President Joe Biden and First Lady Jill Biden will spend Thanksgiving at the home of a private-equity billionaire, fueling the ire of conservatives fed up from inflation and high prices for many items including turkeys.
The first family touched down on the luxurious vacation-escape island of Nantucket in Massachusetts on Wednesday to stay at their friend David Rubenstein’s $20million home. They previously stayed on the island in 2014, when Biden was vice president.
In a statement Tuesday, the White House said: ‘The First Family will stay at the home of their friend, David Rubenstein, as they have done previously.’
Rubenstein co-founded private-equity behemoth The Carlyle Group and is reportedly worth $4.5billion, according to Forbes.
Biden’s Thanksgiving is shaping up much different from that of most Americans putting meals on the table.
An American Farm Bureau Federation survey concluded last week that the average cost of a Thanksgiving feast for 10 people reached an all-time high this year. Ringing in at $53.31 per person this year, the cost is up 14% from 2020.
Mounting inflation driven by supply chain issues has caused prices at American grocery stores to rise. Meat, poultry, fish and eggs are some of the foods that have become most expensive.
When asked about the message Biden sends by spending the holiday at a billionaire’s home during a time of inflation and expensive groceries, the White House was quick to jump to Biden’s defense.
‘This is a time to put politics aside, spend time with your loved ones and talk about what you’re grateful for,’ White House Press Secretary Jen Psaki said on Tuesday.
Psaki also said that prices of ‘a 20-pound turkey will only cost $1 more this year’, which isn’t necessarily the case. According to the US Department of Agriculture, the average price of an 8-16 pound turkey increased $1.35 per pound, up 25% from a year ago.
Psaki stressed that the president is concerned about ‘any increase in prices’, but added that ‘you are president no matter where you are’.
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