
Holiday Spending to Break $1 Trillion as Democrats Push Economic Narrative
28.11.2025
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13:14
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Affordability Narrative
- Democrats were previously dismissing inflation and now emphasizing affordability.
- Democrats are trying to portray the economy as a disaster and blame Trump.
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Gas Prices & Energy
- Positive news: Thanksgiving gas prices at their lowest since the pandemic.
- National average forecast: $3.02 per gallon.
- Nearly 30 states have prices under $3; Oklahoma leads at $2.50.
- Liberal states like California have much higher prices ($4.63), attributed to regulation and taxation.
- Trend framed as a result of Trump’s energy policies.
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Holiday Spending
- U.S. holiday spending expected to top $1 trillion for the first time.
- Mixed consumer sentiment:
- Surveys show some tightening (Gen Z plans to spend 23% less).
- National Retail Federation predicts sales growth of 2.9–3.4%.
- Concerns about tariffs and shipping delays; advice to shop early.
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Thanksgiving Meal Costs
- Down 5% from last year, lowest in four years.
- Average cost for 10 people: $55.18.
- Sharp decline in turkey prices (down 16%).
- Contrast with Biden-era inflation:
- Prices surged 14% in 2021 and 20% in 2022.
- Overall increase of ~24% during Biden’s term.
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