Eleven foods which made new all-time high average prices in April 2025

 Round roast $7.616/lb

All roasts 7.995

Round steak 8.627

All steaks 11.12

Sirloin steak 12.326

Ground chuck 5.996

100% ground beef 5.801

All ground beef 6.142 

Coffee 7.536

Sugar 1.021

 

Beer 1.827/pint

Core cpi inflation, which excludes food and energy, came in at 2.8% year over year in April 2025, and so did food inflation

 Core cpi inflation at 2.8% year over year is 55% higher than the average rate of 1.8% which prevailed 2010-2020.

 

core

food

Holy cow, I paid $15.92 for this ground turkey on March 31, now it's $18.88, up 18.6% in less than a month

 

Real Clear Politics puts up a discussion between two billionaires 43% of whose business is government contracts demanding that government bureaucrats be prosecuted for fraud

The chutzpah of these parasites is really something, but Real Clear should be ashamed for promoting it.

The billionaires complain that expenditures far outpace revenues, but taxes must never be raised to pay for them:

"My answer on tax policy, what should tax rates be? Just always a little bit lower. I'm not going to tell you the number, they should always be a little bit lower."

Billionaires for tax cuts!

Meanwhile the $40 billion USAID budget was nothing but a virtue signaling food for the poor scam to these two:

"And so much of this left-wing philanthropy nonprofit world, I think it was just a cover for borderline criminal activity."

 

Prosecute Bureaucrats for Defrauding Government

Peter Thiel, American Optimist

 

 

18 things which set new price records on an average basis in 1Q2025: beef, beef, and more beef, ice cream, sugar, coffee, OJ, chicken, American cheese, beer, wine, eggs, electricity

 

sirloin

chuck roast

beef roasts

beef steaks

ground beef

ice cream

sugar

coffee

orange juice

chicken

ground chuck

round steak

round roast

American cheese

beer

wine

electricity

eggs

Ten foods making new all time high average prices in March 2025 per FRED Economic Data

Round roast $7.557 per pound

Round steak $8.554

Ground chuck $5.854

Ground beef 100% $5.79

Ground beef all $6.137

Beef steaks all $10.98

Eggs $6.227 per dozen

Coffee $7.385 per pound

White sugar $1.014

Beer $1.821 per pint

 

Liars all over Elon Musk's X kept saying Trump brought egg prices down, but in March 2025 they were more expensive than ever on an average basis: $6.227 per dozen

Sam's Club, when it has eggs in stock, is charging in the mid to high 4s per dozen.

 

Core cpi inflation finally comes down under 3% yoy in Mar 2025, seasonally adjusted or not, to 2.8%, finally lower than Apr 2021 for the first time in four years

 ... Food prices climbed 0.4% on the month. Egg prices rose another 5.9% and were up 60.4% from a year ago. Moreover, shelter prices, among the most stubborn components of inflation, increased just 0.2% in March and were up 4% on a 12-month basis, the smallest gain since November 2021. ...

More.

The expectation was for core at 3%.

Trump's biggest tariff, 50%, was on tiny landlocked poverty-stricken Lesotho inside South Africa, over a minuscule trade imbalance of $234.5 MILLION in 2024, which is under a treaty for godsakes

 

Lesotho's exports to the US in 2024 were valued at $237.3 MILLION lol. Trump now wants 50% of that.

King George III, who also was nuts, was a benevolent king to America compared to this guy.

 Trump's biggest tariff was on tiny Lesotho. Here's what to know about the African kingdom.

... Mr. Trump's so-called "Liberation Day" tariffs included a whopping 50% levy on the small, impoverished nation's imports, and the Lesotho government quickly said it would send a delegation to Washington. ...

Lesotho's annual gross domestic product of $2 billion is highly reliant on exports, mostly of textiles, including jeans. ...

The White House claims, by way of [its] formula, that Lesotho imposes 99% tariffs and other barriers on U.S. imports. ...

With an annual gross domestic product of just over $2 billion, Lesotho is largely dependent on South Africa — it biggest trading partner — from which it imports most of its food, selling water in return.

