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Honduras 2021 Elections Live Blog

10:21 P.M. EST: While Libre Party supporters, and opponents of the governing National Party, celebrate, many observers are still voicing caution. While Castro’s lead in the preliminary results appears decisive, if indeed the 16 percent sample is represent

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10:21 P.M. EST: While Libre Party supporters, and opponents of the governing National Party, celebrate, many observers are still voicing caution. While Castro’s lead in the preliminary results appears decisive, if indeed the 16 percent sample is representative of the total vote, it is worth remembering that early results in 2017 also gave the opposition a significant (although much smaller) lead. As our own Alex Main summarized:

After a long, unexplained delay, the TSE announced that Salvador Nasralla ― candidate of the Opposition Alliance Against the Dictatorship ― was in the lead by 5 points with 57 percent of votes counted. But then the electronic vote count was delayed for more than 30 hours. Over the following days, additional “technical failures” occurred. When the count resumed, Nasralla’s lead gradually evaporated and, by late in the day on November 30, Hernández was ahead by 1.5 percentage points.

Considering this precedent, as well as the many irregularities witnessed today (which we have attempted to document on this blog), continued scrutiny of the tabulation process and the official results is warranted. And irregularities should be investigated by credible authorities.

9:52 EST: Announcing preliminary results based on 2,929 presidential actas that comprise 16.01 percent of the total (18,293), the CNE says Libre Party candidate Xiomara Castro obtained 53.4 percent of the vote, with National Party candidate Nasry Asfura second with 34 percent, and Liberal Party candidate Yani Rosenthal third with 9 percent.

9:38 P.M. EST: CNE President Kelvin Aguirre announced that over 3 million Honduras voted, meaning voter participation of about 62 percent. Watch the CNE press conference underway here.

9:16 P.M. EST: An exit poll from CESPAD, and another reported by right-wing outlet La Tribuna, give Xiomara Castro a decisive lead.

8:38 P.M. EST: Scattered reports of ongoing Libre presence at voting centers, and diminishing National Party presence, continue. The CNE is supposed to announce preliminary results at 8:00 p.m. Honduras time (9:00 p.m. EST).

CORRECTION: 8:26 P.M. EST: Honduras Now reported how the disenfranchisement and chaos at [one JRV] at the Escuela Republica de Panamá in Buenos Aires, Tegucigalpa concluded:

8:15 P.M. EST: Election observer Burke Bindbeutel sends this photo of presidential ballot counting at the Escuela Republica de Panamá in Buenos Aires, Tegucigalpa. Many voters there reportedly were unable to cast ballots today (see below).

Counting presidential ballots at the the Escuela Republica de Panamá in barrio Buenos Aires Tegucigalpa. Photo: Burke Bindbeutel

7:59 P.M. EST: The US government-funded non-profit organization Association for a More Just Society has told the media it too is concerned by many irregularities today, including that people with invalid identity cards being allowed to vote, ballots lacking stamps put in ballot boxes, and “non-application of indelible ink to voters or inclusion of deceased persons in the electoral roll.” 

7:49 P.M. EST: Honduran national and well-known professor Suyapa Portillo Tweeted earlier this evening that voting was “non-operational” at the consulate in Los Angeles, CA, another example of impediments to voting in the US (see below).

7:37 P.M. EST: An election observer at Instituto España Jesus Milla Silva in Colonia Kennedy, Tegucigalpa reports “Crowds rush the polling site after an onlooker says they saw a stack of IDs during the vote count.”

7:26 P.M. EST: Manuel Zelaya, former president and possibly future first gentleman, announced earlier that the Opposition Alliance will hold a press conference at 8:00 p.m. Honduras time, the same time the CNE is expected to make its first statements after the conclusion of the election.

7:18 P.M. EST: Honduras Now reports:

 

7:15 P.M. EST: An election observer at the CEB Monseñor Jacobo Cáceres in Suyapa, Tegucigalpa reports they are “In a vote count preceding calmly and orderly. The public is standing outside the classroom and watching through the windows as the JRV LIBRE and PN members each look at hold up the ballot for the people outside to see.”

