1 00:00:00,080 --> 00:00:02,520 Speaker 1: First, we got to talk about the cost of Thanksgiving dinner. 2 00:00:02,640 --> 00:00:05,760 Speaker 2: Yeah, so later this month, obviously, Thanksgiving is coming, and 3 00:00:05,920 --> 00:00:08,959 Speaker 2: food at home prices rose two point seven percent year 4 00:00:09,080 --> 00:00:12,840 Speaker 2: over year. That's according to the Consumer Price Index. Potatoes 5 00:00:12,880 --> 00:00:15,880 Speaker 2: saw the biggest increase at three point seven percent, followed 6 00:00:15,880 --> 00:00:17,880 Speaker 2: by turkey and then chicken. 7 00:00:18,360 --> 00:00:20,840 Speaker 1: There were some price drops. Wait wait, wait, tip it 8 00:00:20,840 --> 00:00:23,280 Speaker 1: to it. Yeah, who's even chicken for Thanksgiving? 9 00:00:23,400 --> 00:00:26,160 Speaker 2: Well, we'll get to that. Thirty eight percent of people 10 00:00:26,160 --> 00:00:30,640 Speaker 2: are choosing chicken over turkey this Thanksgiving because the price 11 00:00:30,680 --> 00:00:34,120 Speaker 2: of chicken increased less than the price of turkey. 12 00:00:34,240 --> 00:00:36,519 Speaker 1: Ohs, it's an economics thing, correct, It's not like we 13 00:00:36,880 --> 00:00:41,120 Speaker 1: value having chicken for Thanksgiving. They're just simply saying, hey, 14 00:00:41,360 --> 00:00:44,520 Speaker 1: it's cheaper. Thanks to Trump and the Republicans doing nothing 15 00:00:44,520 --> 00:00:46,720 Speaker 1: to get the cost of food down, we can only 16 00:00:46,720 --> 00:00:47,879 Speaker 1: afford the chicken, right, Ok. 17 00:00:48,360 --> 00:00:51,199 Speaker 2: Forty seven percent of people say they're swapping turkey for 18 00:00:51,320 --> 00:00:56,280 Speaker 2: cheaper alternatives, number one being chicken. People are also opting 19 00:00:56,320 --> 00:01:00,640 Speaker 2: for burgers, pizza, or fast food, and cheaper cuts of 20 00:01:00,760 --> 00:01:04,440 Speaker 2: meat non traditional proteins. Ten percent say they're going to 21 00:01:04,480 --> 00:01:06,160 Speaker 2: skip a main protein entirely. 22 00:01:06,319 --> 00:01:08,480 Speaker 1: What's the what's the overall cost increase? 23 00:01:08,560 --> 00:01:12,440 Speaker 2: Does it say three point seven percent year over year? Okay, actually, 24 00:01:12,480 --> 00:01:15,600 Speaker 2: I'm sorry, two point seven percent year over year. Potatoes 25 00:01:15,880 --> 00:01:17,000 Speaker 2: were three point seven. 26 00:01:17,120 --> 00:01:21,920 Speaker 1: Okay, very good. All right, so it's pretty rotten. We 27 00:01:22,000 --> 00:01:25,080 Speaker 1: have to have this conversation, right because it's a totally 28 00:01:25,080 --> 00:01:29,360 Speaker 1: first world problem, but we shouldn't have this problem in 29 00:01:29,400 --> 00:01:32,800 Speaker 1: this country, Like, we shouldn't have this deal about can 30 00:01:32,840 --> 00:01:38,160 Speaker 1: you afford Thanksgiving dinner? Like I'm sure during the depression 31 00:01:38,319 --> 00:01:42,080 Speaker 1: or whatever that that was obviously a front and center conversation. 32 00:01:42,480 --> 00:01:45,520 Speaker 1: But in your life time, have you remembered saying, well, 33 00:01:45,560 --> 00:01:48,000 Speaker 1: people be able to afford Thanksgiving dinner this year? 34 00:01:48,240 --> 00:01:51,520 Speaker 2: No, a full Thanksgiving meal for ten people. This is 35 00:01:51,560 --> 00:01:55,480 Speaker 2: according to empower analysis. They say it costs seventy three 36 00:01:55,560 --> 00:01:57,120 Speaker 2: dollars and nine cents. 37 00:01:57,240 --> 00:02:00,520 Speaker 1: However, for ten people, for ten people, so that's seven 38 00:02:00,800 --> 00:02:02,120 Speaker 1: dollars and what was. 39 00:02:02,080 --> 00:02:04,360 Speaker 2: The number, seventy three dollars and nine cents. 