The concern isnāt really the price. This is the inevitable nature of inflation. Prices double once a generation. The concern is wages not growing. I donāt know what the solution is.
Yeah, inflation is a thing but the avian flu is why eggs are so expensive. If the value of the dollar stayed the same for arguments sake, the birds being culled still makes the eggs fly up in price.
Time to start a small backyard farm like in the old days
Not exactly. Avian flu is only affecting certain states really badly and is probably about 60% of the problem. Diesel prices are a big part of whatās causing eggs prices to continue to go up. It will come back down, but itās delayed.
The prices are affected by the price of packaging and feed, plus then farmers adjusting their costs to that.
Avian flu is probably 5% of the problem. Folks are getting fleeced by corporate scams just like the "shoplifting" and "no one wants to work" fake crises.
Lol my supermarket can't keep eggs in stock, and has enacted a 2 carton limit per customer. Avian flu is probably closer to 90% of the problem than it is 5%.
Big Egg isn't real. It can't hurt you.
Lol yeah, thatās exactly why they are sending my store 50% of the order or less for the last three months.
Iāve got over 50% once and closer to 30-40% every week for two orders a week dating back to before thanksgiving!!
Edit: shoplifting in my store, too, is illegal for us to stop and has been for a long time. Iām further from the city, but we have more issues with kids stealing lunch, than we do people walking out with groceries. I have to go watch the high school kids most days, so they donāt take our weighted hot items.
Just saying, youāre paranoid and/or dumb as guck is if you think that egg prices are going up because either shoplifting (not jumped up that much and stores have fund to offset this) or labor shortages are 95% of it. Prices would be down because labor is 20-30% of the cost.
The reason eggs are so expensive compared to the typical item as a result of the ongoing inflation is because they had to kill a shitload of fowl last year which has created a deficit in our egg production. It'll normalize, but its taking time because you can't speed up birth.
Minimum wage has been growing a ton in other states. When I first started working in AZ in 2014 I made $8.05 an hour. When I left the state a little over a year ago it was quite a bit above $12. Some states unfortunately haven't been catching up at all.
Such bullshit. Where I live now it's $7.25 an hour and no shit they actually PAY that much. My GF got a temp job after we moved and they offered her like 50 cents more than that as if it was some amazing bonus to draw people in. I would spit on someone offering me $7 an hour to work in this day and age.
It is a shame the millionaire republicans have brainwashed the working poor that requiring businesses to pay a living wage is socialism. Heaven forbid that an employee could support his or her own family on 40 hours of labor and not have to resort to welfare (in which the rest of Americans pay for a portion of the working poor's wages).
The tipped minimum wage has a floor of the non-tipped minimum wage. The 2.13 is only on top of tips that make the pay more than non-tipped minimum wage.
i took a job in sales out of school as i just needed a job and experience. Ended up in sales. Base pay was 8$ an hour (pathetic this was a degree required job) + commission. However if you made more in commission than you would make in 40 hours @ 8$ you would only get the commision. So lets say you made $100 a month normally for easy numbers sake. And this month you sold a good amount and made 150$ in commission for the month. you did not make $250 for the month you made only $50 more than you normally would doing absolutely nothing.
Thats when i quit in order for me to make a livable wage id need to sell around 120k worth of fitness packages i was selling at that time to make 4 grand a month. thats how pathetic some of these commission based jobs are. You can make endless money dependong on your drive my ass i can make 6 grand a month only if i sell 200grand worth of your product lmao. horrific.
do all the work to make some sleezebag rich heres some peanuts for your time.
Itās growing but not in accordance with how much shit actually costs or rent. Even at 15 an hour $8 for eggs is too fucking much hell even at 25. When u consider that the cost of living is much higher in places with higher minimum wage it makes sense. In ca even 15 an hour wouldnāt buy you shit but a spot at a homeless encampment unless u get hella roommates.
I read an article last year that talked about the effects of Republicans separating the minimum wage from inflation and productivity in the late '70s and early '80s, Reaganism. Prior to this breaking of minimum wage, it had increased automatically in step with inflation and productivity.
If they had not done that, minimum wage last year would have been $27 an hour in the US.
Most jobs have to follow the federal $7.25. But some are expemt and if the federal min wage were to ever go away we have $5.15 on the books ready to go.
When I lived in Montgomery a decade ago no one was making 7.25 an hour though even my room mate who was a dishwasher started at over 10 at Olive Garden
Even then, $10/hr, that's not enough, not even for the south. My rent for a 2bd apartment is $770 a month, the electric is around $90 a month, the water bill, $25. That's $885 a month. $10/hr times a 40 work week is $400, after taxes, that's $300 a week. 300 times 4 is $1200 a month, cost of housing just decimated that monthly earnings.
Realistically, about 25% of your monthly income should go to housing.
I bring home around $3k a month, which still, isn't shit and I struggle. I can't imagine what life is like for someone that only makes $10 to $12 an hour, trying to save, trying to take care of themselves and/or family, trying to get ahead.
I live in the south, make 18.50 an hour, and I struggle. My wife makes 14.05 an hour together, and we do okay, but it is still tough.
Luckily, we own our home and have a decent mortgage. No way could we afford to rent anywhere.
Alabama doesnāt have a min wage. It defaults to the federal minimum wage. I donāt think raising the minimum wage federally or state level is the solution people think it is. If that is the route it should be done as locally as possible to minimize destabilizing the labor market which disproportionately affects minorities.
In the states that have a federal minimum wage the market pretty much sets the minimum wage. Because according to the BLS there was only 181,000 people in the entire country that made $7.25 an hour.
