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Memorial Day BBQ Prices Setting Fire to Americans’ Budgets

At least 84 percent of Americans celebrating expect inflation to impact their holiday spending
May 27, 2022 — Bidenflation    — Blog    — Media Advisory    — Press Releases    — Select Revenue Measures    — Talking Points   

As the cost of food, including hot dogs, potato chips, and beer, continues to rise, American families will spend more for this year’s Memorial Day barbecue compared to last year, according to Yahoo Finance. Similarly, families will pay more for gas to travel to barbecues, with prices up 43.6 percent per gallon from last year.

Under the Biden Administration, the cost of food has risen 9.4 percent compared to the same month last year.

This analysis comes as sixty-five percent of working families’ paychecks simply can’t keep up with rising prices with 75 percent of Americans believing the country is headed down “the wrong track,” according to a recent poll by NBC News.

READ: POLL: 63 Percent of Americans Feel Uneasy As Bidenflation Soars 

KEY TAKEAWAYS:

  • Biden-Flation is Hammering Middle-Class Families: “The prices of bacon jumped 17.70 percent, the most year over year; followed by chicken legs (bone-in), up 16.40 percent; ground beef, up 16.40 percent; uncooked beef steaks, up 11.80 percent; and hot dogs (all meat or all beef), up 6.20 percent. Frankfurters experienced the largest change in price dollar-wise. In 2021, a pound of hot dogs in April cost $3.81; today it comes in at $5.22.”
  • As Democrats Attack American-Made Energy, Americans Suffer: The national average for a gallon of gas is up to $4.59, and the cost of gas is up 43.6 percent compared to last year.
  • American Optimism is Plummeting: Eighty-four percent are expecting inflation to impact their Memorial Day shopping.

RELATED:

READ: POLL: 65 Percent of Americans Can’t Keep Up with Bidenflation, As President’s Approval Rating Hits New Low

READ: Americans Brace for More Pain at the Pump

READ: Four in Five Americans Say U.S. is Headed Toward Recession