Walmart says Thanksgiving dinner is 25% cheaper this year. Sounds like great news, right? But there’s a catch. They quietly changed what’s in the meal.
> If you catch any friends or family posting about Walmart’s “cheaper” Thanksgiving dinner, help them think like economists. Drop this article in the comments, or share the link as a friendly reply the next time someone celebrates prices “finally coming down.”
Ah, yes, the time-honored holiday tradition of arguing with relatives about politics and economics. Sure to spread goodwill, especially if you start out by telling them they're wrong. Works every time!
Perhaps crowd-sourcing this kind of data would be a useful alternative as government data becomes more scarce.
I have always like the American Farm Bureau's report, but they don't release it until the week before Thanksgiving.
The 2024 meal was cheaper than 2023: https://www.fb.org/news-release/cost-of-thanksgiving-dinner-declines-remains-higher-than-pre-pandemic-levels
> If you catch any friends or family posting about Walmart’s “cheaper” Thanksgiving dinner, help them think like economists. Drop this article in the comments, or share the link as a friendly reply the next time someone celebrates prices “finally coming down.”
Ah, yes, the time-honored holiday tradition of arguing with relatives about politics and economics. Sure to spread goodwill, especially if you start out by telling them they're wrong. Works every time!
Maybe I should frame it as "if you're going to argue about economics over the dinner table, at least bring some facts with you as your side"
We all know people are resistant to facts when they undermine their position. It's really a no-win situation.
Perhaps one more pie and some sweet potato casserole would have swayed them?
I always like the annual economics of Thanksgiving posts.
I have another topic planned for the week of Thanksgiving, but this one was too good to hold off.
Plus, I figured Abdullah would scoop this one if I didn't!