40 00:02:04,400 --> 00:02:06,520 Speaker 1: So it's seven dollars and thirty cents a person. 41 00:02:06,600 --> 00:02:09,600 Speaker 2: Yeah, okay, very I get yeah, but the average person 42 00:02:09,680 --> 00:02:12,959 Speaker 2: expects to spend more than that. They expect to spend 43 00:02:13,000 --> 00:02:16,120 Speaker 2: one hundred and thirty seven dollars how much one hundred 44 00:02:16,160 --> 00:02:19,800 Speaker 2: and thirty seven dollars for a meal for ten. Well, okay, 45 00:02:19,840 --> 00:02:22,240 Speaker 2: gen Z is going to spend the most, one hundred 46 00:02:22,240 --> 00:02:25,880 Speaker 2: and seventy six dollars, Millennials then coming in at one 47 00:02:25,960 --> 00:02:28,679 Speaker 2: hundred and sixty nine, gen X one hundred and thirty five, 48 00:02:28,720 --> 00:02:30,000 Speaker 2: and then boomers ninety dollars. 49 00:02:30,040 --> 00:02:31,960 Speaker 1: That's because the older the people get, the more they 50 00:02:32,000 --> 00:02:33,600 Speaker 1: know how to make things work. 51 00:02:33,760 --> 00:02:37,119 Speaker 2: So wholesale turkey prices are up forty percent from last year. 52 00:02:37,160 --> 00:02:40,040 Speaker 2: They want, Yeah, they average one hundred and thirty or 53 00:02:40,360 --> 00:02:42,960 Speaker 2: one dollar and thirty two cents a pound. There are 54 00:02:43,080 --> 00:02:47,040 Speaker 2: some things that have dropped in price. Those include spices, 55 00:02:47,200 --> 00:02:52,359 Speaker 2: ready made pies, rolls, and apples. They all dropped in price. However, 56 00:02:52,600 --> 00:02:58,280 Speaker 2: Walmart has announced a Thanksgiving basket for under forty dollars 57 00:02:58,320 --> 00:03:02,519 Speaker 2: and this includes a butterball turn plus twenty items. They say, 58 00:03:02,840 --> 00:03:06,359 Speaker 2: and even Donald Trump was excited about that announcement. 59 00:03:06,560 --> 00:03:10,440 Speaker 3: Walmart just announced that the cost of their standard Thanksgiving 60 00:03:10,480 --> 00:03:14,720 Speaker 3: meal this is the greatest, their greatest, They're wonderful. 61 00:03:15,000 --> 00:03:16,920 Speaker 1: They come out every year with how. 62 00:03:16,880 --> 00:03:20,359 Speaker 3: Much does the thanks Giving meal costs compared to last year? 63 00:03:20,440 --> 00:03:20,639 Speaker 1: Right? 64 00:03:20,880 --> 00:03:22,640 Speaker 4: And it always goes up up up. 65 00:03:22,720 --> 00:03:27,040 Speaker 3: It's forty percent, thirty percent more is twenty five percent 66 00:03:27,160 --> 00:03:29,320 Speaker 3: lower than one year ago. Isn't that great? 67 00:03:29,639 --> 00:03:32,120 Speaker 1: Well, well that's a big deal, Rema. Okay, you just 68 00:03:32,120 --> 00:03:33,239 Speaker 1: said it was more expensive. 69 00:03:33,240 --> 00:03:36,920 Speaker 2: Well, right, there's some context that's missing in this. It's 70 00:03:37,000 --> 00:03:40,920 Speaker 2: being said that the twenty twenty five Walmart Thanksgiving meal 71 00:03:40,960 --> 00:03:45,720 Speaker 2: will contain fifteen items while the twenty four meal, twenty 72 00:03:45,760 --> 00:03:50,080 Speaker 2: twenty four meal had twenty one items and shrinkflation, right, 73 00:03:50,320 --> 00:03:53,000 Speaker 2: and some of the brand names that were in the 74 00:03:53,080 --> 00:03:58,240 Speaker 2: twenty four meal are being replaced with the great value items. 75 00:03:58,600 --> 00:04:00,840 Speaker 1: Okay, so right, so he's long again. What is it 76 00:04:00,880 --> 00:04:04,000 Speaker 1: with these politicians? They just can't tell the truth. Why 77 00:04:04,000 --> 00:04:06,400 Speaker 1: can't he just come out and go, here's the reality 78 00:04:06,560 --> 00:04:08,400 Speaker 1: of what's going on the ground, the statistics you just 79 00:04:08,480 --> 00:04:11,160 Speaker 1: laid out, here's the reality with what's going on with Walmart. 