Thanks for Nothin’, Joe: Bidenflation Drives Thanksgiving Prices to Record Highs

The cost of a Thanksgiving meal has jumped up 20 percent this year, Axios reported Wednesday.

A traditional Thanksgiving meal for 10 will cost $64.05, a record high, according to an American Farm Bureau survey. Sky-high inflation under President Joe Biden is the biggest cause, the farm bureau found, with economist Roger Cryan saying inflation is “slashing the purchasing power of consumers.”

The report comes as worries increase about the economy under Biden. Some of the largest corporations are cutting jobs even as the holiday season approaches, with layoffs jumping 13 percent in October. Consumer confidence, meanwhile, plummeted last month amid inflation and recession fears. Biden’s policies, including his $2 trillion American Rescue Plan and $400 billion student-loan cancellation scheme, have worsened inflation, economists say. – READ MORE

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