Bidenomics: Thanksgiving Dinner Will Cost 25% More Under Biden Than Trump
Americans to Face Second-Most Expensive Thanksgiving Dinner on Record
Get ready for a Thanksgiving feast that will hit your wallet hard. According to the American Farm Bureau Federation, next week’s Turkey Day will be the second-most expensive on record. The average American can expect to pay 25 percent more for their Thanksgiving dinner in 2023 compared to 2019, the final year of Donald Trump’s presidency before the pandemic hit.
The Farm Bureau’s annual Thanksgiving dinner survey predicts that feeding 10 people at your table will cost around $61.17, reflecting historically high prices. While this is a slight decrease from last year’s cost, it’s worth noting that in 2019, under the Trump economy, the same dinner only cost $53.31.
Let’s talk turkey. This year’s Thanksgiving feast for 10 will run you
$61.17—about $6 dollars per person, according to Farm Bureau’s #ThanksgivingSurvey. That’s a 4.5% decrease from last year, but a Thanksgiving meal is still 25% higher than in 2019.https://t.co/gATnRarttk pic.twitter.com/pvnac5RC6I
— American Farm Bureau (@FarmBureau) November 15, 2023
The Farm Bureau acknowledges that there is some relief in food prices compared to last year, but the overall cost is still significantly higher than pre-pandemic levels. In 2019, the same Thanksgiving dinner only cost $53.31. Despite the challenges with inflation and rising food costs, farmers and ranchers continue to work hard to provide America with a safe and affordable food supply.
While the average cost of a 16-pound turkey has decreased by 5.6 percent from last year, it is still more expensive than in 2019. This year, a turkey will cost you $27.35, compared to $20.80 in 2019.
As Americans gather around the table this Thanksgiving, it’s important to give thanks not only for the food but also for the hard work of farmers and ranchers who ensure our food security and contribute to our national well-being.
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The post Bidenomics: Thanksgiving Dinner Will Cost 25% More Under Biden Than Trump appeared first on The Western Journal.
How does the increasing cost of Thanksgiving dinner fit into the larger trend of rising food prices, and how does it affect consumers’ budgets and quality of life
Ll trend is still a cause for concern. The increase in prices can be attributed to a variety of factors, including rising inflation, supply chain disruptions, and increased demand for certain food items.
One of the main contributors to the higher cost of Thanksgiving dinner is the price of turkey. The survey by the Farm Bureau reveals that the average cost of a 16-pound turkey is $21.57, a 21% increase from last year. Other traditional Thanksgiving staples such as stuffing, cranberries, and pumpkin pie mix have also seen price increases. The rising costs can be attributed to factors such as labor shortages, transportation challenges, and increased production and packaging costs.
While some may argue that a 25% increase in the cost of Thanksgiving dinner is insignificant, it is important to consider the impact on families and individuals who are already struggling to make ends meet. With the ongoing economic challenges brought about by the pandemic, this increase in food prices can put a significant strain on households that are already experiencing financial difficulties.
Furthermore, the rising cost of Thanksgiving dinner is not an isolated issue. It is part of a larger trend of increasing food prices that has been observed in recent years. This trend not only affects Thanksgiving dinner but also the overall cost of groceries and dining out. These increasing costs can have a cascading effect on consumers’ budgets and ultimately impact their quality of life.
So, what can Americans do to navigate this situation? One option is to consider alternative menu options that are more cost-effective. For example, opting for chicken instead of turkey or choosing in-season fruits and vegetables can help reduce the overall cost of the meal. Additionally, planning and budgeting ahead of time can also be beneficial in managing expenses.
In conclusion, Americans can expect to pay 25% more for their Thanksgiving dinner in 2023 compared to 2019. While this increase may not seem significant to some, it adds to the overall trend of rising food prices, which can have a considerable impact on households struggling to make ends meet. It is important for individuals and families to be mindful of their budgets and explore cost-effective alternatives to ensure an enjoyable Thanksgiving without breaking the bank.
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