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Inflation Fireworks: Burden of Soaring Food Costs on Independence Day

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Published on 04 Jul 2023 / In News & Politics

Protect Your Finances With A Gold IRA http://nextnewsgold.com Noble Gold is Who I Trust ^^^ As Americans gear up for the Fourth of July, they face an unexpected burden: soaring food costs due to unyielding inflation. According to the National Retail Foundation, per-person spending on Independence Day food has reached a record-breaking $93.34. That's a staggering increase and a clear indication of the inflation strains felt by the American populace. Despite the Biden administration's controversial claim that the cost of a Fourth of July cookout went down, the NRF's survey contradicts this, showing an actual increase from the previous year. The Bureau of Labor Statistics reports a significant 10.9% surge in consumer food prices, marking the largest proportional increase in decades. The rising costs of beer, soft drinks, cookies, and bread add to the financial strain on American families. Despite these challenges, the NRF survey reveals that the patriotic spirit remains strong, with 87% of respondents still intending to celebrate Independence Day. View the full report here: https://youtu.be/PZVyKG8Wq7s Read More: https://nextnewsnetwork.com/2023/07/03/4th-of-july-food-costs-soar-new-heights-of-inflation-bitter-the-celebration/ Check out our Link Tree: https://linktr.ee/nextnews Sub to the channel: http://nnn.is/Sub-to-N3 Get On Our Email List: http://nnn.is/email-newsletter-next-news ------------------------------------------------------------------------------------ SUPPORT THE OUR REPORTING AT THE LINKS BELOW! ------------------------------------------------------------------------------------ Donate With Paypal: https://nnn.is/give-once Give BTC: 13Hd1HFqS5CDLCMcFQPWu9wumubo6X2hSM Next News T-Shirt Shop: http://nnn.is/get-your-gear-here Books That Teach Freedom! https://bit.ly/teach-freedom Get the equivalent of a Ph.D. in libertarian thought and free-market economics online for just 24 cents a day! Visit: http://LibertyClassroom.org Restore YOUR Online Privacy here: https://HideWithGary.com Enter Promo Code: nextnews for 20% OFF ! Be Ready in ANY disaster. Stock up on Survival Food here: http://PrepareWithGary.com ---------------------------------------- FOLLOW US ON SOCIAL! --------------------------------------- https://truthsocial.com/@NextNewsNetwork https://parler.com/garyfranchi https://gettr.com/user/nextnewsnetwork Telegram: https://t.me/nextnewsnetwork1 https://Minds.com/NextNews https://Minds.com/GaryFranchi https://BitChute.com/channel/NextNewsNetwork https://Real.Video/channel/NextNewsNetwork http://Facebook.com/NextNewsNet http://Twitter.com/NextNewsNetwork http://Twitter.com/garyfranchi http://NextNewsNetwork.com Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Community Guidelines Disclaimer: The points of view and purpose of this video is not to bully or harass anybody, but rather share that opinion and thoughts with other like-minded individuals curious about the subject. #NextNews #core

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