The economy has been heavily reliant on textile exports bound for the United States through the African Growth and Opportunity Act (AGOA) trade deal, which provides duty-free access to the U.S. market for some African products. The Trump administration's imposition of tariffs on African nations has raised questions over how likely the White House is to renew the AGOA pact when it expires in September. ...

Just as 9.7 million of 43 million student loan borrowers become past due again, cars they can't afford to buy anyway soar in price due to tariffs, a one-two punch alienating the youth vote from Trump

 Over 9 million student loan borrowers past due after bills restarted, Fed estimates

... A new student loan delinquency can cause a borrower’s credit score to drop more than 150 points, the Fed warns.

Trump’s auto tariffs will likely push car prices up thousands of dollars

... The tariffs will kick in at midnight on April 3, and Trump has said they will be “permanent.” ...

#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online

... A spokesperson for Klarna acknowledged to NBC News that people needing to pay for meals on credit is “a bad indicator for society.” ...

Beef, breakfast, and bliss just went up again: A dozen basic foods posting new all time high average prices in February 2025 according to the St. Louis Federal Reserve Bank

Choice chuck roast $8.104/lb

Ground chuck $5.744

All uncooked ground beef $5.96

All uncooked beef roasts $7.995

Round roast $7.49

Round steak $8.485

 

Eggs $5.897/dozen

Frozen orange juice $4.492/12oz

Coffee $7.246

White Sugar $1.011

 

Table wine $14.087/liter

Beer $1.819/pint

 

 

Fascism delayed: Intel postpones Ohio chip plant opening from this year to 2030 after receiving $8 billion from bi-partisan Chips Act

But yeah, let's claw back money for food and medicine programs under USAID.

Intel delays Ohio chip plant opening to next decade, was supposed to start production by 2026

... The company said it won’t complete construction on the first plant until 2030, starting operations that year or the next. The second factory in the up to $100-billion complex will likely be finished in 2031 and start running the following year. The company had initially planned to begin production on the first plant in 2025. ...

RFK Jr cancels regular March meeting of flu vaccine panel which determines for which flu strains vaccines will be developed for next fall and winter

 

A crucial March meeting of vaccine advisors to the Food and Drug Administration has been canceled without explanation, a member of the advisory panel told CNBC on Wednesday. ... CDC data shows the flu has caused up to an estimated 910,000 hospitalizations since October, which puts the season on track to be the most severe in at least a decade. ...

Reported here.

The barbarians are inside the gates.

Now the Trump administration is imitating the most odious revolutionary rhetoric of the Obama administration

 

WH's Karoline Leavitt: Trump "Is Fundamentally Transforming Our Country For The Better"

 

We are fundamentally transforming our country for the better, truly restoring our government, the 27-year old know-nothing says, when they're actually gutting it. 

These people all think they're so smart.

 

They think they're cutting something down to size which is already on its knees. Federal employment today has hardly been lower as a percentage of civilian population in the post-war. The low point was achieved already in 2018. The Leviathan State is a complete myth.

 

If Trump truly restored our government, he'd be hiring dramatically, not firing. 

For all of Trump’s and Musk’s talk of efficiency, their policies will likely slow down the government. The state needs capacity to perform core tasks, such as collecting revenue, taking care of veterans, tracking weather, and ensuring that travel, medicine, food, and workplaces are safe. But Trump seems intent on pushing more employees to leave and making the civil service more political and an even less inviting job option. He bullies federal employees, labeling them as “crooked” and likening their removal to “getting rid of all the cancer.” A smaller, terrified, and politicized public workforce will not be an effective one.

To start, let’s dispense with the notion that the government is too big. It is not. As a share of the workforce, federal employment has declined in the past several decades. Civilian employees represent about 1.5 percent of the population and account for less than 7 percent of total government spending. According to the nonpartisan Partnership for Public Service, seven out of 10 civilian employees work in organizations that deal with national security, including departments—such as Veterans Affairs and Homeland Security—that the public supports.

The reality is that the federal government has long faced a human-capital crisis. ...

More.

The country is $36 trillion in debt because it is not taxing enough, and hasn't been taxing enough since Ronald Reagan. We pretend we can borrow to infinity for what we want, but we can't afford it all anymore. That is why they're surrendering to Putin, and taking a meat cleaver to DC.