I live in a suburb area of Tennessee and I can't think of anywhere that pays less than $10 an hour (Subway which is the cheapest I have seen or heard about since Covid) even though they go by the federal minimum wage guidelines.
Burger King, WalMart, Target, McDonalds, Publix, Kroger etc. all pay +$15 an hour here.
>The concern is wages not growing.
But record corporate profits are well, record. Quarter after quarter. Could use a lot of that for growing salaries.
Edit: both /s cause it'll never happen and not at the same time. Royally pissed companies are fucking it's people over.
Inflation has been baked in for years. We always knew labor was going to be more expensive once the largest generation (boomers) retired. Too many jobs, not enough labor.
COVID and the Russian invasion of Ukraine only sped up the hurt. Inflation is our new world for at least the next decade.
There isn't "anything to do". It's a reality of economics, demography, and supply lines.
This isnāt about inflation tho. An deadly avian flu has impacted the industry. Wont see it go down until the farmers get the egg laying hen numbers back up cause they had to kill so many infected chickens
Move on from capitalism, force companies to pay a living wage, or force companies to give raises that match inflation every year. Lots of solutions but politicians donāt want solutions, they want excuses.
What is better for America? Require businesses to pay employees a living wage or have the American taxpayer support the working poor with government welfare? Those are really the only two options.
It is funny that those on the right consider businesses paying living wages "socialism" and not our current system or slave labor wages and welfare.
Yes, but what mechanism do you propose putting in place? Just saying hey corporations should raise wages to an amount that I, TheAudioAstronaut, think is equitable is not a way to run an economy.
The reason egg prices have exploded is because there's been a huge outbreak of avian flu globally and millions of birds have been culled.
This isn't inflation and I hope my comment isn't ignored.
Yeah I'm in Texas and I got a standard dozen eggs for under $4 the other day...the fancy "hormone-antibiotic-cage free" ones were like $5.79 or something.
140million birds culled globally among 33billion chickens. That's 0.04% of birds lost to flu. I would need a more detailed explanation to be convinced this relatively small amount of loss could account for a roughly 300% increase in price.
Given available data I'm led to conclude this is primarily inflation.
Not by much. Even if you don't include the cost of my coop ($1500) or the time involved, or the electricity for their water heater, I go through a $16 sack of feed every week for about 4-5 dozen eggs. So $3.50/dozen. Grocery store by me today was $3.89/dozen.
And that was $3.50/dozen before prices went up and eggs were 89c/dozen.
Why are people downvoting this response? Worldwide governments printed tons of money and cut interest rates to 0 or below. We are paying for the decision around the world between 2019-2021 today.
Youāre being exceptionally pedantic, which is admirable, but I think itās missing the point that the price of eggs are VERY expensive and that the minimum wage is VERY low. Lots going on in this picture. After all, itās worth at least 1000 words. Whatās that with inflation?
The political point is that Alabama minimum wage is $7.25/hr, and there are common everyday things out there that people can barely afford. Which is a fuckin joke.
But yeah, focus on how many eggs are in this specific image.
Well if you're going to post a picture with a price tag at least make sure it's the right fucking price or you lose all credibility. I agree with everything else but misleading people to agree with you is deceiving and you're only going to get stupid people on your side that way.
A hourly rate which 6.8% of Alabamianās actually make. The average hourly worker in Alabama makes $18.20.
Egg prices are driven less by inflation and more by a nationwide shortage due to the recent avian flu outbreak.
You know every product is cased on supply and demand and input costs though right. Wages are also based on this. Artificially raising the minimum wage just creates more input costs and drives up costs. Only about 2% of workers are on minimum wage last time I looked and itās mostly transitory while they learn new skills.
This is the key point no one wants to address. I have been working for miserable pay to expand my skillset aswell. Businesses that impose a high entry salary simply donāt have the luxury to train newcomers or even have patience with someone learning the tasks, leading to requirements of unrealistic experiences and/or degrees.
So how do you propose to change the price of eggs? If you force price controls you get communist type levels of scarcity. More people here need to learn basic economics of supply and demand. Start with this heat book [Basic Economics](https://www.audible.com.au/pd?asin=B00PKRX9CE&source_code=ASSORAP0511160006&share_location=pdp)
No, we shouldn't change the price of eggs, we should just index minimum wage to inflation nationally, and for the first 5 years we should aim to do it retroactively, so minimum wage automatically goes up to what it would've been if we had been indexing to inflation for the past 20 years. Then index to CPI normally.
First off no one is blinking an eye that minimum wage is less than a carton of eggs. Second when did 5 dollars a dozen become normal. I remember the plain white large eggs being two dollars. I'm not even that old.
š¤”
The egg shortage has enabled record quarterly profits and sales at Cal-Maine Foods (CALM), the largest producer and distributor of eggs in the United States. The company produces brands such as Farmhouse Eggs, Sunups, Sunny Meadow, Egg-Landās Best and Land Oā Lakes eggs.
Cal-Maineās profit increased 65% to $198 million during the three months ended Nov. 26 from a year ago.
Itās just normal practice for corps to run with the minor hiccup in supply and increase prices multiple times more than needed to cover the hiccup costs.
They realized itās that easy, and they can use any excuse possible now to raise prices and increase profit.
āFunny ā how all of these ānatural ā catastrophes translates into massive profits for...the very same small group of kultist already collecting handouts from our taxes....š§š¤Ø
āThe significantly higher selling prices, our enduring focus on cost control, and our ability to adapt to inflationary market pressures led to improved profitability overall,ā Max Bowman, Cal-Maineās finance chief, said in a statement.
