Bidenflation could lead to blue Christmas for many Americans

The holiday season will likely take a heavier toll on many American families this year as inflation increases prices on goods, while supply chain problems may make certain gifts unavailable or more difficult to obtain.

The Department of Labor issued two reports last week that showed how much the prices of many items have increased over the past 12 months. Breitbart News compiled the following list related to holiday purchases and related increases:

  • Toys, games, and children’s vehicles: + 5.8 percent.
  • Sporting and athletic goods: +12.0 percent.
  • Sports vehicles including bicycles: +8.9 percent.
  • Televisions: +12.9 percent.
  • Pets and pet supplies: +4.2 percent.
  • Home electronic equipment: +6.4 percent.
  • Home appliances: 5.0 percent.
  • Major appliances: 9.7 percent.
  • Cameras and photographic equipment: +6.9 percent.
  • Computers and smart home assistants: +8.5 percent.

Not Just Gifts

The increased prices have impacted more than holiday gift purchases. Gas prices have taken a hit as well, with the average price at the pump more a dollar more per gallon on average than last year.

The increased fuel prices impact airline travel as well. In addition to price increases due to fueling costs, airlines have offered fewer flights and more cancellations following the COVID-19 pandemic, including the recent Southwest Airlines cancellations of nearly 2,000 flights last weekend.

Food prices have also escalated in 2021. The holiday meal shopping budget will need to be higher to adjust, unless you plan to make smaller portion sizes like some companies have done in what has been labeled shrinkflation.

The Blame Game

The Biden administration has continued to blame both COVID-19 and the Trump administration for problems with the economy. As Biden nears a full year in office and COVID numbers drop, the blame game has become less effective.

Gas prices and some other expenses were actually lower during the pandemic than they are now under Biden as COVID-19 restrictions begin to subside.

The blame on COVID-19 also no longer works as much of the economic toll was also related to people being forced to work from home and school from home, both of which are far less common now that a year ago.

The economy was strong and Wall Street broken numerous records during the first three years of Trump’s term. Under Biden, many have called his leadership Obama 3.0 or Carter 2.0, recognizing his leadership as expanding big government while bringing down the economy and American buying power.

The toll won’t be fun for the holidays for many, but at least Biden has ports open 24 hours a day, right? It’s something, but it will likely not be enough to make for the cozy Christmas feelings of the past.

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