6:19 P.M. EST: The PJE and CESPAD have issued a new alert denouncing obstruction of the voting center at the Escuela Republica de Panamá, Buenos Aires, Tegucigalpa, and apparent conflict between electoral authorities and voters there (see below).

6:12 P.M. EST: Election observers documented the lack of accessibility for disabled people to vote at the Escuela Republica de Panamá, Buenos Aires, Tegucigalpa.

6:07 P.M. EST: Honduran media reported at 6:00 ET that CNE president Kelvin Aguirre said voting will be extended for an extra hour at voting centers where there is unanimous agreement.

5:59 P.M. EST: As voting centers prepare to close, election observers talk to media.

An election observer talks to media

Election observer talking to media

5:42 P.M. EST: The CNE statement denouncing an attack on its web server also calls on candidates and media to abstain from publicly (and illegally) declaring victory or other information about election results, in an apparent reference to the National Party press conference earlier today. The CNE also said that voting should be extended so that the last person still in line will be able to vote, in accordance with Article 265 of the Electoral Law, and that the fingerprint registry shows that 36 percent of eligible voters came out to vote today.

5:19 P.M. EST: Contra Corriente’s Jennifer Avila reported at 4:55 p.m. that the CNE claimed there had been an attack on its web server. The site has been offline throughout the day (see below).

5:16 P.M. EST: An election observer reports: “Ruinas Copan 2801: One hour before closing time. Just over 2/3 of the possible votes are in. Things have pretty much ground to a halt. There are no people outside waiting to vote.”

5:15 P.M. EST: National Party leader Fernando Aduray is blaming alleged incidents of “violence” and disorder on the Libre Party, whom he said want to “generate chaos and anarchy” after learning of the adverse primary results at noon” [presumably the National Party’s much-condemned televised press conference declaring victory]. Aduray also linked the Libre Party with “communism in Venezuela and the Sao Paulo Forum.”

5:05 P.M. EST: The PJE and CESPAD have issued a statement denouncing the “threat of fraud” in public statements made by David Chávez, of the central committee of the National Party, declaring victory before voting has concluded. (See below.)

5:00 P.M. EST: Honduran newspaper El País reportsProblems with some people who are not on the voting lists at the Paz Barahona School in San Pedro Sula.”

4:40 P.M. EST: Election observers at a voting center in in Buenos Aires, Tegucigalpa documented the tense scene outside as party representatives worked to determine a more efficient system to allow the many people waiting, for hours, outside, to vote, while inside there are reportedly JRVs with few voters waiting.

4:30 P.M. EST: Just before 4:00 EST, Nuestra Red and Global Exchange, which both have many observers on the ground in Honduras today, denounced the “buying and selling [of] votes in the department of Francisco Morazán through tickets issued by political activists.”

3:57 P.M. EST: An election observer in Buenos Aires, Tegucigalpa, reports: “Allegations at the Buenos Aires voting center that there is a guy in a blue hat (with a B on it) collaborating with police to only let in people voting for the Partido Nacional.”

A man in a blue hat with a letter B on it allegedly works with police to only allow NP voters into a voting center.

3:41 P.M. EST: An election observer documented very long lines outside a voting center in the Buenos Aires neighborhood of Tegucigalpa. “A woman in line told me that they had already been in line for two hours, and that the line isn’t moving at all.  She has worked the polls before, and it’s never been like this.” 

3:33 P.M. EST: An election observer in Lepaera, Lempira sent this photo from inside a voting center:

A voting center in Lepaera, Lempira.

3:22 P.M. EST: Honduran media report that the voting center at the Fraternidad de Villanueva school finally received their technological kit at around 2:00 p.m. local time. Voting center workers had been trying to get the kits since 9:00 a.m. local time.

3:18 P.M. EST: Independent media organization Report Without Fear notes that some voting table supervisors in San Pedro Sula are not stamping ballots prior to depositing them.

3:01 P.M. EST: An election observer documented a lull in voting at Monseñor Cáceres at 2:37 P.M. EST.

