December 19, 2023 | Press Release
Economy

RNC Releases Video Slamming Christmas Bidenflation

Press Release

WASHINGTON – Today, as Fox News first reported, the Republican National Committee (RNC) released a new video ad slamming Joe Biden for historic inflation that is crushing families’ wallets this holiday season. 

 

 

WATCH HERE 

 

“This holiday season, Bidenomics has made everything from Christmas trees to gifts unaffordable for middle-class families,” said RNC Chairwoman Ronna McDaniel. “While Americans struggle to stay afloat, we’re reminding them who the real Grinch is this Christmas: Joe Biden.” 

 

Biden is the real Grinch this Christmas:  

  • PNC Bank’s annual Christmas Price Index, which measures the cost of the dozen gifts outlined in the “Twelve Days of Christmas,” just hit an all-time high – jumping another 2.7 percent after a 10.5 percent hike last year.  
  • The cost of a Christmas tree is 10 percent higher than a year ago.
  • 60 percent of Americans report living paycheck-to-paycheck heading into the holidays.
  • More than 1 in 3 Americans will forego giving gifts this year due to Bidenflation.  
  • 42 percent of small business owners can’t afford to issue their usual Christmas bonuses this year.  

Video Transcript:  

Newscasters: “Well, it turns out even the partridge in a pear tree has been impacted by inflation.”   

“It's a $46,000 total. If you go back to 2020, $16 grand. $30,000 more to deliver the 12 Days of Christmas.”  

“Finding that perfect tree may be a little harder this year.”  

  

“The cost of labor, fertilizer, and fuel went up this year, driving the price of an average tree to 90 bucks.”  

“That's a 10% increase from 2022.”    

“A holiday dinner could cost you more as well.”    

  

“Food costs are up 20% on a 2-year basis.”   

“42% expect to pay more for holiday gifts due to inflation.”  

“You're buying less apparel, less items for your home, fewer toys.”   

“More than one in three Americans are talking about foregoing gifts altogether because of inflation.”  

  

“We've all seen that, we've all felt it. My own family's felt it at the grocery store just like everybody else.”  

“One in four Americans still have debt from last Christmas.”  

“Now we're here stuck with a hard decision of do we have a Christmas, or do we buy the necessities for our business?"

 

Read more here from Fox News.