President Joe Biden was back at the White House after the Thanksgiving holiday on Monday, and he was back to talking about supply chains and inflation.
“As a share of earnings, this Thanksgiving dinner was the fourth cheapest ever on record,” Biden said, trying to link the cost of turkey, stuffing and side dishes to his administration’s efforts to ease price spikes caused by supply chain disruptions of recent years. He said that on Thanksgiving two years ago, there were 100 container ships backed up waiting to enter U.S. ports, compared with only 10 this year.
“Today, as folks start their holiday shopping, shelves are stocked,” the president said. “Meaning that if major appliances like a stove or a fridge broke down over Thanksgiving, you can replace it faster, and 9 percent cheaper than you did two years ago. These savings matter to so many families, especially at this time of the year.”