"A lull in voting here at Monseñor Cáceres"

2:39 P.M. EST: Honduran TV network HCH broadcast a press conference by governing National Party representatives declaring victory, some four hours before voting centers close. This has drawn condemnation from the Progressive International, among others, who see it as  an “effort to disinform voters, dissuade participation, and endanger democracy in Honduras.” EU Electoral Observation Mission head Željana Zovko has expressed concern about political parties claiming victory already.

2:19 P.M. EST: Right-wing newspaper site La Tribuna posted an article earlier citing the defense secretary as claiming that the armed forces delivered election materials to “each designated place,”  “even in the most remote areas of the country,” But numerous election observer and media reports have shown that this is not true.

2:12 P.M. EST: The CNE census site, which voters rely on to find out their voting location, continues to be offline, drawing complaints and condemnation.

1:44 P.M. EST: The PJE and CESPAD have issued a new alert about election irregularities, including that “at least 17  Voting Table Supervisory Groups” in 5 departments did not receive their technological kits to process votes, that some Voting Table Supervisory Groups do not have equipment to collect fingerprints, and that there are reports of party propaganda inside of 19 voting centers.

1:32 P.M. EST: El Pulso reports, with video, that armed forces closed a voting center in Tela, Atlántida, after a conflict broke out there. 

1:28 P.M. EST: An election observer reports: “At a polling site in Tegucigalpa, a scuffle broke out amid complaints of people taking photos of their ballots in exchange for 5000 Lempiras.”

12:47 P.M. EST: Televicentro HN reported at 12 noon ET that voting kits had finally arrived in Choluteca and Siguatepeque, four hours after voting was supposed to have started.

12:43 P.M. EST: The PJE and CESPAD have issued an alert about election observers being hindered from entering a voting center: “In the Saúl Bueso Castañeda school, a voting center in the municipality of Santa Rita in the department of Copán, the secretary of the Municipal Electoral Council impeded the access of accredited observers of the Youth Electoral Platform into the voting center.”

12:39 P.M. EST: Peninsula 360 Press reports on vote buying, and delays. They interviewed Marco Castillo of Global Exchange, who told the outlet earlier, “We have been observing and, above all, what they are reporting to me is that the whole process is super delayed here in the Colón area…” He also told Peninsula 360 that yesterday they documented a federal government official wearing  a cap promoting a National Party political candidate while making payments for a social program “in the same school” that is serving as a voting center today.

12:24 P.M. EST: Independent media outlet Contra Corriente reports that CESPAD’s Lucía Vijil has witnessed “political patronage” by the ruling National Party, with “state resources being used in voting centers, for example, to buy food in exchange for votes.”

12:17 P.M. EST: The Plataforma Juvenil Electoral (PJE), and CESPAD, which each have observers at various voting centers today, issued an alert that party representatives are instructing people how to vote at the Federico Padilla Rubi school in the town of Arenalitos, La Paz department.

12:02 P.M. EST: The International Honduran Diaspora has issued a statement denouncing that few national ID cards (DNI) have been delivered to Hondurans residing in the United States, “where more than 1 million compatriots live.” “Only 12,858 DNI enrollments were made and only 1,090 were delivered,” the group says, noting that consular offices also used the Thanksgiving holiday as an excuse to delay delivery.

The lack of ID cards among Hondurans abroad has been a major concern ahead of the election.

11:52 A.M. EST: An election observer reports: “A Partido Nacional team is ‘capturing’ votes outside Monseñor Cáceres school. Every time a voter comes to the school, they pick them by the arm and push them to their tent. At the tent they are recording their IDs, and voters get instructions. After voting, they receive a mug.”

Outside Monseñor Cáceres school

A voter with a mug he received from National Party members after he voted.

11:43 A.M. EST: How much will dissatisfaction with incumbent president Juan Orlando Hernández affect how people vote today? Much of US reporting on the elections stresses the scandals, corruption, and repression of the Hernández era, and the current government’s failures in improving the living standards of most Honduras, and in responding to the COVID-19 pandemic. For example, Jared Olson reports for the Los Angeles Times:

Hernandez has left the nation in ruins as tens of thousands of Hondurans flee for better lives in the U.S. and elsewhere. The president’s years in power have been marked by human rights violations, extrajudicial killings, stolen public money, poverty and complicity in drug trafficking at the highest levels of government.

