- Donald Trump highlighted a reported reduction in Thanksgiving meal prices at Walmart, linking it to efforts by his party to make essentials more affordable.
- Walmart announced a Thanksgiving meal for ten people priced under $40, featuring items like a Butterball Turkey at $0.97 per pound, its lowest price since 2019.
- The company did not directly compare current prices to previous years under the Biden administration.
- Trump’s comments followed significant Republican losses in recent regional elections, with Democratic candidates winning major state positions in New York, New Jersey, and Virginia.
- Recent inflation data showed U.S. consumer prices rose 3% in the year through September, slightly below economists’ expectations.
On Wednesday, former President Donald Trump credited a drop in Thanksgiving meal prices at Walmart to Republican initiatives focused on affordability. The remarks came soon after the Republican Party lost several major state positions to Democrats in recent elections.
According to Trump, “Walmart just announced that Prices for a Thanksgiving Dinner is now down 25% since under Sleepy/Crooked Joe Biden, in 2024,” referencing a claim from his Truth Social account. He added that affordability is central to the Republican platform and urged his party to emphasize this message.
Last month, Walmart unveiled a Thanksgiving meal deal, serving ten people for less than $40, or about $4 per person. The package contains a Butterball turkey at $0.97 per pound, a price described by the retailer as the lowest since 2019. However, the company did not publish a direct comparison to previous Thanksgiving meal prices during the Biden administration. A look at an October 2024 announcement showed last year’s meal cost less than $7 per person, with a different assortment and fewer servings.
The context for Trump’s statements is the Republican Party’s poor performance in recent state elections. Democrats secured victories in races for New York City mayor, New Jersey governor, and both governor and lieutenant governor in Virginia. Republican leader Vivek Ramaswamy responded by urging the party to focus on cost-of-living issues, including groceries, healthcare, and housing.
Inflation remains a central concern for voters. The latest government report showed U.S. inflation at 3% over the year ending September, coming in slightly below the 3.1% forecast by economists.
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