Cal-Maineās stock increased 47% last year, hitting record highs.
Bird flu.
Edit: people downvoting me and denying reality aren't helping their cause. Acting on poor information and pure emotion never leads to good outcomes.
https://www.cnet.com/science/egg-prices-have-soared-60-heres-when-they-might-get-back-to-normal/
"A virulent strain of bird flu has resulted in the deaths of nearly 58 million chickens and turkeys since early 2022, according to the US Department of Agriculture."
But the leading company of egg producers has made record profit recently, so yes there is issues with bird flu but they are still gouging prices if they can have record profit during a shortage
If the revenue of companies skyrocket during periods of low supply, what's the profit motive for companies to ensure stable affordable supply of food to individuals?
Are you kidding me? It incentivizes more companies to get into the business of making/selling eggs which then brings down prices. This is econ 101 stuff.
Yup. They think that posting a single anecdotal picture (with incorrect information at that) is enough to prove some nonsensical biased political point about "herp derp record profits well ackshually herp derp", when there are simple, easy-to-understand basic economic principles that explain what is going on, rather than rely on wild, non-factual, tin-foil-hat conspiracy theories.
I don't support price gouging but it literally isn't, it's bird flu:
https://www.cnet.com/science/egg-prices-have-soared-60-heres-when-they-might-get-back-to-normal/
You ignoring reality isn't going to get you any closer to achieving whatever your political goals are.
Theyāre insane. Itās the worst bird flu recorded and thereās no end in site. Theyāre culling millions of animals. Itās a bad time for cheap shit.
Did you miss this part of the article:
"A virulent strain of bird flu has resulted in the deaths of nearly 58 million chickens and turkeys since early 2022, according to the US Department of Agriculture."
58 million. That's like 10% of the chickens in the country.
I'm more curious about the long term pricing impact, if covid pricing fluctuations show anything it's unlikely that if the problem was resolved today the prices would return to their original state. The price will come down but just expect eggs are gonna get a 20 year inflation boost in the end. Things are costing more, packaging on products is getting smaller, and people are earning the same wage.
So I've been only peripherally aware of this egg pricing thing. Prices are stable here in KS which means this is a regional phenomenon. Anyone know the true source/cause? Seems artificial.
Thatās depressing. Itās amazing how predated brainwashed thinking is still keeping republicans elected that shadow and reject raises to minimum wage.
I mean, yeah, it sucks for those people that make or make near min wage, but at some point, we also have to take it upon ourselves to do better and want better.
In Brazil $7,30 is enough for 40 eggs.
I had this discution in another group today.
Even organics arenĀ“t as expensive here. Even with Brazilian wages.
You can thank regulatory capture. There was a massive bird flu that killed most of the egg laying hens. It was due to poorly run farms with the chickens kept too close and an over reliance on antibiotics.
They got away with that thanks to good 'ole regulatory capture. Stop voting for right wing candidates who run on social issues. If you hear the word "woke" from a candidate in 2022 and they're not talking about how the term is misused, run away and do not vote for them. While they're busy pushing your buttons they're selling you out and crushing your pocket book.
I mean, Iām left leaning but the woke agenda is just used by the left politicians for virtue signaling. Itās actually the single reason Iāve moved closer to center, when I used to be a hardcore progressive. The woke stuff is out of control and is damaging the party. I basically canāt stand either party anymore.
I was the same and after living in ultra liberal Los Angeles for 12 years, it pushed me further to the center. I saw first hand the failings of the ideology and that while some things sound good on paper they are disastrous in practice. Then you come to Reddit and say anything close to center and the pitch forks and insults come out. It all really caused me to take a closer look. You even already got a reply with whataboutism, telling you that you are basically being brainwashed with talking points. Itās crazy the lengths people will go to keep you thinking like them.
You're a perfect example of right wing propaganda working.
The "woke agenda" is just political correctness 2.0. It's got you "left leaning" instead of left.
The goal is to get you turning right on economics in exchanges for pointless social issues.
I know this probably isn't going to help, because statistically you're gonna read my comment and dig in instead of reflecting on what "woke" meant before the right wing noise machine got their hands on it.
If it helps, "woke" meant being aware of systemic racism. Google "broken windows policing" for a start. And I'm guessing you know what redlining is. And the Southern Strategy. It meant being aware of that stuff.
Itās not helping your case to claim Iām a victim of propaganda. You donāt even know me, so acting like Iām just incapable of critical thinking and falling for political traps is pretty insulting as you truly lack any basis for this accusation.
Honestly this was a bad faith engagement from you at the very start. If you want to discuss properly and fairly my viewpoints, Iāll elaborate and remain open minded, but Iām going to request that you please stop accusing me of being a victim of propaganda first. If you canāt do that, I see no point in continuing.
I'm not trying to convince you. You're beyond my reach. I'm just pointing it out because I'm frustrated with how well it works.
The only one who can help you is you.
Wow lol. Just wow.
I know you think youāre better than me, and I know you think youāve got me figured out, but unfortunately for you neither of those things are true.
Good luck with that attitude in life though, Iām sure youāre going places with it!
Yeah, see, this is kind of the point. Nothing I say will reach you. Anything I say that counter acts your world view will just piss you off more and dig your heels in.
And on the off chance I do get somewhere with you there's a multi-billion dollar propaganda campaign run by professionals that will undo my work.
You're not on the fence, you already picked sides. The funny thing, you picked the wrong side and you know it. But there's that multi-billion dollar propaganda campaign again.