“Juan Orlando is leaving us with a broken country,” said Lenín Laínez, a congressman for the opposition Libre party. “A country in debt, with serious narco-corruption, with high levels of criminality and one of the most unequal populations in Latin America.”

The National Party “has left us with a Honduras where it’s impossible to access quality, free healthcare or education,” said Anabel Melgar, a member of the National Front for Youth in Resistance. “They embezzled the health fund, and thousands of people have died because, with the money from the fund stolen, they handed out [poor-quality] pills.”

This graffiti in Tegucigalpa reflects anti-Hernández sentiment.

Fuera JOH graffiti
(Photo: Burke Bindbeutel)

11:07 A.M. EST: Various purported opinion polls, or images of supposed poll results, are already circulating. Observers caution to be wary of such purported polls, and numerous Honduran media outlets have committed to avoid reporting any such polls until after the CNE makes its first official announcement, which it is supposed to do after 8:00 p.m. Honduras time.

11:01 A.M. EST: Journalist José Luis Granados Ceja is documenting the situation in various voting centers today. These photos illustrate aspects of the voting process, from fingerprint scanning to depositing of ballots:

A voter has their fingerprint scanned. Photo: José Luis Granados Ceja

An election official with ballots. Honduras 2021 elections. Photo: José Luis Granados Ceja

A voter deposits her ballot for president. Honduras 2021 elections. Photo: José Luis Granados Ceja

10:38 A.M. EST: An election observer reports: “The JRV [Voting Table Supervisory Group] where I am stationed [in Distrito Central, Francisco Morazán] opened late (8am instead of 7) because of a problem with the password for the fingerprint ID machine. Voting has been consistent and one of the JRV members told me that she has worked mesas before and it seems like more traffic than before.”

10:15 A.M. EST: The CNE census site is still offline, making it difficult for people to find out where they are supposed to vote, as Honduras Now (which also has a useful podcast episode providing background on this election) explains:

9:51 A.M. EST: Honduran media report long lines at voting centers in Comayagüela (northwest of Tegucigalpa) 
and at the Centro de Educación Básica Gubernamental Dr José Antonio Peraza de la colonia 6 de Mayo del sector Rivera Hernández in San Pedro Sula, where the voting center still had not opened as of 9:00 a.m. EST, an hour after voting was supposed to have started. 

9:42 A.M. EST: Honduras’s major trade association, the Honduran Council of Private Enterprise (COHEP) issued a statement calling on the National Electoral Council (CNE) “to adhere to the constitutional framework, and perform rigorous and transparent work, which guarantees the legitimacy of this electoral process,” and urging “that all relevant information, is communicated in a clear, accurate and timely manner” by the CNE.

9:22 A.M. EST: A number of political candidates, including presidential candidate Xiomara Castro and vice presidential candidate Salvador Nasralla, are voting early. “We set the example of going out to vote early. Honduras needs a real change,” Castro told reporters.

9:13 A.M. EST: Honduran media are reporting late openings of some voting centers, in La Ceiba and la Villa Olímpica in Tegucigalpa where a voting center reportedly opened more than 40 minutes late. Meanwhile, the website of the National Electoral Council (CNE), one of the electoral institutions created as part of reforms following election-rigging in 2017, is experiencing problems.

8:59 A.M. EST: Election observers reportLines at the polls, lots of excitement & lots difficulties with the system that will transmit preliminary results to the CNE center in Tegucigalpa (TREP).” Honduran media and foreign correspondents also are reporting long lines at polling places in some urban areas.

Today, November 28, Hondurans head to the polls for crucial elections amid escalating political violence across the country. Voters will be electing a new president, the entirety of the 128-seat National Congress, every mayor of the country’s 298 municipalities, and over 2000 municipal councilors, as well as 20 representatives to the Central American Parliament.

