Good news for Americans. “For the second year in a row, the cost of buying Thanksgiving dinner has decreased from the year before, according to the American Farm Bureau Federation’s annual report released Wednesday.”

  • dan1101@lemm.ee
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    2 days ago

    Bad luck Biden. Finally getting economy back on track after 4 years. Right after losing reelection.

    • distantsounds@lemmy.world
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      2 days ago

      The headline is a little misleading…

      [Inflation rose at a 2.6% annual rate](https://www.bls.gov/news.release/pdf/cpi.pdf) in October, according to the consumer price index report released last week. But, most importantly in the report to America’s home chefs: Food at home prices are up just 1.1% from 2023. Compare that to 2022 when prices jumped more than 10% from 2021.

      Thanksgiving dinner may feel less expensive this year

      Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020

        • distantsounds@lemmy.world
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          1 day ago

          That’s completely understandable, but the title should be just that. Oversights like this lead to a distrust in the media/government because the mixed messaging. People see cost and think price; which is not saying the same as cost adjusted for inflation.

          People are dumb. I am person.

  • 𝔼𝕩𝕦𝕤𝕚𝕒@lemmy.world
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    2 days ago

    Thanks Biden for making things less expensive. “I did that!” Sticker here

    Shame “the eggs” were too expensive and I won’t be able to host it next year

  • Joeffect@lemmy.world
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    2 days ago

    Thanksgiving dinner may feel less expensive this year Inflation-adjusted cost of Thanksgiving dinner falls to lowest point since 2020.

    Yeah it’s not … ignoring the 30% increase in everything… Thanksgiving is cheaper

    • skuzz@discuss.tchncs.de
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      2 days ago

      For the moment he had shut his ears to the remoter noises and was listening to the stuff that streamed out of the telescreen. It appeared that there had even been demonstrations to thank Big Brother for raising the chocolate ration to twenty grammes a week. And only yesterday, he reflected, it had been announced that the ration was to be REDUCED to twenty grammes a week. Was it possible that they could swallow that, after only twenty-four hours? Yes, they swallowed it.

  • Admiral Patrick@dubvee.org
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    2 days ago

    “Just cause it’s an election year” /s

    I added the “/s” so it was super apparent I don’t actually think that. I’m merely preparing myself to hear that from at least one member of my family later this week.

  • Coreidan@lemmy.world
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    2 days ago

    And I distinctly remember stores nationwide last year were giving discounts around thanksgiving on staple holiday food items. So just another bullshit metric that doesn’t mean anything.

    In general food is considerably more expensive now than it’s ever been so these moronic skewed metrics aren’t going to change my opinion on how badly the government’s monetary policy over the last fifty years has been fucking over the public.

    All of the money printing by the federal reserve in response to Covid is largely why you’re feeling pain right now.

    • overload@sopuli.xyz
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      2 days ago

      Yep, excess money printing (there is now 5 times more money in circulation in the USA than the start 2020) and flowing to the hands of the few wealthiest individuals means the middle class share of the overall financial pie becomes smaller.

      Wages haven’t increased to match the increased money flowing around society.

      That results in regular people having less purchasing power and things feeling more expensive.