BONUS POD: Holiday Spending to Break $1 Trillion as Democrats Push Economic Narrative
Verdict with Ted Cruz28 Nov 2025

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

  • Affordability Narrative

    • Democrats were previously dismissing inflation and now emphasizing affordability.
    • Democrats are trying to portray the economy as a disaster and blame Trump.

  • 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.

  • 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.

  • 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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