At the presidential level, the leading contenders are ruling National Party candidate Nasry “Tito” Asfura and Xiomara Castro of the Liberty and Refoundation Party (LIBRE). The most recent polling, from late October (Honduran law forbids polling within one month of scheduled elections) showed Castro with a significant lead over Asfura: 38 to 21 percent, with Liberal Party candidate Yani Rosenthal well behind both.

Honduras has experienced political violence in the run-up to the elections. The United Nations Office of the High Commissioner for Human Rights most recently cited 29 political killings. Recent high-profile assassinations include a Liberal Party mayor running for reelection, Francisco Gaitán, and Luis Casaña, a LIBRE Party candidate for municipal councilor who was shot shortly after leaving a campaign event with presidential candidate Xiomara Castro.

Electoral reforms negotiated after the 2017 elections and subsequent protests, but not approved until after party primaries in March of this year, have given rise to hope for a more transparent process. Crucial technical aspects of the electoral process, however — such as the newly implemented fingerprint identification system — are presenting serious challenges. This includes problems stemming from this year’s electoral census and the administration of new identification cards required for voting. According to reports, more than 350,000 Hondurans were still without these new ID cards as of mid-November, including many in the US. Already, the day before the elections, observers reported irregularities, including apparent vote-buying, voter intimidation, and failure the deliver materials and equipment needed to transmit vote results. 

Also a product of the negotiated reforms is the highly political makeup of the National Electoral Council (CNE), whereby each of the three major parties has one voting member in the CNE. Given that the contenders for the presidency are from LIBRE and the National Party, the Liberal Party CNE councilor could act as a potential key swing vote on Sunday night, and after.

Yet many are expressing cautious optimism — including Gustavo Irías, executive director of Honduras’s Center for Democracy Studies (CESPAD) — that Sunday’s elections could signal a turning point following 12 years of crisis since the coup. In order to monitor conditions on the ground during the elections, CESPAD has partnered with US-based human rights organization Global Exchange to deploy dozens of international, and more than 250 national, observers to polling stations across the country.

Read this post for more background and context on Honduras’s 2021 elections.

The post Honduras 2021 Elections Live Blog appeared first on Center for Economic and Policy Research.

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate…

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Low Iron Levels In Blood Could Trigger Long COVID: Study

Authored by Amie Dahnke via The Epoch Times (emphasis ours),

People with inadequate iron levels in their blood due to a COVID-19 infection could be at greater risk of long COVID.

(Shutterstock)

A new study indicates that problems with iron levels in the bloodstream likely trigger chronic inflammation and other conditions associated with the post-COVID phenomenon. The findings, published on March 1 in Nature Immunology, could offer new ways to treat or prevent the condition.

Long COVID Patients Have Low Iron Levels

Researchers at the University of Cambridge pinpointed low iron as a potential link to long-COVID symptoms thanks to a study they initiated shortly after the start of the pandemic. They recruited people who tested positive for the virus to provide blood samples for analysis over a year, which allowed the researchers to look for post-infection changes in the blood. The researchers looked at 214 samples and found that 45 percent of patients reported symptoms of long COVID that lasted between three and 10 months.

In analyzing the blood samples, the research team noticed that people experiencing long COVID had low iron levels, contributing to anemia and low red blood cell production, just two weeks after they were diagnosed with COVID-19. This was true for patients regardless of age, sex, or the initial severity of their infection.

According to one of the study co-authors, the removal of iron from the bloodstream is a natural process and defense mechanism of the body.

But it can jeopardize a person’s recovery.

When the body has an infection, it responds by removing iron from the bloodstream. This protects us from potentially lethal bacteria that capture the iron in the bloodstream and grow rapidly. It’s an evolutionary response that redistributes iron in the body, and the blood plasma becomes an iron desert,” University of Oxford professor Hal Drakesmith said in a press release. “However, if this goes on for a long time, there is less iron for red blood cells, so oxygen is transported less efficiently affecting metabolism and energy production, and for white blood cells, which need iron to work properly. The protective mechanism ends up becoming a problem.”

The research team believes that consistently low iron levels could explain why individuals with long COVID continue to experience fatigue and difficulty exercising. As such, the researchers suggested iron supplementation to help regulate and prevent the often debilitating symptoms associated with long COVID.

