BONUS POD: Holiday Spending to Break $1 Trillion as Democrats Push Economic Narrative

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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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