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Deadline: White House

"Feeling increasingly pinched this Thanksgiving"

Deadline: White House

Nicolle Wallace, MS NOW

Msnbc, News, Ms Now, Versant, Politics, Government, The White House, Nicolle Wallace, Daily News, Washington Dc

4.66K Ratings

🗓️ 26 November 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

Nicolle Wallace on families, from coast-to-coast, are feeling increasingly pinched this Thanksgiving despite claims by Donald Trump that "our country is doing really well economically, like we've never done before."

Transcript

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0:00.0

I think generally everything has gone up.

0:05.0

I don't know that I've noticed anything, like any one item that's gone up.

0:10.0

Milk really seems to fluctuate a lot, organic milk especially, which is what we get for her and for our older daughter.

0:16.0

But other than that, it's just a general rise.

0:20.0

Shopping's great, shopping's awesome a general rise. Shopping's great. Shopping's awesome.

0:21.6

Just trying to stay up from inflation, working hard, and making sure that the family has a good time.

0:29.6

In a monthly basis, it's gotten to $1,000 a month for food and trying to recover from everything that goes on.

0:38.3

But if we try to, you work your hard, you work your best,

0:41.3

and try to support the family and make sure that the little one has a good time.

0:48.3

It's universal.

0:49.3

Hi again, everybody. It's five o'clock now in New York.

0:51.3

We're car, do your best and try to make sure the little ones have a good time. What more does anyone want? What more do we try to do? What is more

0:59.8

possibly quintessentially American than that at the holiday season, especially? Even if families

1:05.4

from coast to coast are feeling increasingly pinch this Thanksgiving. New York Times

1:10.1

reports this, that, quote,

1:12.1

the index of consumer sentiment,

1:13.9

a continuing survey that has been maintained

1:15.8

by the University of Michigan since 1958,

1:19.4

is the lowest it's been in 40 years.

1:22.1

Lower than in the dark early days of COVID,

1:24.7

lower than during the financial crisis of 2008, and lower than in the wake of the 1987 stock market crash.

1:33.0

Now, that is a fact.

...

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