It isn’t necessarily the case that individuals don’t have enough iron in their body, it’s just that it’s trapped in the wrong place,” Aimee Hanson, a postdoctoral researcher at the University of Cambridge who worked on the study, said in the press release. “What we need is a way to remobilize the iron and pull it back into the bloodstream, where it becomes more useful to the red blood cells.”

The research team pointed out that iron supplementation isn’t always straightforward. Achieving the right level of iron varies from person to person. Too much iron can cause stomach issues, ranging from constipation, nausea, and abdominal pain to gastritis and gastric lesions.

1 in 5 Still Affected by Long COVID

COVID-19 has affected nearly 40 percent of Americans, with one in five of those still suffering from symptoms of long COVID, according to the U.S. Centers for Disease Control and Prevention (CDC). Long COVID is marked by health issues that continue at least four weeks after an individual was initially diagnosed with COVID-19. Symptoms can last for days, weeks, months, or years and may include fatigue, cough or chest pain, headache, brain fog, depression or anxiety, digestive issues, and joint or muscle pain.

Tyler Durden Sat, 03/09/2024 - 12:50

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Walmart joins Costco in sharing key pricing news

The massive retailers have both shared information that some retailers keep very close to the vest.

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As we head toward a presidential election, the presumed candidates for both parties will look for issues that rally undecided voters. 

The economy will be a key issue, with Democrats pointing to job creation and lowering prices while Republicans will cite the layoffs at Big Tech companies, high housing prices, and of course, sticky inflation.

The covid pandemic created a perfect storm for inflation and higher prices. It became harder to get many items because people getting sick slowed down, or even stopped, production at some factories.

Related: Popular mall retailer shuts down abruptly after bankruptcy filing

It was also a period where demand increased while shipping, trucking and delivery systems were all strained or thrown out of whack. The combination led to product shortages and higher prices.

You might have gone to the grocery store and not been able to buy your favorite paper towel brand or find toilet paper at all. That happened partly because of the supply chain and partly due to increased demand, but at the end of the day, it led to higher prices, which some consumers blamed on President Joe Biden's administration.

Biden, of course, was blamed for the price increases, but as inflation has dropped and grocery prices have fallen, few companies have been up front about it. That's probably not a political choice in most cases. Instead, some companies have chosen to lower prices more slowly than they raised them.

However, two major retailers, Walmart (WMT) and Costco, have been very honest about inflation. Walmart Chief Executive Doug McMillon's most recent comments validate what Biden's administration has been saying about the state of the economy. And they contrast with the economic picture being painted by Republicans who support their presumptive nominee, Donald Trump.

Walmart has seen inflation drop in many key areas.

Image source: Joe Raedle/Getty Images

Walmart sees lower prices

McMillon does not talk about lower prices to make a political statement. He's communicating with customers and potential customers through the analysts who cover the company's quarterly-earnings calls.

During Walmart's fiscal-fourth-quarter-earnings call, McMillon was clear that prices are going down.

"I'm excited about the omnichannel net promoter score trends the team is driving. Across countries, we continue to see a customer that's resilient but looking for value. As always, we're working hard to deliver that for them, including through our rollbacks on food pricing in Walmart U.S. Those were up significantly in Q4 versus last year, following a big increase in Q3," he said.

He was specific about where the chain has seen prices go down.

"Our general merchandise prices are lower than a year ago and even two years ago in some categories, which means our customers are finding value in areas like apparel and hard lines," he said. "In food, prices are lower than a year ago in places like eggs, apples, and deli snacks, but higher in other places like asparagus and blackberries."

McMillon said that in other areas prices were still up but have been falling.

"Dry grocery and consumables categories like paper goods and cleaning supplies are up mid-single digits versus last year and high teens versus two years ago. Private-brand penetration is up in many of the countries where we operate, including the United States," he said.

Costco sees almost no inflation impact

McMillon avoided the word inflation in his comments. Costco  (COST)  Chief Financial Officer Richard Galanti, who steps down on March 15, has been very transparent on the topic.

