"Ahead of the holiday season, costs are down for everything from airline tickets and car rentals to toys and TVs," the White House wrote Tuesday on X.
This year's Thanksgiving dinner "is the fourth-cheapest ever, as a percentage of average earnings" White House press secretary Karine Jean-Pierre said Monday.
Nonetheless, the White House is taking a victory lap for the lower year-over-year prices, eager to credit Biden's economic agenda, dubbed Bidenomics, for the good news as the president runs for reelection.
That's due in large part to a 5.6% year-over-year decrease in the average price of a frozen whole 16-pound turkey.
This could be the lowest price for a Thanksgiving week since 2020, when the Covid pandemic cut demand for travel.
Persons:
Joe Biden, Biden, Harris, Karine Jean, Pierre, Jean, —
Organizations:
Bell, White House, White, Biden, Harris Administration, The New York Times, American Farm Bureau Federation, Farm Bureau, AAA, Department, Labor's
Locations:
Washington ,, Ukraine, Airfares