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Press briefing white house today2/4/2024 ![]() Lowering costs for Americans continues to be the President’s top economic priority. I know “whipped cream” but not “whipping cream.” Anyway.īecause wages are rising, this Thanksgiving dinner is the fourth-cheapest ever as a percentage of average earnings.įinally, as we look ahead to holi- to holiday shopping, since last year, prices for toys are down about 4 percent, used cars and trucks are down 7 percent, and TVs are down 9 percent. (Laughter.) It was like - I don’t know what “whipping cream” is. We had a big discussion about whipping cream in the back. Prices are down for turkey, stuffing, peas, cranberries, pie crust, and whipping cream. In fact, according to the American Farm Bureau, the cost of a Thanksgiving dinner fell this year. Just in a time - just in time for holiday travel, gas prices are down $1.70 from their peak, airline tickets are down 13 percent over the last year, and car rentals are down about 10 percent.Īnd as we start preparing our Thanksgiving meals, grocery inflation is at its lowest level in over two years, with prices for eggs, milk, bacon, and fresh veggies lower than last year. While inflation caused by the pandemic and Russia’s war continues to be a challenge, we have seen important progress. This Thanksgiving, we have a lot to be thankful for. JEAN-PIERRE: Oh, where is everybody? Oh, it’s holidays. Get Involved Show submenu for “Get Involved””.The White House Show submenu for “The White House””.Office of the United States Trade Representative.Office of Science and Technology Policy.Executive Offices Show submenu for “Executive Offices””.Administration Show submenu for “Administration””.
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