by WorldTribune Staff / 247 Real News October 28, 2024

Many Americans are scaling back on the amount of candy they will be handing out to trick-or-treaters this Halloween due to rising inflation caused by Biden-Harris administration policies.

According to the consumer price index, the cost for candy and chewing gum is up around 22 percent under Biden-Harris.

That’s more than twice the cumulative inflation during Trump’s presidency.

Boo, indeed.

A survey by the Halloween & Costume Association found that 53 percent of American consumers say rising costs would impact their Halloween plans—and price is the biggest factor in choosing a costume.

“Inflation seems to be casting a chilling spell over holiday fun for some, with 25 percent of Americans saying they plan to spending less on Halloween compared to last year,” the association said.

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Personal finance website WalletHub reported that 57% of 250 adults responding to a recent poll said they planned to cut back spending on Thursday’s festivities.

WalletHub editor John Kiernan cited “inflation and record-high interest rates” on credit cards for the trend, noting that 64% of respondents reported having nightmares about money.

WalletHub survey participants reported high levels of “economic unease” about being able to afford unplanned financial emergencies and needs, with 46% saying they were “very fearful” of the current U.S. economy and 45% saying they were “somewhat fearful,” compared with 9% who said they were not fearful.

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  Boo! Biden-Harris inflation deflates Halloween fun, WorldTribune.com