The fact that celebrating the 4th of July will be more costly this year than before isn’t lost on many Americans. This stands as one central reason why polls show folks plan to spend less money to commemorate Independence Day in 2022.
Two out of three Americans recently confirmed their plans to spend less money this year than last year. Furthermore, 57% confirm their holiday hasn’t escaped the direct effects of inflation.
A spin from the Biden administration?
Amid widespread backlash over inflation, the Biden administration has repeatedly tried to dodge blame.
Right now, some of the latest talking points from the White House involve faulting Russia for US economic issues. Nevertheless, inflation, gas prices, and other crises in America’s economy began well ahead of Russia attacking Ukraine.
Thus far, the Biden administration’s coverage of Independence Day remains to be seen. Although, judging from this administration’s track record, Americans shouldn’t hold their breath waiting for an honest economic assessment.
