Thanksgiving dinner will cost less than it did last year, but it will still be harder on your wallet than before President Joe Biden took office.
Per the Farm Bureau’s annual analysis of Thanksgiving dinner staple costs, the price reduction of nearly five percent from last year is “moderate” and not near enough to undo the “dramatic increase” that occurred two years ago.
A Thanksgiving meal still costs 20 percent more than it did in 2019: about $58 for a feast for 10 this year. Last year, the same meal size cost about $61, and in 2022, it cost about $64.
This annual Thanksgiving dinner survey relies on shoppers across 50 states and Puerto Rico to survey their local grocery store’s prices for classic feast items: turkey, stuffing, sweet potatoes, dinner rolls, peas, cranberries, celery, carrots, pumpkin pie ingredients, whipping cream, and milk.
The “moderate” price reduction only occurred with some of these classic holiday foods — others rose in price. Costs were lower for turkey, sweet potatoes, peas, carrots and celery, pumpkin pie mix, pie crusts, and milk, but costs were higher for dinner rolls, cranberries, whipping cream, and stuffing.
The reason for prices of certain items going up while others have gone down has to do with the type of item. Increases occurred mainly in processed products due to nonfood inflation and labor shortages driving up costs for partners across the food supply chain. An exception occurred for fresh cranberries, but the 12 percent price increase is considered a stabilization of pricing after an 18 percent decline from 2022 to 2023. The Farm Bureau noted that, even with the price increase and adjusting for inflation, fresh cranberries have their lowest cost since 1987.
The average costs are as follows: $25.67 for a 16-pound turkey, $2.35 for 12 ounces of fresh cranberries, $2.93 for three pounds of sweet potatoes, 84 cents for half-pound of carrots and celery, $1.73 for 16 ounces of green peas, $3.40 for two nine-inch pie shells, $4.08 for 14 ounces of cube stuffing, $4.16 for one pack of dinner rolls, $4.15 for 30 ounces of pumpkin pie mix, $3.21 for one gallon of whole milk, and $1.81 for one-half pint of whipping cream.
The Farm Bureau also reported significant cost disparities based on region. Those in the Western states face at least 14 percent higher costs for a Thanksgiving dinner for 10, or $67. Comparatively, those in the Southern states have the lowest cost: $56 for a party of 10. The Northeastern states will have an average cost of $57, and the Midwestern states will have an average cost of nearly $59.
Those price disparities grow much more when adding less-traditional Thanksgiving favorites: ham, Russet potatoes, and green beans. Southerners, Northeasterners, and Midwesterners would only pay anywhere from $81 to $83 to add those favorites to their dinners. However, Westerners would have to pay over $93 for the same spread.
Farmers take the biggest brunt of inflation, experiencing lower and more volatile prices. The USDA projects that national net farm income will fall by $6.5 billion this year.
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Though most attention was directed at the top of the ticket in the 2024 election, many groups on the Left waged high stakes on flipping Arizona’s barely Republican-controlled legislature.
In the two years since the 2022 election, when Republicans dwindled to 31 members of the 60-member House and 16 members in the 30-member Senate, Democrats have been busily planning and building their election takeover. After sweeping the top 3 statewide offices, including the Governorship, 2024 was the inflection point in the story of how Arizona went from red – to purple – to blue.
But that didn’t happen.
Under the leadership of Governor Hobbs and an orbit of well-funded organizations that raised upwards of $10 million to target key swing districts in Arizona, the Left failed to secure their legislative victories. Instead, the Republican-controlled Arizona House and Senate, in fact, expanded their majorities. Despite being outspent in every single race, Republicans now hold 33 members in the House and 17 members in the Senate, a small but meaningful gain. It’s a disaster for Katie Hobbs, who is already fighting low favorability and criticism by her own party for her inability to best Republican legislative leadership and rack up any wins for the Left’s agenda…
A longtime Arizona state legislator is highlighting the financial distress of many of his constituents.
Last week, State Senator J.D. Mesnard commented on the misery inflicted on Arizonans by inflation over the past four years of the Biden-Harris Administration. In the Senate Republicans’ weekly newsletter, Mesnard said, “I’ve heard from citizens across Arizona just how difficult it’s become to make ends meet over the past four years, and a new report reveals the financial pain families are enduring under the Harris-Biden Administration. According to the Common Sense Institute’s Arizona Inflation Misery Index, the average Arizonan must spend $9,996 more per year, while the average household must spend $24,972 more per year just to maintain the same quality of life enjoyed in 2019.”
