Holiday Spending to Break $1 Trillion as Democrats Push Economic Narrative

The Ben Ferguson Podcast

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Politics, News, News Commentary

4.9 • 4.7K Ratings

🗓️ 28 November 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Affordability Narrative
- Democrats were previously dismissing inflation and now emphasizing affordability.
- Democrats are trying to portray the economy as a disaster and blame Trump.
Gas Prices & Energy
- Positive news: Thanksgiving gas prices at their lowest since the pandemic.
- National average forecast: $3.02 per gallon.
- Nearly 30 states have prices under $3; Oklahoma leads at $2.50.
- Liberal states like California have much higher prices ($4.63), attributed to regulation and taxation.
- Trend framed as a result of Trump’s energy policies.
Holiday Spending
- U.S. holiday spending expected to top $1 trillion for the first time.
- Mixed consumer sentiment:
  - Surveys show some tightening (Gen Z plans to spend 23% less).
  - National Retail Federation predicts sales growth of 2.9–3.4%.
- Concerns about tariffs and shipping delays; advice to shop early.
Thanksgiving Meal Costs
- Down 5% from last year, lowest in four years.
- Average cost for 10 people: $55.18.
- Sharp decline in turkey prices (down 16%).
- Contrast with Biden-era inflation:
  - Prices surged 14% in 2021 and 20% in 2022.
  - Overall increase of ~24% during Biden’s term.

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Transcript

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0:00.0	This is an I-Heart podcast.
0:02.6	Guaranteed Human.
0:05.7	We must now re-examine every single alien who has entered our country from Afghanistan under Biden,
0:12.2	and we must take all necessary measures to ensure the removal of any alien from any country
0:17.9	who does not belong here or add benefit to our country.
0:21.7	If they can't love our country, we don't want them.
0:24.2	America will never bend and never yield in the face of terror.
0:27.4	And at the same time, we will not be deterred from the mission.
0:31.0	The service members were so nobly fulfilling.
0:34.5	You're listening to the 47 morning update with Ben Ferguson.
0:38.3	Good Black Friday.
0:39.5	So nice to have you with us on the 47 morning update.
0:42.8	And we've got a big economic story for you.
0:45.3	And it deals with affordability and major changes that have come under the Trump administration
0:50.7	in less than a year being in office.
0:53.5	So why are the Democrats all about
0:55.5	doom and gloom? And what are the facts actually saying about prices? Especially as so many
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	...

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