As expected, the future is not good.
https://www.msn.com/en-us/money/personalfinance/fact-check-are-grocery-prices-really-down-under-trump/ar-AA1EMyWk?
On April 29, 2025, in an interview with ABC’s Terry Moran marking his
first 100 days back in the Oval Office, Trump stated: “Look, since I
came in, gasoline is down, groceries are down, egg prices are down —
many things are down, just about everything.”
But with many Americans still feeling the pinch at the checkout line,
it’s worth asking whether the numbers back him up or if inflation is
simply cooling from earlier highs.
Current economic data contradicts Trump’s assertion. According to the
U.S. Department of Agriculture (USDA), while prices for some specific
items have decreased — fresh vegetable prices, for example, were 3.0%
lower in March compared to March 2024 — the overall trend for grocery prices continues upward.
The USDA projects overall food prices to increase by 3.5% in 2025, with food-at-home prices (grocery store purchases) rising by 3.3%. This
exceeds the historical average annual increase of 2.6% recorded from
2005 to 2024.
You’ll see substantial price hikes in specific food categories:
Beef prices are expected to jump 6.3% in 2025.
Egg prices, which Trump specifically mentioned as decreasing, are
projected to surge by 54.6% in 2025, mainly due to ongoing avian flu outbreaks.
According to economist David Bieri of Virginia Tech University, as
reported by ABC News, prices are still increasing, just at a slower
pace. This distinction between easing inflation and actual price drops
is key to understanding the current economic climate.
With food prices rising sharply in key categories, finding savings
elsewhere becomes even more important — especially on everyday expenses beyond the grocery store. You can slash expenses on dining, travel, eyeglasses, prescriptions and more with AARP — Just $15/year with auto-renewal. Join now and save hundreds.
The impact of trade policies on consumer prices
Recent tariffs on imports from Mexico, Canada, and China have further complicated the price landscape. According to an April 15 report from
The Budget Lab at Yale, these tariffs have increased consumer prices by approximately 3.0% in the short term.
For the average household, this translates to a potential $4,900 cost increase in 2025 if buying habits remain unchanged. Even if families
switch to store brands or cheaper alternatives, they could still face a
1.6% price increase, costing about $2,600 more per household annually.
On 2025-05-14, Ed P <esp@snet.n> wrote:
As expected, the future is not good.
https://www.msn.com/en-us/money/personalfinance/fact-check-are-grocery-prices-really-down-under-trump/ar-AA1EMyWk?
I've seen an analysis that says prices (not specifically food prices)
are coming down because demand is softening because of uncertainty
due to the on-again, off-again tariffs. They're worried they'll
get laid off.
On 5/14/2025 5:48 PM, Cindy Hamilton wrote:
On 2025-05-14, Ed P <esp@snet.n> wrote:
As expected, the future is not good.
https://www.msn.com/en-us/money/personalfinance/fact-check-are-grocery-prices-really-down-under-trump/ar-AA1EMyWk?
I've seen an analysis that says prices (not specifically food prices)
are coming down because demand is softening because of uncertainty
due to the on-again, off-again tariffs. They're worried they'll
get laid off.
The next six months may be interesting. The only things I bought ahead
was some amaretto and maple syrup that will be subject to tariffs. The
big hurt will be cars and appliances if you need them. I just don't buy
a lot of "stuff" so won't get hit too hard.
On 5/14/2025 5:48 PM, Cindy Hamilton wrote:
On 2025-05-14, Ed P <esp@snet.n> wrote:
As expected, the future is not good.
https://www.msn.com/en-us/money/personalfinance/fact-check-are-
grocery-prices-really-down-under-trump/ar-AA1EMyWk?
I've seen an analysis that says prices (not specifically food prices)
are coming down because demand is softening because of uncertainty
due to the on-again, off-again tariffs. They're worried they'll
get laid off.
The next six months may be interesting. The only things I bought ahead
was some amaretto and maple syrup that will be subject to tariffs. The
big hurt will be cars and appliances if you need them. I just don't buy
a lot of "stuff" so won't get hit too hard.
On Wed, 14 May 2025 19:10:57 -0400, Ed P <esp@snet.n> wrote:
On 5/14/2025 5:48 PM, Cindy Hamilton wrote:
On 2025-05-14, Ed P <esp@snet.n> wrote:
As expected, the future is not good.
https://www.msn.com/en-us/money/personalfinance/fact-check-are-grocery-prices-really-down-under-trump/ar-AA1EMyWk?
I've seen an analysis that says prices (not specifically food prices)
are coming down because demand is softening because of uncertainty
due to the on-again, off-again tariffs. They're worried they'll
get laid off.
The next six months may be interesting. The only things I bought ahead
was some amaretto and maple syrup that will be subject to tariffs. The
big hurt will be cars and appliances if you need them. I just don't buy
a lot of "stuff" so won't get hit too hard.
Isn't the Orange Moron, in his immeasurable wisdom, going to exempt
certain things, such as cars? I guess nobody knows for sure, not even
the OM himself.
Tariffs are mostly a tool to protect a country's industry. America's automobile industry certainly does need protection. A 50 to 100 percent
or more tariff on Chinese automobiles would make a lot of sense and
would give our automobile industry a chance to step up to the plate.
On Wed, 14 May 2025 23:25:51 +0000, Bruce wrote:
Isn't the Orange Moron, in his immeasurable wisdom, going to exempt
certain things, such as cars? I guess nobody knows for sure, not even
the OM himself.
Tariffs are mostly a tool to protect a country's industry. America's >automobile industry certainly does need protection. A 50 to 100 percent
or more tariff on Chinese automobiles would make a lot of sense and
would give our automobile industry a chance to step up to the plate.
Trump's tariff on the whole world is mostly because his daddy didn't
validate him as a person when he was a little boy. There's probably a
lot of mommies/daddies like that in the world but in this case, it all
went so horribly bad.
https://www.youtube.com/watch?v=Epgo8ixX6Wo
The auto industry had decades to protect itself. They continued to make
junk while the Japanese made better quality cars. Tariffs would just
allow them to continue making junk. I've not bought an American car for
25 years and never will again.
The Big Three and the UAW let it happen. They could have fixed it.
The auto industry had decades to protect itself. They continued to make
junk while the Japanese made better quality cars. Tariffs would just
allow them to continue making junk. I've not bought an American car for
25 years and never will again.
The Big Three and the UAW let it happen. They could have fixed it.
I won't disagree with you there but I don't dwell in the land of anger
and resentment. My place is full of light and hopefulness.
On 5/14/2025 8:19 PM, Ed P wrote:
The auto industry had decades to protect itself. They continued to make
junk while the Japanese made better quality cars. Tariffs would just
allow them to continue making junk. I've not bought an American car for
25 years and never will again.
The Big Three and the UAW let it happen. They could have fixed it.
Our daily driver is a 2009 Toyota Yaris. The second car is a 2019
Infinity G37X (Nissan), and our camping vehicle is a 2008 Acura RDX
(Honda). We have an old junker 2011 Chevy Aveo5 that hasn't run for
years, that I need to sell eventually. I can't see ever buying another >vehicle.
dsi1 wrote:
I won't disagree with you there but I don't dwell in the land of anger
and resentment. My place is full of light and hopefulness.
This dude's "place" ain't, lol...!!!
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