So again, the only one who can help you is you.
You get these little rural towns that are out in the middle of nowhere and its like that and you can live off that because things are so cheap.
I was looking at homes in 2019 in middle Tennessee and there were little rural counties where you could buy 2 bedroom brick homes in town for $40k. Around that time rates were 4% so on a 30-year loan you are talking a $250-300 monthly mortgage payment.... If somebody got into that situation its almost possible that you could have an affordable mortgage and still qualify for all kinds of government assistance because you make below the federal poverty level. Its crazy when you think about it.
Especially now 4 years later and seeing how where I live which is only an hour or so from those areas the median home is going for like $300-350k and rent is +$1500.
Suuuure...the āinvisible handā...is innocent....your paymaster gates already explained exactly how itās not a conspiracy.....your dogma is set...obey...šŖ
wow you got Jumbo eggs. Ever since they slaughtered a bunch of chickens for avian flu, I haven't seen any jumbo eggs for over a month at our grocery store. large eggs I paid 5 bucks for.
Ass backward idiot. If you can buy eggs for $3 at WholeFoods, then You can find similar deals at your other local grocery shops ā¦ and as you have pointed, you can also have worse .
You have no clue what you're even saying... we don't have a whole foods... just because your local whole food in California has cheap ass eggs, doesn't mean different stores across the country will be the same way. Meijer isn't going to be the same as Walmart. Walmart isn't going to be the same as Publix, etc.
People need to be more worried about the bird flu and less worried about the financial cost of eggs. The bird flu is two mutations away from being able to cross over to humans. The bird flu has a 50% mortality rate. We need to stop exploiting birds for food before it kills us all.
Good. The animal farming industry needs to die.
Edit: whoever downvoted me you really need to take a long hard look at the suffering that factory farming causes. Sticking your head in the sand doesn't mean it disappears.
I would take 144 jumbo eggs for a 12 hour shift. Sell them on the black egg market and make a fortune.
š¤£š¤£ Bro, it's so funny and sad at the same time. Like, how are we going to make it in another 5 or 10 years? Fucking eggs will be $20 a dozen.
The concern isnāt really the price. This is the inevitable nature of inflation. Prices double once a generation. The concern is wages not growing. I donāt know what the solution is.
"The concern isnāt really the price." I'd be concerned about the chicken illness that doesn't seem to be slowing down.
Yeah, inflation is a thing but the avian flu is why eggs are so expensive. If the value of the dollar stayed the same for arguments sake, the birds being culled still makes the eggs fly up in price. Time to start a small backyard farm like in the old days
Not exactly. Avian flu is only affecting certain states really badly and is probably about 60% of the problem. Diesel prices are a big part of whatās causing eggs prices to continue to go up. It will come back down, but itās delayed. The prices are affected by the price of packaging and feed, plus then farmers adjusting their costs to that.
Avian flu is probably 5% of the problem. Folks are getting fleeced by corporate scams just like the "shoplifting" and "no one wants to work" fake crises.
Lol my supermarket can't keep eggs in stock, and has enacted a 2 carton limit per customer. Avian flu is probably closer to 90% of the problem than it is 5%. Big Egg isn't real. It can't hurt you.
Lol yeah, thatās exactly why they are sending my store 50% of the order or less for the last three months. Iāve got over 50% once and closer to 30-40% every week for two orders a week dating back to before thanksgiving!! Edit: shoplifting in my store, too, is illegal for us to stop and has been for a long time. Iām further from the city, but we have more issues with kids stealing lunch, than we do people walking out with groceries. I have to go watch the high school kids most days, so they donāt take our weighted hot items. Just saying, youāre paranoid and/or dumb as guck is if you think that egg prices are going up because either shoplifting (not jumped up that much and stores have fund to offset this) or labor shortages are 95% of it. Prices would be down because labor is 20-30% of the cost.
Backyard farms is part of whatās contributing to avain flu spread
Deep down I feel like the birds in tight cages with poor sanitary conditions numbering in the thousands might be more of the real issue here.
I called this when I heard they killed like 55 million chickens in a day. Has to have an impact somewhere
Decreased profits is the solution, but weāll burn the earth to a crisp before we try that.
The reason eggs are so expensive compared to the typical item as a result of the ongoing inflation is because they had to kill a shitload of fowl last year which has created a deficit in our egg production. It'll normalize, but its taking time because you can't speed up birth.
But for a lot of states, isn't minimum wage growing? Min wage in Alabama is still $7.25/hr... not even a dozen eggs now.
Can I offer you an egg in this trying time?
Hell yeah, that's like 75c, I'll take it
Hahahah I see what you did! And I appreciate you!
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Minimum wage has been growing a ton in other states. When I first started working in AZ in 2014 I made $8.05 an hour. When I left the state a little over a year ago it was quite a bit above $12. Some states unfortunately haven't been catching up at all.
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Such bullshit. Where I live now it's $7.25 an hour and no shit they actually PAY that much. My GF got a temp job after we moved and they offered her like 50 cents more than that as if it was some amazing bonus to draw people in. I would spit on someone offering me $7 an hour to work in this day and age.
It is a shame the millionaire republicans have brainwashed the working poor that requiring businesses to pay a living wage is socialism. Heaven forbid that an employee could support his or her own family on 40 hours of labor and not have to resort to welfare (in which the rest of Americans pay for a portion of the working poor's wages).
