KTRH Local Houston and Texas News

KTRH Local Houston and Texas News

KTRH-AM covering local news from Houston and across Texas.

 

If Trump Is Blamed for High Egg Prices, What About When Those Prices Fall?

It was just a year ago that Democrats were blaming President Donald Trump for eggs that cost too much, but who's to "blame" now that egg prices have dropped to their lowest in recent memory?

Just like the fall, the rise in those prices has no business being blamed on any one person, according to experts; those price hikes had a natural cause and now, a natural cure:

Supply and demand -- too little supply, prices go high.

Too much supply, high prices go 'bye.

"It's really just Avian Flu that wiped out so many egg-laying chickens," Texas A&M Professor and Economist David Anderson says, and there are other reasons.

"There were some changes in human behavior, you know, we as consumers may see a price and then change what we buy or even the amount we consume," he added.

But now that egg prices are way down?"

The Cato Institute's Romina Boccia says it was still and still is simple capitalist economics.

"Avian Flu declined, so when people want to buy the same number of eggs but there are fewer eggs available, that will drive up the price of eggs."


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