Economics

Republicans Blast Food Inflation, Blame Biden #ThanksgivingTax

  • Food prices up in October most since January 2009, CPI shows
  • Supply-chain disruptions, labor shortages driving up prices
Inflation is the Talk of the Town: UBS's Mwanza
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Republicans are accusing President Joe Biden of compromising the most American of holidays, Thanksgiving.

It’s not quite the war on Christmas, but several Republicans in the U.S. House of Representatives have complained about rising food prices using the hashtag #ThanksgivingTax on Twitter and Facebook, tying Biden to the latest economic data. It’s not clear who coined the phrase, but it’s been used by Representatives Elise Stefanik from New York and Lisa McClain from Michigan and even the official House Republicans’ account, which has more than a million followers.