|

Some random post-Thanksgiving thoughts

Hope everyone had a restful Thanksgiving with lots of good food and company. I was totally in a relaxed mood and forgot about doing a post, even after Thanksgiving.

This will be a very short post and not apropos to anything, i.e., it will be a useless post.

A couple of random thoughts:

  • I think for the US, hurricane season is effectively over with the onslaught of the latest cold front. Winter is here.
  • The Caribbean may still have a tropical storm, but I think the odds are very low.
  • The cold front brought a strong cold snap with snow and blustery weather during Thanksgiving across the Midwest and Northeast (I think – the weather people kept talking about bad travel weather for Thanksgiving, starting on Thanksgiving).
  • It definitely was cooler yesterday where I live.
  • My video feed was showing me a lot of FAFO (F*** around and find out) sentiments, so I do wonder how widespread those feelings were. I suspect there were a lot of unhappy people this Thanksgiving, on both sides of the aisle.
  • The news I see are very depressing with a lot of dire economic prognosis from the future imposition of tariffs and from the immigrant deportation. I believe my last post referenced those economic forecasts. Here’s the link to the post: Inflation impact on the people’s mood – Veronique Frizzell
  • A video suggested that we should track the price of eggs and gas since the reason some people voted for Trump was they thought he would defeat the inflation. The price of eggs and gas was killing them. So here are some starting snapshots from Excel:

History of Egg Prices, pulled 11/27/2024

U.S. Bureau of Labor Statistics, Average Price: Eggs, Grade A, Large (Cost per Dozen) in U.S. City Average [APU0000708111], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/APU0000708111, November 27, 2024. Blue shade: Trump 1st presidency

Based upon this image, yeah, you can see why people squealed about the prices of eggs.

History of gas prices, pulled 11/27/2024

U.S. Energy Information Administration, Average Price: US Regular All Formulations Gas Price, retrieved from FRED, Federal Reserve Bank of St. Louis, using Excel add-in; GASREGW, November 27, 2024. Shaded area: Trump’s 1st presidency.

Again, we can see why people are squealing. I’m not sure about tariffs impacting gas prices but we shall see. Eggs could be impacted if they come from Mexico or Canada or have lots of immigrants tending to eggs.

I need to remember to do another snapshot just before January 20, 2025. And I do wonder about CPI numbers. Comparing 1990 prices to 2024 prices would be difficult if I’m not taking into account inflation numbers. I need to look at that point. But for recent years, there is no denying that we suffered post-pandemic inflation while the Trump years actually had some decline in prices.

Kind of a startling thing to see.

The person who called for the tracking of egg and gas prices might be in for some disappointment.

Similar Posts