Thanksgiving Dinner, Travel, Black Friday Shopping More Expensive as Inflation Continues to Rise

People on an escalator in an indoor shopping mall

As Americans prepare for Thanksgiving this year, traveling and cooking a family dinner will be significantly more expensive.

Inflation has increased by more than 6.2% this year, according to the consumer price index (CPI), representing the highest rate of price hikes in nearly 31 years.

In January 2021, before Biden “took over the presidency, annual inflation was at a stable 1.4 percent,” Americans for Tax Reform notes. “While inflation has already hit American families hard, President [Joe] Biden is pushing policies which would make this problem even worse.”

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Black Friday, Small Business Saturday, and Cyber Monday in 2020

Retailers like Target and Walmart stretched out their traditional Black Friday sales throughout the whole month, but post-Thanksgiving shopping sprees will still be available, according to press releases from the companies. Cyber Monday will feature big deals online as usual, but don’t forget Giving Tuesday and Small Business Saturday.

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Commentary: Black Friday Is Capitalism at Its Most Beautiful

I went to a Daily Mass on Black Friday last year. The priest didn’t waste too much time with the homily, but he made a few comments about Thanksgiving and a statement about Black Friday which I found hopefully refreshing. He said, “This is a day for the poor.” Of course, he’s right, but how often do we think of Black Friday in those terms? As Thanksgiving and Black Friday approach once again, let us reflect on this concise but incredibly profound statement.

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