Biden Policies DESTROY Christmas Traditions

Christmas tree and fireplace with stockings and gifts.

Despite Trump’s return to office promising economic relief, a staggering 42% of Americans are forced to slash holiday spending this year, with some abandoning gift-giving entirely as Biden’s inflation legacy continues crushing family budgets.

Story Highlights

  • Two in five Americans cutting holiday spending despite feeling personally secure financially
  • 20% of budget-conscious families skipping gifts altogether for the first time
  • Lower-income households bearing the brunt while wealthy Gen Z consumers continue splurging
  • Retailers project record $1 trillion in sales despite widespread consumer belt-tightening

Biden’s Inflation Damage Forces Holiday Sacrifices

Nationwide’s 2025 Economic Impact Survey reveals the harsh reality facing American families this holiday season. While 55% of Americans report feeling secure about their personal finances, 42% are deliberately reducing holiday spending compared to last year. This paradox reflects the lingering damage from years of reckless government spending and inflationary policies that have fundamentally changed how families approach discretionary purchases, even during traditionally joyful seasons.

Working Families Bear the Burden of Economic Inequality

The data exposes a troubling divide that threatens American family traditions. Among those cutting back, 49% are buying fewer gifts, 38% are choosing cheaper alternatives, and a heartbreaking 20% are skipping gifts entirely. Lower-income households face the harshest choices, with only 48% maintaining or increasing spending compared to 65% of high-income families. This disparity undermines the principle that every American family deserves to celebrate the holidays with dignity, regardless of income level.

Retailers Profit While Families Struggle

Despite widespread consumer belt-tightening, the National Retail Federation projects record-breaking sales exceeding $1 trillion for the first time in 2025. This disconnect between family hardship and corporate profits highlights a troubling “say-do gap” identified by PwC, where consumers plan restraint but actual spending rises due to unavoidable holiday pressures. The average gift spending has climbed to $770, a 7% increase that forces families deeper into debt or painful sacrifice.

Food Budgets Squeezed as Traditions Survive

YouGov polling reveals 36% of Americans are cutting food and drink expenses for holiday celebrations, with 65% setting strict budgets under $300. Despite these constraints, 69% still consider traditional items like turkey and ham essential, forcing families to seek cheaper alternatives or smaller portions. This represents a fundamental attack on American holiday traditions, where government-induced inflation has made basic celebratory meals a luxury many can barely afford.

The contrast between corporate optimism and family reality demonstrates how years of fiscal mismanagement continue impacting real Americans. While President Trump works to restore economic sanity, families are already making painful adjustments that will define their 2025 holiday memories.

Sources:

The state of the US consumer

Holiday spending update

NRF expects holiday sales to surpass $1 trillion for the first time in 2025

2025 holiday spending: Most US adults are cooking more, spending less

2 in 5 Americans plan to scale back holiday spending—some skip gifts altogether