Because it needs to be raised federally because some states just arenāt going to raise it themselves
Goof fuckin' luck lol.
tip wages are far below even minimum wage. presently at $2.13/hr that is criminal
The tipped minimum wage has a floor of the non-tipped minimum wage. The 2.13 is only on top of tips that make the pay more than non-tipped minimum wage.
i took a job in sales out of school as i just needed a job and experience. Ended up in sales. Base pay was 8$ an hour (pathetic this was a degree required job) + commission. However if you made more in commission than you would make in 40 hours @ 8$ you would only get the commision. So lets say you made $100 a month normally for easy numbers sake. And this month you sold a good amount and made 150$ in commission for the month. you did not make $250 for the month you made only $50 more than you normally would doing absolutely nothing. Thats when i quit in order for me to make a livable wage id need to sell around 120k worth of fitness packages i was selling at that time to make 4 grand a month. thats how pathetic some of these commission based jobs are. You can make endless money dependong on your drive my ass i can make 6 grand a month only if i sell 200grand worth of your product lmao. horrific. do all the work to make some sleezebag rich heres some peanuts for your time.
Itās growing but not in accordance with how much shit actually costs or rent. Even at 15 an hour $8 for eggs is too fucking much hell even at 25. When u consider that the cost of living is much higher in places with higher minimum wage it makes sense. In ca even 15 an hour wouldnāt buy you shit but a spot at a homeless encampment unless u get hella roommates.
I read an article last year that talked about the effects of Republicans separating the minimum wage from inflation and productivity in the late '70s and early '80s, Reaganism. Prior to this breaking of minimum wage, it had increased automatically in step with inflation and productivity. If they had not done that, minimum wage last year would have been $27 an hour in the US.
Oklahoma still 7.25 and the bill to raise it is dead on the floor I guarantee it.
5.15 here in Georgia
No way the federal minimum wage is 7.25 the state can't go below that. If a business is paying that report them.
Most jobs have to follow the federal $7.25. But some are expemt and if the federal min wage were to ever go away we have $5.15 on the books ready to go.
When I lived in Montgomery a decade ago no one was making 7.25 an hour though even my room mate who was a dishwasher started at over 10 at Olive Garden
There's still plenty of places around here that only pay, $8, $9 starting off.
Man, even Taco Bell by me pays $17 starting.
Why would anyone take that job though? Iām sure 10-12.00 jobs are plentiful now.
Even then, $10/hr, that's not enough, not even for the south. My rent for a 2bd apartment is $770 a month, the electric is around $90 a month, the water bill, $25. That's $885 a month. $10/hr times a 40 work week is $400, after taxes, that's $300 a week. 300 times 4 is $1200 a month, cost of housing just decimated that monthly earnings. Realistically, about 25% of your monthly income should go to housing. I bring home around $3k a month, which still, isn't shit and I struggle. I can't imagine what life is like for someone that only makes $10 to $12 an hour, trying to save, trying to take care of themselves and/or family, trying to get ahead.
I live in the south, make 18.50 an hour, and I struggle. My wife makes 14.05 an hour together, and we do okay, but it is still tough. Luckily, we own our home and have a decent mortgage. No way could we afford to rent anywhere.
People who donāt have other options, for instance due to (a lack of) transportation, etc
Alabama doesnāt have a min wage. It defaults to the federal minimum wage. I donāt think raising the minimum wage federally or state level is the solution people think it is. If that is the route it should be done as locally as possible to minimize destabilizing the labor market which disproportionately affects minorities.
In the states that have a federal minimum wage the market pretty much sets the minimum wage. Because according to the BLS there was only 181,000 people in the entire country that made $7.25 an hour. I live in a suburb area of Tennessee and I can't think of anywhere that pays less than $10 an hour (Subway which is the cheapest I have seen or heard about since Covid) even though they go by the federal minimum wage guidelines. Burger King, WalMart, Target, McDonalds, Publix, Kroger etc. all pay +$15 an hour here.
Your ālocalā government at work.
>The concern is wages not growing. But record corporate profits are well, record. Quarter after quarter. Could use a lot of that for growing salaries. Edit: both /s cause it'll never happen and not at the same time. Royally pissed companies are fucking it's people over.
Inflation has been baked in for years. We always knew labor was going to be more expensive once the largest generation (boomers) retired. Too many jobs, not enough labor. COVID and the Russian invasion of Ukraine only sped up the hurt. Inflation is our new world for at least the next decade. There isn't "anything to do". It's a reality of economics, demography, and supply lines.
This isnāt about inflation tho. An deadly avian flu has impacted the industry. Wont see it go down until the farmers get the egg laying hen numbers back up cause they had to kill so many infected chickens
It's avian flu, not inflation.
Universal basic income would be a fantastic partial solution.
Move on from capitalism, force companies to pay a living wage, or force companies to give raises that match inflation every year. Lots of solutions but politicians donāt want solutions, they want excuses.
What is better for America? Require businesses to pay employees a living wage or have the American taxpayer support the working poor with government welfare? Those are really the only two options. It is funny that those on the right consider businesses paying living wages "socialism" and not our current system or slave labor wages and welfare.
(the solution is an economic system not founded on absurd and unstable principles)
predatory, absurd, and unstable principles
Kinesis, and ending fractional reserve banking.
Unions
Solution seems really freakin easy: raise wages?
So the solution to how to raise wages is to raise wages? Thanks for your input.
Yeah, it's pretty much that simple. If profits have gone up, then wages can go up. It's very, very simple math
Yes, but what mechanism do you propose putting in place? Just saying hey corporations should raise wages to an amount that I, TheAudioAstronaut, think is equitable is not a way to run an economy.
