WHAT HOUSING CRISIS???
Migrants across the country are enjoying their first Thanksgiving with free feasts featuring turkey, mashed potatoes, and stuffing as President Joe Biden has driven illegal immigration to the United States to unprecedented levels.
BLACK FRIDAY FLOP or FRENZY? HOUSING CORRECTION, ECONOMIC UPDATES
Migrants Across America Enjoy First Thanksgiving with Free Turkey Feasts
Migrants across the country are enjoying their first Thanksgiving with free feasts featuring turkey, mashed potatoes, and stuffing as President Joe Biden has driven illegal immigration to the United States to unprecedented levels.
In the sanctuary city of Chicago, Illinois, where tens of thousands of border crossers and illegal aliens have arrived since summer 2022, Levy Restaurants is producing 4,000 Thanksgiving meals.
Some of those meals will go to migrants who have been living in city-run shelters as well as sleeping on police station floors and at the Chicago O’Hare International Airport.
Similarly, in the sanctuary city of Boston, Massachusetts, thousands of Haitian migrants are getting Thanksgiving feasts, according to Boston 25 News:
About 2,000 Haitian migrants celebrated their first Thanksgiving in the United States through an event organized by a local non-profit as many families are still unsure where they are going to sleep. [Emphasis added]
Immigrant Family Services Institute (IFSI) provided turkey dinners with Haitian sides including rice, beans, and fried plantains in a joyful feast at several locations across Massachusetts. [Emphasis added]
“I feel so excited. I feel at home,” said Remy Pierre at the IFSI office in Mattapan. “I feel very grateful and joyful, because, right now, we were singing together, we were dancing together. We feel the family lifestyle.” [Emphasis added]
Also, in San Diego, California, a local Catholic Church is serving Thanksgiving dinners to thousands of migrants who have recently arrived from the U.S.-Mexico border. The migrants have been living in a shelter that was built about two months ago.
“We felt like the spirit was calling us to do this,” Father Scott Santarosa, with the church, told CBS 8 News. “We’ve been asking, ‘What does it mean to be a Jesuit Catholic parish here so close to the border?’ and I think this was a way God had us answer those prayers.”
In the sanctuary city of St. Louis, Missouri, local non-profits hosted newly arrived migrants for a Thanksgiving feast. In 2022 alone, St. Louis saw an influx of about 1,000 refugees from Ukraine and Afghanistan as part of Biden’s policy initiatives.
John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.
Report: Majority of U.S. Adults Living Paycheck to Paycheck
The majority of U.S. adults are living paycheck to paycheck heading into this holiday season, a report shows.
LendingClub’s latest report shows that as of October, 60 percent of adults said they are living paycheck to paycheck. Around 40 percent of consumers consider themselves to be worse off now than in 2022.
Even higher earners are struggling to get by, with 42 percent of those making six figures also living check-to-check under President Joe Biden.
According to a separate CNBC survey, the number of adults struggling to save between checks is up from 58 percent in March.
RELATED: Axelrod — Biden Has Bad Economic Ratings Because People Are Looking at Costs and Inflation
More than a third of consumers are planning to dip into their savings to cover holiday spending, LendingClub also found.
“While consumers have found a way to manage through inflation, it’s concerning that many plan to tap into savings, and even exceed their budgets, to finance their holiday purchases, which may leave them vulnerable to an unexpected emergency,” said Alia Dudum, LendingClub’s money expert.
The LendingClub report also revealed 43 percent of consumers who are living paycheck to paycheck and “struggling to pay bills” are planning to use credit for holiday shopping.
Consumers are steadily adopting the “mentality of hyper-consumption,” said Jacqueline Howard, head of money wellness at Ally financial services.
“Hyper-consumption comes from not being mindful,” she added. “Consider what makes the most sense in terms of your well-being.”
Even as credit card debt tops $1 trillion, nearly all shoppers will overspend their holiday budget, a TD Bank survey found.
The report, released last week, revealed that 96 percent of over 2,000 responding shoppers said they expect to overspend this season.
“With economic concerns top of mind for consumers throughout the year, planning ahead can help prevent some of the financial stress that holiday shopping can place on them,” said Matt Boss, Head of Consumer Products at TD Bank. “Setting a holiday budget and sticking to it is the first step that shoppers can take to maintain their peace of mind this holiday season.”
The survey also found that members of Generation Z are “among the best budgeters of all this holiday season,” with 81 percent of Gen-Zers saying they are considering making a holiday budget this year to keep track of their finances, compared to 77 percent of Millennials and just 59 percent of Baby Boomers.
“Gen-Z is also the most likely to plan for their season of giving, with [66 percent] citing that they set aside money year-round in anticipation of increased holiday spending,” the report added.
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