Inflation Is UP For the Holidays

Americans looking to buy Thanksgiving turkeys, cranberry sauce and mashed potatoes this year will be hit with a much higher bill than they experience the last holiday season.

Under President Joe Biden, inflation has steadily risen all year, and the latest data shows things are unlikely to improve anytime soon.

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Even the New York Times reported that “This year’s Thanksgiving feast will wallop the wallet.”

Federal data shows inflation has risen the fastest in decades.

“The all items index rose 6.2 percent for the 12 months ending October, the largest 12-month increase since the period ending November 1990,” the Bureau of Labor Statistics said. “The index for all items less food and energy rose 4.6 percent over the last 12 months, the largest 12-month increase since the period ending August 1991. The energy index rose 30.0 percent over the last 12 months, and the food index increased 5.3 percent.”

Whether Biden can get the inflation under control next year remains to be seen.

“One-party Democrat rule “brought us inflation we haven’t seen in 31 years,” said Republican leader Rep. Kevin. McCarthy, R-Calif. “Gas prices the highest it’s been…a Thanksgiving that’s gonna cost you more than any time in your life. A border [with] 1.7 million encounters.”

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