Bidenflation: All Trick, No Treat

This Halloween, Americans Are Facing Rising Prices For Candy, Decorations, And Costumes

Research Team | Republican National Committee

HALLOWEEN WILL COST MORE FOR HARDWORKING FAMILIES

  • This Halloween season, Americans can thank Biden and Democrats for higher prices for candycostumes, and decorations.
  • The cost of candy is up more than 13 percent since last year, marking the largest annual increase ever and forcing customers to choose between overspending or missing out on Halloween fun.
    • Prices on treats like Skittles and Starbursts have seen even higher price increases, jumping more than 42 percent and 35 percent, respectively.
    • The price for a pumpkin has increased by nearly 8 percent since last Halloween season.
    • Many experts are also warning of “shrinkflation” – “where consumer items shrink in size while prices remain the same or even increase,” meaning candy bags this year may have less in them.
  • According to the National Retail Federation, the typical household will spend more than $100 on candy, decorations, and costumes – just shy of last year’s record high.
    • Michele Joseph of Paducah, Kentucky: “I can definitely see why a lot of people don’t hand out candy because it is very expensive.”
    • New Yorker Ashley Conley: “I’ve decided to work with what I have in my closet this year, as shelling out money on an outfit that I would wear for a night is not worth it for me knowing rent is due next week.”
    • Claudia, a mother of five from San Diego: “I remember it was like $40 for a costume before, now they’re like $60.”
  • As Americans struggle amid 40-year high inflation, Jim Clyburn (D-SC) admitted last week he and other Democrats “knew” their $1.9 trillion “stimulus” would fuel inflation.
    • Despite this, nearly every single House and Senate Democrat – including Mark Kelly, Raphael Warnock, Catherine Cortez Masto, Maggie Hassan, and Michael Bennet – voted for Biden’s inflationary spending.

INFLATION SOARED TO A NEW 40-YEAR HIGH

  • Prices on virtually everything – including Halloween favorites – show no signs of slowing down.
  • In September, consumer prices soared 8.2 percent compared to last year, exceeding economists’ expectations and remaining at a near 40-year high.
  • Even if inflation stopped rising today, Biden’s price hike would cost the average U.S. family more than $8,700 over the next year according to Congress’ Joint Economic Committee.
    • In September alone, inflation cost the typical household an extra $728.

BIDEN AND DEMOCRATS CREATED THIS INFLATION

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