This is not a serious country, otherwise a South African wouldn't be running it.

 

 

 

 

 

Nine basic foods posting new all time high average prices in January 2025 according to the St. Louis Federal Reserve Bank

Round steak $8.28/lb

Eggs             $4.953/doz

Frozen OJ    $4.48/12oz.

Coffee          $7.019/lb

Sugar            $1.011/lb

Ice Cream     $6.459/half gallon

Steaks, all     $10.905/lb

Table wine    $14.035/liter

Beer              $1.813/pint

Everybody's favorite food inflation indicator, eggs, made another new all-time record high average price in January 2025: $4.953/dozen

 Sorting for the 100 largest flocks of egg-layers affected by H5N1 bird flu since 2022 which have had to be destroyed, as of this morning I count in excess of 21 million chickens destroyed to stop the spread so far in 2025 alone.

 

Trump has nothing but little gimmicks up his sleeve, not fundamental lasting transformation

 To help pay for Trump tax cuts, new taxes on worker benefits become GOP target

... House Republicans recently floated a list of potential measures to help compensate for lost revenue from trillions of dollars in tax cuts championed by President Donald Trump. Taxing employees for fringe benefits such as employer-provided transportation, free food and on-site gyms is up for discussion. ...

To be sure, these proposals are still in the early stages and there’s a lot of jockeying by lawmakers to accommodate Trump’s $4 trillion extension of the 2017 tax cuts as well as make good on campaign promises for tax breaks on tips, overtime pay and Social Security benefits — in all, the tax cut promises made on the campaign trail by Trump could take the total to near $10 trillion. The situation is especially tenuous given the hefty $36 trillion federal deficit. ...

Whatever gets passed will happen under reconciliation anyway, and therefore will be . . . temporary, just like Trump.

All of this small thinking is a reflection of the reality of the GOP's narrow majority in the US House, about which Donald Trump seems to care not at all, and will therefore most likely lose in 2026 unless Republicans push back against Trump, do what's right, and maybe save their own skins.

Trump tariffs will increase costs of fruits, vegetables, potatoes, and grains, among a hellish host of things

 

... The sweeping tariff could make more expensive a host of items that the U.S. imports from its neighbors. Among the common Mexican imports that will now get pricier to bring into the country: fruits, vegetables, beer, liquor and electronics. And from Canada: potatoes, grains, lumber and steel. ...

Trump is enacting the tariffs under the International Emergency Economic Powers Act, which allows the president to respond to “extraordinary threat,” which Trump has identified as a fentanyl and drug crisis that he alleges China, Mexico, and Canada facilitate. ...

More.

Because some Americans use illegal drugs, Trump is punishing all Americans.

Makes sense, right?

I mean George Floyd's blood fentanyl level was fatal and we lit the nation's cities on fire because of it, so yeah, we deserve it.

I track average prices for over 40 basic foods in the U.S. city average: Just four made new all time highs in December 2024

 Round roast $7.486/lb

All uncooked beef roasts category $7.719/lb

Table wine, red and white $13.985/liter

Beer $1.812/pint

Meanwhile, speaking of wholesale prices, you are paying $9+ a dozen for eggs in some places because producer prices averaged $4.62 in December

 That would be 75-cents for an egg that cost the producer about 19-cents.

I got a $1 off 18 eggs yesterday at a nearby health food store and paid $6.99, 39-cents each.

Why eggs are selling for over $9 a dozen in some places—and when prices are expected to drop

The biggest factor pushing up egg prices is a wave of avian flu, which began in early 2022 and led to the culling of millions of egg-laying hens. With demand remaining steady, the reduced supply has caused prices to rise.

This is the second time egg prices have surged since 2022, following a previous wave of avian flu that wiped out large numbers of egg-laying hens and caused supply shortages that year. Avian flu has wiped out over 100 million chickens since a major outbreak began in early 2022.

 

You would think chicken prices would go up, too, but I consistently get chicken thighs in bulk at Sam's for $1.38/lb, and have done so right through the pandemic.

And the rotisserie chicken remains $4.98, too.

We'll get December consumer prices tomorrow. Here's November's chart for eggs: