Staff Reports
On Thursday, Monmouth University released a poll about the Christmas season, and let’s just say, it’s not exactly filled with holiday cheer. The poll shows that an increasing number of Americans are cutting back on their holiday spending this year due to high prices. And guess what? It’s all because of inflation.
According to the poll, a whopping 55 percent of Americans say they have cut back on their shopping list this year because of the sky-high prices. And 36 percent of them have cut back “a lot.” Ouch, that’s gotta hurt for all the folks hoping for a Christmas filled with gifts and goodies.
Thanks, Bidenomics! Poll Reveals Bad News About Holiday Shoppers https://t.co/ONezkeVW3T
— Fearless45 (@Fearless45Trump) December 8, 2023
But the real kicker is that the number of people cutting back on their spending is highest among those making less than $50,000 a year. A staggering 67 percent of them are cutting back this year, with 54 percent saying they’ve cut back “a lot.” It’s sad to see that those who can least afford it are the ones feeling the pinch the most.
Now, let’s talk about Bidenomics, shall we? The president and his administration have been touting their economic policies like they’re the greatest thing since sliced bread. But this poll clearly shows that shoppers are actually cutting back more this year compared to last year. So much for Biden’s economic prowess.
And let’s not forget about inflation. Despite what the Democrats would like you to believe, it’s still higher now than when former President Donald Trump was in office. In fact, Biden has the third-highest inflation rate among the last 11 presidents, at a whopping 5 percent. Trump, on the other hand, had one of the lowest, at just 1.4 percent. Looks like Trump knew a thing or two about keeping prices under control.
But this poll is just the tip of the iceberg. Headlines have been expressing concerns about the holiday season for weeks now. Retailers are bracing for a tough one, consumers are growing cautious about their spending, and even The New York Times is warning about shoppers’ mood this holiday season. It’s not looking good, folks.
And of course, we can’t forget about the Biden administration’s spin on all of this. White House Press Secretary Karine Jean-Pierre claims that costs are actually going down and people are ready to do some holiday shopping. Really, Karine? Tell that to the majority of Americans who are cutting back on their spending. It’s just more gaslighting from the Biden administration.
As Americans continue to feel the squeeze of high prices and inflation, it’s no wonder that Biden’s approval ratings on the economy and inflation are in the tank. According to RealClearPolitics, only 34.3 percent of Americans approve of Biden’s handling of inflation, while a whopping 62.8 percent disapprove. And when it comes to the economy, his approval rating is just 37.3 percent, with 60.5 percent disapproving. Talk about a rough time for Biden.
It’s going to be really interesting to see how Americans feel about shopping for next year’s holiday season. By then, the 2024 presidential election will have just taken place, and who knows, maybe someone other than Biden will be in the White House. One can only hope for better economic policies and lower prices. But until then, it looks like we’re stuck with Bidenomics and the not-so-jolly Christmas season it brings.
