On Monday, many Americans will be joyfully gathering to pay their respects to the men and women who sacrificed it all to protect our freedoms.
Memorial Day is one of our oddly-macabre holidays, where we find ourselves often near a body of water and almost always near some BBQ grilling. We enjoy our freedoms on this day because it is one of the best ways to honor those who’ve provide those freedoms to us.
But this year, thanks to Joe Biden’s horrendous fiscal policies, Memorial Day is stinging the wallet a little harder than usual.
With costs for ground beef and chicken breasts at all-time highs, consumers have few alternatives to switch to different proteins — so some may skip them entirely.
The US Memorial Day holiday on Monday is considered the unofficial opening of the outdoor grilling season, and the surging costs are pointing to a disappointing start. Price pain in meat comes after Russia’s invasion of Ukraine stalled crop exports in the Black Sea, pushing up the costs of animal feed. Even prices for propane used to power grills have soared.
Experts predicted a major change in the holiday fare.
“The inflationary environment is starting to take its toll,” said Michael Nepveux, senior analyst for animal protein at Stable USA, which offers risk-management tools for some commodities. ‘‘Instead of steak or chicken, we migaht have pasta or a pizza.’’
The continued rise of inflation has Americans in an economic dirge the likes of which we haven’t seen in nearly 40 years, and without some clear and actionable changes in Washington DC, it may only get worse from here.