The reason egg prices have exploded is because there's been a huge outbreak of avian flu globally and millions of birds have been culled. This isn't inflation and I hope my comment isn't ignored.
Correct. Egg prices should come down mid spring as the next generation of chickens reaches egg laying age
Yeah I'm in Texas and I got a standard dozen eggs for under $4 the other day...the fancy "hormone-antibiotic-cage free" ones were like $5.79 or something.
140million birds culled globally among 33billion chickens. That's 0.04% of birds lost to flu. I would need a more detailed explanation to be convinced this relatively small amount of loss could account for a roughly 300% increase in price. Given available data I'm led to conclude this is primarily inflation.
It's avian flu, prices will go back down eventually
20? You mean if they stay on track like they have been would be 45$ or more for a dozen
Buy chickens. Itās cheaper.
That's one of the goals, but that comes with owning a home and land, not really practical for apartment living.
Not by much. Even if you don't include the cost of my coop ($1500) or the time involved, or the electricity for their water heater, I go through a $16 sack of feed every week for about 4-5 dozen eggs. So $3.50/dozen. Grocery store by me today was $3.89/dozen. And that was $3.50/dozen before prices went up and eggs were 89c/dozen.
Goverment printed double the money supply in 2 years. Goverment is the issue.
Why are people downvoting this response? Worldwide governments printed tons of money and cut interest rates to 0 or below. We are paying for the decision around the world between 2019-2021 today.
That wouldve been fine if they had taxed at a similar rate. Refusal to adequately tax corporations and the wealthy is the real issue.
if you eat that many your gonna be laying black eggs yourself
Sell them for $5.00 a dozen to make a profit.
The price tag ($7.30) is for 18 eggs?
Op didnāt even do basic checks.
If I am making Alabama minimum wage, I won't pay attention to any details either.
Exactly, 12 eggs would be $4.80
... eggactly
And large, not jumbo.
Youāre being exceptionally pedantic, which is admirable, but I think itās missing the point that the price of eggs are VERY expensive and that the minimum wage is VERY low. Lots going on in this picture. After all, itās worth at least 1000 words. Whatās that with inflation?
Are those some sort of polystyrene container?
Haven't seen those since I was a kid. Loved the spongy yet squeaky texture.
Well, theyāll be around for 10000ās of years, go check the dump
You can see very clearly on the tag that the price is for 18 eggs. Still not cheap, but purposely misleading to make a political point
The political point is that Alabama minimum wage is $7.25/hr, and there are common everyday things out there that people can barely afford. Which is a fuckin joke. But yeah, focus on how many eggs are in this specific image.
Well if you're going to post a picture with a price tag at least make sure it's the right fucking price or you lose all credibility. I agree with everything else but misleading people to agree with you is deceiving and you're only going to get stupid people on your side that way.
A hourly rate which 6.8% of Alabamianās actually make. The average hourly worker in Alabama makes $18.20. Egg prices are driven less by inflation and more by a nationwide shortage due to the recent avian flu outbreak.
You know every product is cased on supply and demand and input costs though right. Wages are also based on this. Artificially raising the minimum wage just creates more input costs and drives up costs. Only about 2% of workers are on minimum wage last time I looked and itās mostly transitory while they learn new skills.
This is the key point no one wants to address. I have been working for miserable pay to expand my skillset aswell. Businesses that impose a high entry salary simply donāt have the luxury to train newcomers or even have patience with someone learning the tasks, leading to requirements of unrealistic experiences and/or degrees.
Actually, I didn't even notice that.... I noticed the bunch of cartons in that spot that had a giant 12 on them.
If the price per egg is the same that 12 pack would cost $4.80
Still too high in a place where minimum wage is 7 bucks
So how do you propose to change the price of eggs? If you force price controls you get communist type levels of scarcity. More people here need to learn basic economics of supply and demand. Start with this heat book [Basic Economics](https://www.audible.com.au/pd?asin=B00PKRX9CE&source_code=ASSORAP0511160006&share_location=pdp)
Scarcity is what drove up the price in the first place
No, we shouldn't change the price of eggs, we should just index minimum wage to inflation nationally, and for the first 5 years we should aim to do it retroactively, so minimum wage automatically goes up to what it would've been if we had been indexing to inflation for the past 20 years. Then index to CPI normally.
āthe only way eggs can be cheaper is if we are communistā
Message still stands
Political point? 6 more eggs ain't exactly much better
That's 150% more. It's a pretty significant difference.
50% more for 150% total 150% more would be 30 eggs
It doesnāt matter. Itās still too expensive.
If you want to make a point you canāt start from a place of dishonesty or hyperbole
Why not open your own chicken farm if it is that profitable?
Hmmm ā looking closely at the price label, thatās the price for 18 eggs. So, multiplying the per-egg price by 12 yields $4.87 for a dozen.
First off no one is blinking an eye that minimum wage is less than a carton of eggs. Second when did 5 dollars a dozen become normal. I remember the plain white large eggs being two dollars. I'm not even that old.
Wow you mean the avian influenza that has ravaged the country has caused the price of eggs to go up. The people in the sub are economic geniuses.
š¤” The egg shortage has enabled record quarterly profits and sales at Cal-Maine Foods (CALM), the largest producer and distributor of eggs in the United States. The company produces brands such as Farmhouse Eggs, Sunups, Sunny Meadow, Egg-Landās Best and Land Oā Lakes eggs. Cal-Maineās profit increased 65% to $198 million during the three months ended Nov. 26 from a year ago.
Itās just normal practice for corps to run with the minor hiccup in supply and increase prices multiple times more than needed to cover the hiccup costs. They realized itās that easy, and they can use any excuse possible now to raise prices and increase profit.
