The holiday season is meant to be a relaxing time to spend with loved ones. We celebrate our blessings as Americans while surrounded by friends and family.
But for middle-class households across the country, those blessings have become nearly impossible to afford. Bidenomics is wreaking havoc on family budgets at a time when every dollar counts, and it’s exposing the failure of President Joe Biden’s economic policies. Bah, humbug!
This year, Americans were faced with one of the most expensive Thanksgivings on record – second only to 2022. According to the American Farm Bureau’s annual Thanksgiving survey, the cost of a Thanksgiving meal rose 25% over 2019’s prices.
The centerpiece turkey cost nearly 32% more than it did in 2019, and the price of other holiday staples spiked, too – with rolls up 54%, stuffing up 41%, pumpkin pie mix up 34%, and green beans up 32%.
What’s more, according to Forbes, 58% of those who planned to host Thanksgiving said they would be "accumulating debt to help cover costs." Food insecurity has risen by over 45% since August 2021, and food banks have been pushed to the brink, saying they are seeing the "worst rate of hunger" in years.
Yet Joe Biden couldn’t be any more out of touch. He spent Thanksgiving in Nantucket, where the median home price is $5 million, at the lavish home of one of his billionaire donors. He’s so disconnected from the everyday plight of Americans that he continues to brag about the effects of "Bidenomics" – as if Americans don’t feel the pain of rising prices every day.
Unfortunately, more reports are showing that it may only get worse from here. PNC Bank’s annual Christmas Price Index, which measures the cost of the dozen gifts outlined in the "Twelve Days of Christmas," just hit an all-time high – jumping another 2.7% after a 10.5% hike last year. The cost of a Christmas tree is 10% higher than a year ago, and more than one in three Americans are skipping Christmas presents due to inflation concerns. And with higher prices for flights, gas, and hotels, people are spending more just to see their families.
But for middle-class households across the country, those blessings have become nearly impossible to afford. Bidenomics is wreaking havoc on family budgets at a time when every dollar counts, and it’s exposing the failure of President Joe Biden’s economic policies. Bah, humbug!
This year, Americans were faced with one of the most expensive Thanksgivings on record – second only to 2022. According to the American Farm Bureau’s annual Thanksgiving survey, the cost of a Thanksgiving meal rose 25% over 2019’s prices.
The centerpiece turkey cost nearly 32% more than it did in 2019, and the price of other holiday staples spiked, too – with rolls up 54%, stuffing up 41%, pumpkin pie mix up 34%, and green beans up 32%.
What’s more, according to Forbes, 58% of those who planned to host Thanksgiving said they would be "accumulating debt to help cover costs." Food insecurity has risen by over 45% since August 2021, and food banks have been pushed to the brink, saying they are seeing the "worst rate of hunger" in years.
Yet Joe Biden couldn’t be any more out of touch. He spent Thanksgiving in Nantucket, where the median home price is $5 million, at the lavish home of one of his billionaire donors. He’s so disconnected from the everyday plight of Americans that he continues to brag about the effects of "Bidenomics" – as if Americans don’t feel the pain of rising prices every day.
Unfortunately, more reports are showing that it may only get worse from here. PNC Bank’s annual Christmas Price Index, which measures the cost of the dozen gifts outlined in the "Twelve Days of Christmas," just hit an all-time high – jumping another 2.7% after a 10.5% hike last year. The cost of a Christmas tree is 10% higher than a year ago, and more than one in three Americans are skipping Christmas presents due to inflation concerns. And with higher prices for flights, gas, and hotels, people are spending more just to see their families.
