Dear Santa: Why Is Christmas So $@#*% Expensive This Year? Bidenomics has brought us Bidenflation, and a lump of coal.
by Issues & Insights
Jill Biden’s creepy video, featuring a troupe of tap dancers showing off the garish Christmas decorations in the White House, prompted one journalist to comment that they are “really going for the Hunger Games as this year’s Christmas theme.”
While they’re prancing around in the capital, out in the districts everyone else is struggling to pay the sky-high cost of this festive season.
Are you traveling to be with friends and family? Airfares are 18% higher than they were Christmas 2020. And if you try to cut costs by driving, gasoline prices are 45% higher.
Buying food for your guests will cost 20% more than the last Christmas before Bidenflation took hold.
PNC Bank’s annual “Christmas Price Index,” a gimmicky index that measures the cost to buy all the gifts mentioned in “Twelve Days of Christmas,” has gone up more than 13% in the past two years.
Haven’t bought a Christmas tree yet? It will cost you about 10% more than last year, which is on top of the 10% increase the year before, and 10% the year before that.
Those Christmas lights decorating the house? Your electric bill will be 24% higher. If you’re sending Christmas cards, stationery costs are up 27% under Biden.
At least drowning your sorrows in alcohol is getting less expensive.
Source: Consumer Price Index I&I Chart
Of course, this doesn’t count the fact that Americans have to squeeze this spending out of a 4% decline in real average weekly earnings since Christmas 2020. Or, to put it another way, Bidenflation costs the typical family $11,400 a year.
Which is why more than one in three Americans say they are skipping Christmas presents due to inflation concerns.
Is it any wonder, then, that as the Bidens frolic – while lecturing Americans that all is well – food prices, our ability to pay our bills, housing affordability, gasoline prices and overall inflation, are the top five economic issues in the latest TIPP poll?
Most families this year will probably feel less like costumed tap dancers and more like poor Mrs. Cratchit from “A Christmas Carol.”
Imagine the scene. Bob Cratchit raises his glass after the family’s Christmas dinner to toast President Joe Biden, and says, mimicking White House talking points:
“To Mr. Biden! The Founder of the Feast!”
To which Mrs. Cratchit replies: “The Founder of the Feast indeed! I wish I had him here. I’d give him a piece of my mind to feast upon, and I hope he’d have a good appetite for it.”
— Written by the I&I Editorial Board
Originally published by Issues & Insights. Republished with permission.
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