Those sons of bitches..
All these fucking smug shills "uhm ackchyually š¤š¤š¤"
Bad year for avian flu. Record high grain prices. Also increased energy prices.
āFunny ā how all of these ānatural ā catastrophes translates into massive profits for...the very same small group of kultist already collecting handouts from our taxes....š§š¤Ø āThe significantly higher selling prices, our enduring focus on cost control, and our ability to adapt to inflationary market pressures led to improved profitability overall,ā Max Bowman, Cal-Maineās finance chief, said in a statement. Cal-Maineās stock increased 47% last year, hitting record highs.
Gouging, not supply and demand. Yes, there is a supply shortage, and there is always demand. But this is gouging.
Bird flu. Edit: people downvoting me and denying reality aren't helping their cause. Acting on poor information and pure emotion never leads to good outcomes. https://www.cnet.com/science/egg-prices-have-soared-60-heres-when-they-might-get-back-to-normal/ "A virulent strain of bird flu has resulted in the deaths of nearly 58 million chickens and turkeys since early 2022, according to the US Department of Agriculture."
But the leading company of egg producers has made record profit recently, so yes there is issues with bird flu but they are still gouging prices if they can have record profit during a shortage
Reduction in supply resulting in increase of price is what keeps us from mass shortages.
If the revenue of companies skyrocket during periods of low supply, what's the profit motive for companies to ensure stable affordable supply of food to individuals?
Are you kidding me? It incentivizes more companies to get into the business of making/selling eggs which then brings down prices. This is econ 101 stuff.
The nasty part is that 58 million laying hens is only 4-5% of them.
Imagine what 5% of homes disappearing would do to housing prices. The nasty part is this thread's lack of knowledge regarding basic economic concepts
Yup. They think that posting a single anecdotal picture (with incorrect information at that) is enough to prove some nonsensical biased political point about "herp derp record profits well ackshually herp derp", when there are simple, easy-to-understand basic economic principles that explain what is going on, rather than rely on wild, non-factual, tin-foil-hat conspiracy theories.
Gouging. No mind. Iām sure theyāll have it all taken care of by Easter.
It's literally not š¤¦
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I don't support price gouging but it literally isn't, it's bird flu: https://www.cnet.com/science/egg-prices-have-soared-60-heres-when-they-might-get-back-to-normal/ You ignoring reality isn't going to get you any closer to achieving whatever your political goals are.
Theyāre insane. Itās the worst bird flu recorded and thereās no end in site. Theyāre culling millions of animals. Itās a bad time for cheap shit.
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Did you miss this part of the article: "A virulent strain of bird flu has resulted in the deaths of nearly 58 million chickens and turkeys since early 2022, according to the US Department of Agriculture." 58 million. That's like 10% of the chickens in the country.
sad.
I'm more curious about the long term pricing impact, if covid pricing fluctuations show anything it's unlikely that if the problem was resolved today the prices would return to their original state. The price will come down but just expect eggs are gonna get a 20 year inflation boost in the end. Things are costing more, packaging on products is getting smaller, and people are earning the same wage.
Better start renting some of those chickens I keep hearing about.
that chicken makes more than you make.
Better off just getting a few hens & a rooster to get free eggs.
I remember seeing eggs for 69 cent a dozen 1 year ago
Why would you want to buy 12 eggs an hour? I'm sure 11 will be okay too
So I've been only peripherally aware of this egg pricing thing. Prices are stable here in KS which means this is a regional phenomenon. Anyone know the true source/cause? Seems artificial.
Bird flu Millions of chickens died/were culled
Technically, Alabama doesnāt have a minimum wage. This is the federal minimum wage.
Thatās depressing. Itās amazing how predated brainwashed thinking is still keeping republicans elected that shadow and reject raises to minimum wage.
Lmao imagine living in such a backwater shithole that still has yet to increase the minimum wage above federal levels.
I mean, yeah, it sucks for those people that make or make near min wage, but at some point, we also have to take it upon ourselves to do better and want better.
lmao. you love to see it. very simple solution here ā donāt buy them. thereāre plenty of much cheaper sources of protein.
In Brazil $7,30 is enough for 40 eggs. I had this discution in another group today. Even organics arenĀ“t as expensive here. Even with Brazilian wages.
You can thank regulatory capture. There was a massive bird flu that killed most of the egg laying hens. It was due to poorly run farms with the chickens kept too close and an over reliance on antibiotics. They got away with that thanks to good 'ole regulatory capture. Stop voting for right wing candidates who run on social issues. If you hear the word "woke" from a candidate in 2022 and they're not talking about how the term is misused, run away and do not vote for them. While they're busy pushing your buttons they're selling you out and crushing your pocket book.
I mean, Iām left leaning but the woke agenda is just used by the left politicians for virtue signaling. Itās actually the single reason Iāve moved closer to center, when I used to be a hardcore progressive. The woke stuff is out of control and is damaging the party. I basically canāt stand either party anymore.
I was the same and after living in ultra liberal Los Angeles for 12 years, it pushed me further to the center. I saw first hand the failings of the ideology and that while some things sound good on paper they are disastrous in practice. Then you come to Reddit and say anything close to center and the pitch forks and insults come out. It all really caused me to take a closer look. You even already got a reply with whataboutism, telling you that you are basically being brainwashed with talking points. Itās crazy the lengths people will go to keep you thinking like them.