Mesnard added, “I, along with my Republican colleagues at the Legislature, fundamentally believe government should not tax our citizens more than necessary to support core services. This notion is even more important during massive inflation, which is why I’m pleased Arizona Republicans banded together to implement the largest tax cut in state history for our citizens. Every income taxpayer is currently benefiting from a 2.5% flat tax, and I’m looking forward to doing more for our taxpayers next session.”
The Republican lawmaker is running for re-election to Arizona Legislative District 13, which covers Chandler, Gilbert, and Sun Lakes in the East Valley of the Phoenix-metro area. Mesnard first entered the state legislature in January 2011 in the Arizona House of Representatives, and he served eight years in that chamber, including two years as the Speaker of the House. In November 2018, after being termed out of the House, Mesnard won his election to the state Senate.
According to the Arizona Independent Redistricting Commission, Legislative District 13 is one of the most competitive in the state, with a 1.6% vote spread between Republicans and Democrats in the past nine statewide elections. In those contests, Republicans have won five times, compared to four for Democrats.
Mesnard is facing a tough challenge from Democrat nominee, Sharon Winters, in the upcoming election. On his website, Mesnard asks voters to give him another term in the state senate, writing, “Now we face historic economic challenges that require someone with the right experience and a track record of success to navigate. That’s why I need your vote. Let me continue using my diverse background, which includes husband (to a registered nurse), father, professor and small business owner, with master’s degrees in business and public administration, to keep delivering results for you.”
The winner of the state legislative contest could be vital to determining party control of the chamber in the next session. Arizona Republicans enjoy very narrow margins in both the state House and Senate.
Daniel Stefanski is a reporter for AZ Free News. You can send him news tips using this link.
The dead-end hyperinflationary policies of the Biden-Harris administration have put the American Dream out of reach for many young people. I have talked to my 21-year-old daughter about this so many times that it breaks my heart.
Ruby, like so many young Americans, is doing everything right. She works hard, she saves up, but that old-fashioned notion of the white-picket fence seems to be slipping away from her grasp. Part of the reason I am running for Senate is to make America affordable again. And I know that bringing down out-of-control housing prices is the key to restoring access to the American Dream for our young people.
Per Federal Reserve data, in 1984, the median U.S. household income was $22,400 and the median home price was $78,200, or about 3.5 times the median income. By 2022, median household income had risen to $74,580, but median home prices had risen to over $433,000 — or nearly six times median income.
Elected officials owe it to our constituents to take clear and decisive action to reduce housing costs.
There has been so much focus on the role of interest rates, but the answer to bringing them back down, while hard to achieve, is fairly straightforward: the federal government needs to stop printing money we don’t have so that it can pay bills that we can’t afford. Taming that imbalance won’t be quick or easy, and anyone who tells you otherwise is selling you a bill of goods.
But there is another key element of the housing crisis that we can address quickly and effectively: a lack of skilled tradespeople. According to an analysis by Associated Builders and Contractors, the United States is short over half a million skilled construction workers. The lack of skilled construction workers combined with rapidly increasing costs of materials is creating a roadblock to building the millions of additional housing units that are needed to relieve the cost bottleneck.
Bringing down the cost of materials largely hinges on three things: reducing the price of energy and fuel, eliminating excessive regulations created by the Biden-Harris administration, and increasing the number of skilled workers available to producers. Limitations on oil-and-gas production and refining are leading to rapidly increasing fuel and energy costs that have inflated the price of building materials by tens of thousands of dollars per home.
Likewise, excessive regulation and DEI mandates being forced on producers by the Biden-Harris administration are also increasing materials and labor costs, without appreciable benefit to society in terms of reduced inequality. Lastly, the rush to send every high school graduate to a four-year college, with massive government subsidies, is draining the workforce of skilled tradespeople which both increases the cost of construction and delays additional new home starts.
Solving the first two problems is very simple. Replace President Joe Biden and Vice President Kamala Harris with Donald Trump, overturn the current administration’s pointless and counterproductive executive mandates, and you are two thirds of the way there. The last step — increasing the number of skilled construction workers — is going to take more effort.
