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Biden’s Bad News For Christmas

by Market FinancePosted onNovember 22, 2021November 22, 2021

How much worse can things get?

Are you used to purchasing a Christmas tree every year? Well, if you plan on doing that this year, expect to pay premium prices.

It now appears that the prices of Christmas trees this year will reach a record high due to several economic factors under President Biden’s leadership.

According to Newsday, several economic factors such as the supply chain crisis will result in Christmas tree buyers paying anywhere from 10-30% more for real and artificial Christmas trees. There will also be a smaller selection of trees compared to previous years as well.

John Mohlenhoff, secretary of the hook and ladder company for the Huntington fire department, told Newsday, “Prices have gone up significantly. We’ve had to compromise on what types of trees we’re getting, sizes, everything.”

Artificial trees could likely be hard to find for many Americans this year due to a shortage of truck drivers which is caused by the supply chain crisis.

“Some of the major retailers say they have about 43 percent of their inventory right now when it should be closer to 70 percent at this time of the year,” Jami Warner, executive director of the American Christmas Tree Association said.

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