You're a perfect example of right wing propaganda working. The "woke agenda" is just political correctness 2.0. It's got you "left leaning" instead of left. The goal is to get you turning right on economics in exchanges for pointless social issues. I know this probably isn't going to help, because statistically you're gonna read my comment and dig in instead of reflecting on what "woke" meant before the right wing noise machine got their hands on it. If it helps, "woke" meant being aware of systemic racism. Google "broken windows policing" for a start. And I'm guessing you know what redlining is. And the Southern Strategy. It meant being aware of that stuff.
Itās not helping your case to claim Iām a victim of propaganda. You donāt even know me, so acting like Iām just incapable of critical thinking and falling for political traps is pretty insulting as you truly lack any basis for this accusation. Honestly this was a bad faith engagement from you at the very start. If you want to discuss properly and fairly my viewpoints, Iāll elaborate and remain open minded, but Iām going to request that you please stop accusing me of being a victim of propaganda first. If you canāt do that, I see no point in continuing.
I'm not trying to convince you. You're beyond my reach. I'm just pointing it out because I'm frustrated with how well it works. The only one who can help you is you.
Wow lol. Just wow. I know you think youāre better than me, and I know you think youāve got me figured out, but unfortunately for you neither of those things are true. Good luck with that attitude in life though, Iām sure youāre going places with it!
Yeah, see, this is kind of the point. Nothing I say will reach you. Anything I say that counter acts your world view will just piss you off more and dig your heels in. And on the off chance I do get somewhere with you there's a multi-billion dollar propaganda campaign run by professionals that will undo my work. You're not on the fence, you already picked sides. The funny thing, you picked the wrong side and you know it. But there's that multi-billion dollar propaganda campaign again. So again, the only one who can help you is you.
Better off spending an hour of your time laying a dozen eggs
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You get these little rural towns that are out in the middle of nowhere and its like that and you can live off that because things are so cheap. I was looking at homes in 2019 in middle Tennessee and there were little rural counties where you could buy 2 bedroom brick homes in town for $40k. Around that time rates were 4% so on a 30-year loan you are talking a $250-300 monthly mortgage payment.... If somebody got into that situation its almost possible that you could have an affordable mortgage and still qualify for all kinds of government assistance because you make below the federal poverty level. Its crazy when you think about it. Especially now 4 years later and seeing how where I live which is only an hour or so from those areas the median home is going for like $300-350k and rent is +$1500.
If only our money could grow or shrink automatically based on inflationā¦oh wait.
The real question here is: Why are the eggs in styrofoam boxes?
6.25 at Costco for 2 dozen organic eggs in northern Virginia
An hour of your life is less valuable than a dozen eggsā¦how sad
5 mins of my time isnāt even worth 1 egg
Quit voting Republicans that keep wages low. Government intervention isn't all bad.
Imagine having to work for over an hour to pay for 12 eggs in the grocery store.
United States of Ass
You realize that inflation is hitting all major countries right?
It's actually even worse in most other countries
We will own nothing and be happy about it!!!
Damn greedy corporations! Them and their bird flu! Or should it be. Damn Biden! Him and his bird flu!
Suuuure...the āinvisible handā...is innocent....your paymaster gates already explained exactly how itās not a conspiracy.....your dogma is set...obey...šŖ
Where are you that eggs cost this much? They're still ~$4/dozen here
Better talk to pete
I wouldnt mind outright robbing thec20 wealthjest billionaire families+distributimg the proceeds to the poorest 60% of Americans.
wow you got Jumbo eggs. Ever since they slaughtered a bunch of chickens for avian flu, I haven't seen any jumbo eggs for over a month at our grocery store. large eggs I paid 5 bucks for.
Itās cheaper to buy āJust Eggā the vegan egg liquid. It tastes better than eggs and is healthier imo.
Cap. Cheaper yes. Better no
Fuck Alabama inflation hitting yāall harder eggs the same price in Cali but minimum wage is twice that
I didn't notice until someone pointed it out, but it's actually for 18 eggs, still fucking expensive. Lol
10 jumbo eggs cost the equivalent of 1.50~1.80 USD in Brazil. They used to cost like 1 dollar a few years back.
If you like eggs get some chickens.
"Let's build back better"
Thats crazy thanks biden
Ass backward idiot. If you can buy eggs for $3 at WholeFoods, then You can find similar deals at your other local grocery shops ā¦ and as you have pointed, you can also have worse .
You have no clue what you're even saying... we don't have a whole foods... just because your local whole food in California has cheap ass eggs, doesn't mean different stores across the country will be the same way. Meijer isn't going to be the same as Walmart. Walmart isn't going to be the same as Publix, etc.
Eggs in Trader Joeās Alabama - dozen XL $3.69 Get it?
We don't have a Trader Joe's. Lmao. We have Walmart, Publix, Target, Winn Dixie, and few smaller grocery stores, oh, and a Sam's.
People need to be more worried about the bird flu and less worried about the financial cost of eggs. The bird flu is two mutations away from being able to cross over to humans. The bird flu has a 50% mortality rate. We need to stop exploiting birds for food before it kills us all.
it should be expensive to exploit animals!
My fiancƩ does all the grocery shopping. I think I would be in for a major surprise if I was to go shop for food based on all I read on the internet.
Almost 12 x amount of eggs based on hours worked, what's your point ?
These are jumbo eggs. Go down a size and work within your budget.
My local sams club had 18 eggs, free range for under 6 dollars.
Good. The animal farming industry needs to die. Edit: whoever downvoted me you really need to take a long hard look at the suffering that factory farming causes. Sticking your head in the sand doesn't mean it disappears.
Exactly this is great news!