The CFO commented on inflation during his company's fiscal-first-quarter-earnings call.

"Most recently, in the last fourth-quarter discussion, we had estimated that year-over-year inflation was in the 1% to 2% range. Our estimate for the quarter just ended, that inflation was in the 0% to 1% range," he said.

Galanti made clear that inflation (and even deflation) varied by category.

"A bigger deflation in some big and bulky items like furniture sets due to lower freight costs year over year, as well as on things like domestics, bulky lower-priced items, again, where the freight cost is significant. Some deflationary items were as much as 20% to 30% and, again, mostly freight-related," he added.

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Walmart has really good news for shoppers (and Joe Biden)

The giant retailer joins Costco in making a statement that has political overtones, even if that’s not the intent.

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As we head toward a presidential election, the presumed candidates for both parties will look for issues that rally undecided voters. 

The economy will be a key issue, with Democrats pointing to job creation and lowering prices while Republicans will cite the layoffs at Big Tech companies, high housing prices, and of course, sticky inflation.

The covid pandemic created a perfect storm for inflation and higher prices. It became harder to get many items because people getting sick slowed down, or even stopped, production at some factories.

Related: Popular mall retailer shuts down abruptly after bankruptcy filing

It was also a period where demand increased while shipping, trucking and delivery systems were all strained or thrown out of whack. The combination led to product shortages and higher prices.

You might have gone to the grocery store and not been able to buy your favorite paper towel brand or find toilet paper at all. That happened partly because of the supply chain and partly due to increased demand, but at the end of the day, it led to higher prices, which some consumers blamed on President Joe Biden's administration.

Biden, of course, was blamed for the price increases, but as inflation has dropped and grocery prices have fallen, few companies have been up front about it. That's probably not a political choice in most cases. Instead, some companies have chosen to lower prices more slowly than they raised them.

However, two major retailers, Walmart (WMT) and Costco, have been very honest about inflation. Walmart Chief Executive Doug McMillon's most recent comments validate what Biden's administration has been saying about the state of the economy. And they contrast with the economic picture being painted by Republicans who support their presumptive nominee, Donald Trump.

Walmart has seen inflation drop in many key areas.

Image source: Joe Raedle/Getty Images

Walmart sees lower prices

McMillon does not talk about lower prices to make a political statement. He's communicating with customers and potential customers through the analysts who cover the company's quarterly-earnings calls.

During Walmart's fiscal-fourth-quarter-earnings call, McMillon was clear that prices are going down.

"I'm excited about the omnichannel net promoter score trends the team is driving. Across countries, we continue to see a customer that's resilient but looking for value. As always, we're working hard to deliver that for them, including through our rollbacks on food pricing in Walmart U.S. Those were up significantly in Q4 versus last year, following a big increase in Q3," he said.

He was specific about where the chain has seen prices go down.

"Our general merchandise prices are lower than a year ago and even two years ago in some categories, which means our customers are finding value in areas like apparel and hard lines," he said. "In food, prices are lower than a year ago in places like eggs, apples, and deli snacks, but higher in other places like asparagus and blackberries."

McMillon said that in other areas prices were still up but have been falling.

"Dry grocery and consumables categories like paper goods and cleaning supplies are up mid-single digits versus last year and high teens versus two years ago. Private-brand penetration is up in many of the countries where we operate, including the United States," he said.

Costco sees almost no inflation impact

McMillon avoided the word inflation in his comments. Costco  (COST)  Chief Financial Officer Richard Galanti, who steps down on March 15, has been very transparent on the topic.

The CFO commented on inflation during his company's fiscal-first-quarter-earnings call.

"Most recently, in the last fourth-quarter discussion, we had estimated that year-over-year inflation was in the 1% to 2% range. Our estimate for the quarter just ended, that inflation was in the 0% to 1% range," he said.

Galanti made clear that inflation (and even deflation) varied by category.

"A bigger deflation in some big and bulky items like furniture sets due to lower freight costs year over year, as well as on things like domestics, bulky lower-priced items, again, where the freight cost is significant. Some deflationary items were as much as 20% to 30% and, again, mostly freight-related," he added.

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