80 00:04:11,200 --> 00:04:13,560 Speaker 1: This is unacceptable. We got to take the lead on this. 81 00:04:13,760 --> 00:04:15,840 Speaker 1: Here's the abs and see that we need to do 82 00:04:15,920 --> 00:04:18,359 Speaker 1: to get the cost of food under control in this country. 83 00:04:18,400 --> 00:04:21,360 Speaker 1: Here's what I'm proposing to do that. Let's pass it, boom, 84 00:04:21,440 --> 00:04:23,600 Speaker 1: let's go. Why can't he do that? Why does he 85 00:04:23,680 --> 00:04:26,000 Speaker 1: have to do this? Just bs about. 86 00:04:25,920 --> 00:04:29,120 Speaker 4: Ev It's ted If only Ted had had the Walmart 87 00:04:29,120 --> 00:04:31,640 Speaker 4: Thanksgiving dinner, Ted might still be alive. 88 00:04:31,880 --> 00:04:33,640 Speaker 2: Chad got a new bathroom, by the way, did you 89 00:04:33,680 --> 00:04:34,240 Speaker 2: see that? Yeah? 90 00:04:34,279 --> 00:04:36,359 Speaker 1: You notice the renovation. And when do you think the 91 00:04:36,440 --> 00:04:39,320 Speaker 1: last time Donald Trump ever ate a Walmart Thanksgiving There? 92 00:04:39,400 --> 00:04:42,599 Speaker 4: It's great, it's the best. Every year at mar Lago 93 00:04:42,680 --> 00:04:45,800 Speaker 4: we bring a Walmart truck in any Thanksgiving dinner. 94 00:04:45,960 --> 00:04:51,200 Speaker 2: So, besides replacing some items with chicken versus turkey, twenty 95 00:04:51,240 --> 00:04:54,480 Speaker 2: three percent of people plan to cook fewer desserts, twenty 96 00:04:54,480 --> 00:04:55,440 Speaker 2: two percent. 97 00:04:55,200 --> 00:04:57,760 Speaker 1: Are reducing one pie for you this year. 98 00:04:57,760 --> 00:05:02,160 Speaker 2: Yea, twenty two percent are reducing portion sizes, and sixteen 99 00:05:02,200 --> 00:05:05,839 Speaker 2: percent are switching to store brands versus the brand name item. 100 00:05:05,920 --> 00:05:09,120 Speaker 1: Now do you usually eat enough to pass out? Yeah? 101 00:05:09,160 --> 00:05:11,640 Speaker 2: We we We do a lot of We do a lot. 102 00:05:12,120 --> 00:05:14,840 Speaker 2: It's like there's three of us and you you'd think 103 00:05:14,880 --> 00:05:15,720 Speaker 2: that there were. 104 00:05:15,760 --> 00:05:17,159 Speaker 1: And your daughter is very thin. 105 00:05:17,400 --> 00:05:21,080 Speaker 2: Yeah, yeah, she's she's a petit petit thing. 106 00:05:21,160 --> 00:05:24,479 Speaker 1: Okay, now we all have our favorite. Now are you 107 00:05:24,520 --> 00:05:28,280 Speaker 1: gonna are you making her come back to you for Thanksgiving? No, 108 00:05:28,360 --> 00:05:30,960 Speaker 1: we're going to go there. Really, Yeah, you're letting your 109 00:05:31,000 --> 00:05:32,719 Speaker 1: twenty four year old daughter boss. 110 00:05:32,440 --> 00:05:36,080 Speaker 2: You around well, actually, if I just get on the road, 111 00:05:36,360 --> 00:05:39,120 Speaker 2: I'm making somebody else do the Thanksgiving. 112 00:05:39,360 --> 00:05:41,280 Speaker 1: Oh, they're gonna she's gonna cook. 113 00:05:41,880 --> 00:05:43,400 Speaker 2: No, I'm gonna go to my brother. 114 00:05:43,520 --> 00:05:46,200 Speaker 1: Oh and she'll it's there. Oh very good. Okay, No, no, no, 115 00:05:46,200 --> 00:05:47,120 Speaker 1: that's that's fine. 116 00:05:47,160 --> 00:05:49,920 Speaker 2: That's I think we're going go today. My brother doesn't 117 00:05:49,960 --> 00:05:52,640 Speaker 2: know this yet. It's something we hope to discuss. 118 00:05:52,839 --> 00:05:55,800 Speaker 1: Oh this week, well new swatch case you're about two weeks, 119 00:05:55,839 --> 00:05:58,039 Speaker 1: three weeks away, you might want have pulled the Yeah, 120 00:05:58,040 --> 00:06:01,640 Speaker 1: I know. They may have other plans completely. They may 121 00:06:01,680 --> 00:06:02,799 Speaker 1: not know they're having guests.