Thanksgiving Prices Down Slightly But Still Up Significantly Over Last Few Years Amid High Inflation
• Newsom claimed Thanksgiving prices are down, but prices are still up 14.7% from 2021 and 25% from 2019
• Inflation hit record highs last year and is only now starting to cool off somewhat
• While some food prices have dipped from last year's peaks, the average Thanksgiving meal is still $61.17 - higher than pre-pandemic
• Despite wage growth, high inflation over the past 3 years has reduced workers' purchasing power
• Polls show most Americans feel expenses have risen and view the economy as poor amid high prices