‘Tis the season for dangerous propaganda and even worse vacation punnery. CBS Information kicks off the vacation season with an outsized serving of pro-Biden stuffing, aiming to melt the affect of continued meals inflation upon hundreds of thousands of American households celebrating Thanksgiving.
Check out CBS Night Information anchor Norah O’Donnell’s body of a report on people who need to pay extra for vacation staples:
NORAH O’DONNELL: Nicely, Thanksgiving is simply over per week away, and there may be lots to be grateful for on the subject of your finances. In tonight’s “Cash watch”, CBS’s Jo Ling Kent explains that whereas general costs are decrease, many Turkey Day classics have gotten much more costly, and it begins on the farm.
Lower to senior enterprise and tech correspondent Jo Ling Kent, strolling alongside a turkey farmer:
JO LING KENT: Greg Gunthorp says inflation simply will not give up, hitting the farm’s backside line.
GREG GUNTHORP: Oh, inflation has drastically impacted, , our price of manufacturing. Small household farms are having a troublesome time determining the place we slot in sooner or later on this, with all of this in inflation.
However Norah O’Donnell stated there was a lot to be grateful for relating to the finances. Maybe she meant apart from turkey farmers.
What about customers hitting the shops for his or her beans, greens, potatoes, tomatoes, et.al?
KENT: And customers proceed to battle inflation, too. Whereas turkey costs sank 16% since final yr, many different Thanksgiving staples are costlier than ever. Canned cranberries will price 60% extra. Canned pumpkin costs have spiked 30%. And russet potatoes are up 14%.
SHOPPER 1: It’s tremendous costly and I’m sharing the price with a few of my siblings.
SHOPPER 2: Positively extra aware about what we buy…
Uh, oh.
Lower to the CEO of Aldi within the U.S. who vows, together with Walmart, to chop costs with the intention to mitigate the consequences of inflation. However how sustainable is that in a near-zero margin enterprise resembling retail grocery?
None of this actually solutions the lingering query: what, precisely, does Norah O’Donnell suppose is the explanation that customers “have lots to be grateful for on the subject of (their) finances”? Displaying none, plainly the preliminary body served no goal aside from to border the horrible information of ongoing meals inflation in a lightweight most favorable to the Biden Administration- even when the body made no sense in anyway.
Click on “develop” to view the complete transcript of the aforementioned report as aired on CBS Night Information on Wednesday, November fifteenth, 2023:
NORAH O’DONNELL: Nicely, Thanksgiving is simply over per week away, and there may be lots to be grateful for on the subject of your finances. In tonight’s “Cash watch”, CBS’s Jo Ling Kent explains that whereas general costs are decrease, many Turkey Day classics have gotten much more costly, and it begins on the farm.
JO LING KENT: It is all the way down to the wire at Gunthorp farms in Lagrange, Indiana. They’re packing up the turkeys they raised, and transport them out for Thanksgiving.
You might be in excessive season proper now
GREG GUNTHORP: Proper. Yeah.
KENT: Like, crunch time.
GUNTHORP: Yeah, it is crunch time.
KENT: Greg Gunthorp says inflation simply will not give up, hitting the farm’s backside line.
GUNTHORP: Oh, inflation has drastically impacted, , our price of manufacturing. Small household farms are having a troublesome time determining the place we slot in sooner or later on this, with all of this in inflation.
KENT: And customers proceed to battle inflation, too. Whereas turkey costs sank 16% since final yr, many different Thanksgiving staples are costlier than ever. Canned cranberries will price 60% extra. Canned pumpkin costs have spiked 30%. And russet potatoes are up 14%.
SHOPPER 1: It’s tremendous costly and I’m sharing the price with a few of my siblings.
SHOPPER 2: Positively extra aware about what we buy…
KENT: Walmart is now promising to take away inflation by chopping costs on vacation favorites. Aldi slashed costs on greater than 70 of the most well-liked Turkey Day objects by as much as 50%.
Would you say that is probably the most aggressive you’ve lower costs for Thanksgiving ever?
JASON HART: That is — indubitably.
KENT: Aldi’s U.S. CEO Jason Hart.
HART: Shoppers are below strain so we’ll preserve these costs at the very least by the tip of the yr.
KENT: Are you principally taking a success on costs since you suppose you’re going to win over clients in the long term right here?
HART: That’s completely the case. That’s what we’re all about. And all alongside the way in which, , driving prices out of the enterprise, driving prices out of the product, and passing that financial savings on to the shopper.
KENT: Financial savings that clients say they want this vacation season.
Do you suppose you’ll be capable of keep on finances this yr?
CUSTOMER 1: I feel so. I feel so. I do not know if I am the appropriate particular person to be accountable for this, however I am doing my finest.
KENT: Jo Ling Kent, CBS Information, Orland Park, Illinois.
