The Claim: “Prices Are Falling” During the latest State of the Union, Americans were told that beef, chicken, and egg prices are declining — that relief is here, that policy is working, that the corner has been turned. That sounds comforting. But economic reality doesn’t run on applause lines. When you step away from the speech and look at the Bureau of Labor Statistics data, a more complicated — and less flattering — picture emerges. Beef: Record Highs Don’t Magically Disappear Let’s start with beef. Ground beef averaged $6.75 per pound in January — the highest level ever recorded. That’s a 22% increase from a year ago. Steaks? Still hovering near record highs. Roasts? Elevated and up double digits year…
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