But with some simple changes in federal education funding and policy, we can turn that deficit around in a matter of just a few years by revising federal education funding and loans to stop discriminating against trade schools and technical education and support the development of a skilled workforce sufficient to meet the demands of our housing market.
First, we need to revise the guidelines for Pell grants to allow them to be issued and used for more students to attend trade and technical schools. Second, if the government is going to continue to back student loans, eligibility for those loans needs to be aggressively expanded to include more trade schools.
Currently, trade-school students can access government-backed student loans, but only if their trade school is federally accredited. Many are not. Getting the vast majority of trade schools nationwide accredited so their students have access to government-backed loans should be a major priority for the next administration and will be a priority of mine in the U.S. Senate.
Lastly, the government needs to aggressively partner with industry to expand trade school opportunities by making low-interest loans available to companies and unions to invest in new and expanded trade and technical-school facilities.
The cost to attend trade and technical schools is far less than the cost of a four-year degree, and the returns on that investment are astronomical. A few thousand dollars of up-front investment in these careers yields a lifetime of high earnings, and resultant increased tax revenues. As a result, investing in expanding our skilled workforce is responsible governance, and must be a priority going forward.
A new report from the Common Sense Institute Arizona (CSI) titled the “Inflation Misery Index” was released last week. The report illustrates how unsustainably expensive it has become to live and raise a family in Arizona due to ballooning inflation under the Biden-Harris Administration. The report also breaks down the cost of living increase that has battered Arizona families since 2019 and demonstrates irrefutably that the cost of maintaining the same standard of living has risen 24% since before COVID.
In a press release from CSI, Zachary Milne, Senior Economist and Research Analyst explained, “The prolonged period of high inflation has taken a serious toll on the financial stability of Arizona’s households. Our findings highlight not only the immediate increase in costs for essential goods and services but also the long-term decline in purchasing power. As inflation continues to outpace income growth, many Arizonans are facing tough financial choices to maintain their standard of living.”
Over the past 43 months, inflation in Arizona has caused the average household to lose 24% of their purchasing power. That’s nearly $25,000 in lost income!
— Common Sense Institute Arizona (@CSInstituteAZ) October 9, 2024
Sharing the report in a post to X, CSI wrote, “Over the past 43 months, inflation in Arizona has caused the average household to lose 24% of their purchasing power. That’s nearly $25,000 in lost income!”
According to the report’s key findings, the Inflation Misery Index “holds constant consumption preferences through time,” and mathematically accounts for “normal” levels of inflation and personal income growth. The index uses 2019 as a baseline “because it precedes both the recent inflationary surge and the stimulus income received from the government in response to the pandemic in 2020.”
With these parameters in mind, CSI reported that the average person living in Arizona is compelled to spend $9,996 more per year in order to purchase the same quantity of goods and services as they did in 2019.
The report also clearly defines the increase per household: “Excess inflation over the last 43 months means the average household in Arizona must spend $24,972 more per year to consume at 2019 levels. This means that the average household has effectively lost 24% of their income to inflation.”
Broken down categorically, the inflation has impacted Arizona families in the following amounts:
$6,900 increase for housing and utilities.
$4,371 increase in food expenses.
$1,189 increase in recreational spending.
$772 increase in fuel/gasoline.
The report concluded, “It will take a prolonged period of normal or below-average (sub 2%) inflation coupled with strong income growth to recover the purchasing power lost by the post-covid inflationary crisis.” In stark contrast to the White House narrative extolling alleged slowing of inflation, the CSI wrote, “The slowing rate of inflation alone is insufficient to undo the damage caused by the rapid rise in the price level.”
For Arizonans, the dollar doesn’t go as far as it used to.
In fact, Personal Consumption Expenditures per capita increased 7.2% ($27.1 billion) in 2023, spending – 12.1% more on rent, & – 9.5% more for health care.
Just one day prior, Congressman David Schweikert (R-AZ) posted the findings of the Congressional Joint Economic Committee Republicans noting, “For Arizonans, the dollar doesn’t go as far as it used to. In fact, Personal Consumption Expenditures per capita increased 7.2% ($27.1 billion) in 2023, spending 12.1% more on rent, & 9.5% more for health care.” Schweikert noted that Arizona had the fifth highest increase.
