You can really get a sense for who is and isn’t plugged into the matrix.
Inflation is driven by greed. You just have to look deeper and determine WHO'S greed is behind it.
I’d say it’s more a test of financial literacy. Honestly the main super power Jews have is that they’re all financially literate. Pretty easy to take out Jewish supremacy if you just taught people how money worked, then laughed as they burnt down the fed.
I'm sorry to hear that
These people would do anything to deny the reality that their climate change policies are one of the prime contributors to increased prices. Add on top of that unexpected events like bird flu and you have a confluence of events to sky rocket prices.
But no, it must be corporate greed / capitalism / white supremacy / climate change / patriarchy.
The bird flu is only hitting corporate chicken farms to be fair. I’ve been getting fresh farm eggs for $3-4 bucks a carton this entire “eggdemic” because we have farms nearby that don’t keep chickens smashed together in conditions that beg for disease.
I would like to see a larger push for more humane farming practices. Healthier animals means healthier food for me to eat, but I guess that would mean we wouldn't have enough food to sustain all these dysgenic abominations clogging up society.
I thought it was the birds outside that get bird flu from wild birds?
Any time communists start the NPC dialogue whining about greedy corporations, they're stupid and wrong even if they're actually 100% right.
They can point out a surface level problem, but never the root causes. Let alone any solutions that would deal with those root causes.
Unironically.
"Corporate Greed" is only true for the initial printing of the money. Which is you guys. The progressives. After that, everything else is just the world correcting your mistake.
NITTER LINK, YOU FUCKING NIGGER.
for those times they forgot to link nitter: https://addons.mozilla.org/en-US/firefox/addon/privacy-redirect/
I mean, technically corporate greed is a factor. But saying it is the factor Is dumb. corporations will always charge the most they can charge while moving all of their product. if there's product left over, they reduce prices until there isn't.
egg prices going up means that eggs have become more valuable to the general public, very likely due to shortages.
Robert Reich is quite possibly one of the most annoying and insufferable Jews on the internet... and that's saying a lot.
Hmm. I'm sure it has nothing to do with the FDA's forced some-80% cull of all chicken across North America. Nothing At All.
Gubs helpin'...
Big Egg™ is deliberately keeping supply low from the infinite egg tree for more profit.
RReich isn't wrong here. After years of gaslighting over Covid, who is to say this avian flu isn't another campaign of bullshit as part of a money making scheme?
Hmm... yes.
I think today I will be "more" greedy than usual. Hike the price of the eggs!