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With record high inflation, Americans are struggling to keep up given the higher costs of just about everything from gas to groceries. That means this year, Thanksgiving might be trimmed when comes to the usual big family meal and celebration.
According to a study by Personal Capital, an online wealth management company,
one in four Americans say they’re skipping Thanksgiving because they can’t afford the holiday meal this year.
One in three say they’re a hosting a smaller dinner due to higher food prices.
And a whopping 88 percent are cutting at least one dish from their table to make ends meet.
“Definitely have to have the green bean casserole and Brussels sprouts, and probably three or four desserts, but I’m not buying them I’m going to make them from scratch because I think I can do it cheaper,” Laura Douglas of Chesapeake, VA told CBN News.
This year, turkey costs 20 percent more than it did in 2021.
Experts say the biggest factor driving up those prices – a wave bird flu that hit in the spring.
“About five percent of total national production has been taken offline because of Avian influenza,” said Jayson Lusk of Purdue University. “So, you remove birds from the market, that’s less available for you and I, food consumers. So, you and I end up bargaining against each other for the smaller quantity of supplies and that pulls up prices.”
“We might not just buy one, might just do like a ham or some fish, something local, pasta,” said one consumer.
The Department of Agriculture reports that food prices have jumped 13 percent between September 2021 and 2022.
It is an issue affecting not just families but local foodbanks as well.
“Food costs have gone up dramatically for foodbanks,” Christopher Tan of the Foodbank of Southeastern Virginia and The Eastern Shore said in an interview with CBN News. “The cost of shipping and of products have gone up significantly, almost to the point of we’ll pay for more shipping than the actual product.”
Tan said his organization began ordering turkeys back in June.
“We knew that the supply chain issue would be a potential problem. And we’re still not getting the amount that we would have probably liked. There isn’t enough out there,” he explained.
Tan also says that as grocery costs have increased so has the number of families seeking help.
“Inflation has caused many people to come to our lines for the first time,” Tan commented. “We see a lot more working families who are working and employed but their food budgets have drastically increased and so they’re using the foodbank as a way to supplement that budget.”
To help struggling families, the supermarket chain Aldi is rolling its Thanksgiving prices back to 2019 costs.
“We expect to welcome tens of millions of customers in our stores this Thanksgiving season, and we want them to know they can count on us,” Dave Rinaldo, President of Aldi said in a statement. “So why not attempt that additional side dish this year or invite over a few more friends or family members.”
Despite the tight economic times, some are choosing to be thankful no matter the costs.
“We know that the economy is high, but we’ve got to be thankful, said Carlton Griffin of Norfolk, VA. “Thankful for health and strength and having a job, having a family, just to be alive.”
This article first appeared on CBN News.
11/19/22 Saturday’s Scripture: 2 Timothy 1:6,7 “I remind you to fan into flame the gift of God, which is in you through the laying on of my hands. For God did not give us a spirit of timidity, but a spirit of power, love and self-discipline.”
(What do we do when we know we are about to face a problem over which we have no control? First, we must remember: “The Lord is near to all who call on him, to all who call on him in truth.” (Psalm 145:18). Then we must know that we, like the wise man have built our house on the solid rock, so that when the storms of life come, our house will not fall because that rock is Jesus Christ our Lord, and our faith in him will not allow our house to fall with a great crash! (Matt. 7:24-27). But what do we do when we see that storm coming, knowing that we cannot stop it’s progress, that depending on our own power is useless? If we are listening with our spiritual ears we will not panic, but will hear the Holy Spirit strengthening our own spirit with God’s word: “I did not give you a spirit of timidity, but a spirit of power, love and self-discipline.” But how do I apply that wonderful promise to my own life when I am downing in the world’s broken promises because my own strength and trust in myself cannot save me? We have an intimidating enemy who will use fear to try to destroy our faith and trust in the God who has saved us, but he will not succeed because “God’s love never fails, positive words about our God’s love found in (1 Corinthians chapter 13). With our new birth into God’s Kingdom, even though we may have to experience some hardship, we know that we have left behind shame and the decline of self-assurance – tools the devil will try to use as he “prowls around like a roaring lion, looking for someone to devour” (1 Pet. 5:8). But trust in God’s word will carry us through any wave of fear: as “The God of all grace, who called you to eternal glory in Christ, and you have suffered a little while, will himself restore you and make you strong, firm and steadfast. To him be the power for ever and ever. Amen” (1 Pet. 5:10,11). “Forgive us Father, when even after we have known your awesome hand at work in our lives, we slide back into unholy, irrational fear as the devil tries to threaten our security.” But then we remember, we are in a spiritual battle against “the powers of this dark world and against the spiritual forces of evil in heavenly realms” (Eph.6:6-12), and trying to defeat them through flesh and blood will always fail. We must “Be strong in the Lord and in HIS mighty power. Put on the full armor of God so that we can take our stand against the devil’s schemes.” Knowing that Satan will use every lie in his bag of tricks to defeat our dreams we must recognize how he will use pride, the suggestion of afflictions and fear of loss to gain control of our trust in our Lord. That spiritual armor must cover every part of our spiritual bodies (Eph. 6:10-19) so that we can stand strong, firm and steadfast, knowing we will not fail to win the battle. Never forget, we have been given a spirit of power, love, and self-discipline. There will always be a battle between good and evil and we have become part of an army armed with power to defeat the prince of this world in his effort for eternal control. But we won the battle when we accepted Jesus Christ as our Savior. Now HE is the one who has decided our future with the promise of eternal life in those heavenly realms forever defeated by HIS victory over Satan with his words: “Away from me Satan!” (Matt. 4:10). It is time to remember that the Spirit himself testifies with our own spirit that we are heirs of God and co-heirs with Christ. If indeed we share in his sufferings in order that we may also share in his glory.” (Rom. 8:16,17). Let us live celebrating the victory we have won through faith and trust in what our Lord Jesus Christ has done for us as we live in the spirit of power, love and self-discipline!”)