T o help explain why Donald Trump won the 2024 election, we need to talk about eggs. Eggs, bread, milk, bacon and Cheerios. In August, the Republican candidate laid out these items on a table at his luxury golf club in Bedminster, New Jersey.

“Kamala’s inflation nightmare,” he said, was costing the average family $1,100 a month. “Bacon is through the roof, they’re all through the roof. Milk, everything is bad.

We’re gonna straighten it out, we’re gonna bring prices way down.” At this point, you may want to scream, “That’s not how inflation works!” But consider, first, the trajectory of American grocery prices over the past two decades. For every presidential term since 2004, the price of a dozen eggs has remained within roughly the.