July Fourth celebrations are fizzling thanks to Trump's economy
Fourth of July celebrations will likely be more expensive this year under President Donald Trump’s economy, thanks to near-record-high beef prices and higher gas prices.
According to data from the U.S. Bureau of Labor Statistics, consumers can expect that ground beef, steak, and round roast will cost between 57 to 75 cents more than a year ago, when former President Joe Biden was in office. Experts say the reasons for the rise in beef prices are a drop in cow herds available to produce beef, as well as rising inflation.
Simultaneously, reports find that gas prices are also going up, in response to tensions in the Middle East. For instance, AAA found that gas prices in Florida increased by double digits alongside Trump’s decision to bomb targets in Iran. The region is a major source of oil, and prices are often tied into availability of resources in response to global conflicts.
These negative developments arrive just a few days before Independence Day, one of the peak days for grilling and traveling.
https://www.dailykos.com/stories/2025/6/24/2329850/-July-Fourth-celebrations-are-fizzling-thanks-to-Trump-s-economy
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