Thank the Government for the High Price of Holiday Meals
As we head into the holidays, part of the season's cheer will be tarnished by the higher prices we'll all pay for holiday festivities. In fact, food, like many goods and services, is costing us more as the flood of dollars unleashed by the federal government diminishes their value, ensuring our money doesn't go as far as it once did. If you're looking for a relative bright spot, count yourself lucky as an American, because things could be worse: Around the world, people generally far less prosperous than those in our own country are paying almost one third more for their meals than they did a year ago. That's a lot more dough for a lot less bread.
With Thanksgiving looming, a relatively easy comparison is made in the price of a turkey dinner with all the trimmings compared to the same feast in 2020.
"Compared to 2020, a 16-pound turkey increased from about $19 to $25 this year," CBS Los Angeles reports. "A 30-ounce pumpkin pie mix is up from about $2 to at most $5.49. Milk increased this year to $3.39 compared to $3.08 in 2020. A box of cubed stuffing is almost a dollar more up from $2.81 to $3.79. The only observed decrease in price was for a bag of fresh cranberries, $2.49 instead of $2.69 last year."