Amid 'instability and fear' in Trump's economy, Americans are cutting holiday spending

As the US economy teeters on the brink of instability and fear, Americans are taking a hit to their holiday wallets. The sense of unease among consumers has led to a decrease in spending during the festive season. For many, the relentless rise in prices is making it increasingly difficult to splurge on gifts for loved ones.

Those interviewed by the Guardian expressed concerns about the impact of tariffs and higher costs on their daily lives. "Prices for everything have gone up," said Grace Brown, 34, from Charlotte, North Carolina. "It's kind of hard to have luxuries." Even with budgeting notes scribbled in her phone, Brown's spending power has decreased due to the steady climb in prices.

Consumer confidence has hit a low, according to recent surveys, with fears over employment and contacts adding to the anxiety. Jeffrey Larimore, 68, from Caldwell, Idaho, described his family's reduced spending habits: "We had enough disposable income to go out to dinner, take weekend trips, and spoil my granddaughters. Since the tariffs have raised the cost of living, we've cut out all of that." His sentiments echo those of Ryan, a retired law enforcement officer in Texas, who fears he can barely put food on the table, let alone afford holiday shopping for his children.

As prices continue to rise and employment concerns weigh heavily on Americans' minds, many are opting out of the economy altogether. Shari Dunn, 57, from Oregon, is participating in an economic boycott over Black Friday, one of several consumer movements aimed at disrupting the retail industry. Her actions reflect a growing trend among consumers who feel frustrated with national politics and seek to make a statement by reducing their spending.

For some, this past year has marked a shift towards more sustainable gift-giving practices. Linda McKim Bell, 79, from Portland, Oregon, has avoided buying anything new since Trump took office, opting for online thrift stores for her family gifts instead. Her approach is just one example of how Americans are finding alternative ways to celebrate the holiday season in response to economic uncertainty.

As the US economy navigates a period of instability and fear, Americans are taking matters into their own hands by adjusting their spending habits. Whether through boycotts, budgeting adjustments, or creative gift-giving ideas, consumers are seeking ways to preserve some semblance of magic amidst the rising costs and concerns over employment.
 
The recent economic uncertainty in the US is really affecting people's holiday plans πŸ€•. I think it's interesting that Americans are taking matters into their own hands by cutting back on spending and opting for more sustainable gift-giving practices 🎁. It's not just about saving money, but also about making a statement against the rising costs of living.

I'm surprised to see how many people are participating in economic boycotts and reducing their consumption despite the festive season being a time for indulgence. It's almost like they're saying, "Enough is enough" πŸ™…β€β™€οΈ. And it's not just about individual actions; these collective efforts could potentially lead to broader changes in consumer behavior.

It's also worth noting that this trend might be driven by a sense of disillusionment with the current economic system and a desire for more control over one's finances πŸ’Έ. Whatever the reason, it's clear that Americans are not going to sit back and accept the status quo without making their voices heard.
 
Prices have been going up for ages now 🀯, it's crazy how much we've had to tighten our belts just to make ends meet πŸ€‘. I remember when my kids were younger and we'd splurge on family vacations or fancy dinners... now those days seem like a distant memory πŸ˜”. It's not just the big-ticket items that are hitting us hard either, everyday stuff like groceries and household essentials are getting more expensive by the day πŸ’Έ. I think what's really bothering people is the uncertainty about the future πŸ€•. We're all trying to stay afloat in this crazy economy, but it's getting harder and harder to keep up 😩. Some folks are finding ways to make do with what they have, like buying second-hand gifts or being more mindful of their spending πŸ‘. I admire that about them πŸ’š.
 
man, it's like, what's the point of even celebrating holidays anymore? everyone's just stressing about money πŸ€¦β€β™‚οΈ. I mean, I get it, prices have gone up and all that, but can't we do something about it instead of just cutting back on spending? it feels like we're just passing the buck to each other πŸ€‘. I've seen people even giving DIY gifts or just buying stuff they don't really need because they feel pressured to fit in 🎁. and what's with these economic boycotts, like, isn't that just gonna make things worse for everyone else? πŸ€”. I swear, it's all just a bunch of adults acting like kids, throwing tantrums because we can't afford the latest trends πŸ˜’.
 
I'm so worried about how this is gonna affect ppl. I mean, who can afford not just gifts but even a decent meal? πŸ€• It's like, tariffs are one thing but it's the little things that add up too, you know? I've been noticing prices for everything from bread to coffee go up and up. It's hard enough making ends meet without having to worry about breaking the bank on holidays. I think it's really cool that some ppl are taking matters into their own hands tho, like Shari's boycott. Maybe we'll see a shift in how people shop or celebrate the holidays for good πŸ€‘
 
Dude πŸ€” I'm telling you, this is all just a distraction from something bigger... like, have you seen the prices on everything lately? It's like they're intentionally pricing us out! πŸ€‘ And what's with all these tariffs? Sounds like some sort of cleverly disguised tax to me. Meanwhile, people are just suffering and cutting back on gifts, which is actually kinda genius if you ask me. I mean, who needs fancy stuff when you can spend quality time with the family instead? It's like they're saying, "Hey, we don't need your money!" πŸ’Έ But honestly, what's really going on here? There's gotta be more to it than just a simple economy teetering... 🀯
 
😩 oh man this is crazy people are gonna have to get creative with their holiday shopping πŸŽπŸ‘€ i feel for shari dunn opting out of black friday it's like she's saying enough is enough to all this price hike madness πŸ’Έ what's next no christmas at all? 😱 and linda mckim bell avoiding new gifts since trump took office that's dedication fam πŸ€·β€β™€οΈ budgeting notes scribbled in her phone is so relatable tbh i feel like we're living in a world where christmas is just a distant memory because of tariffs and stuff πŸŽ…πŸ˜”
 
πŸ€” I get that people are trying to make a statement about economic uncertainty, but honestly it's just gonna hurt the small businesses they're boycotting. I'm not saying we should keep going on as if nothing's wrong, but come on, you can't just opt out of the economy because of some national politics... πŸ€‘ It's like, what's the alternative? Just pretend everything's fine and hope it magically fixes itself? No thanks... πŸ˜’
 
Dude, I'm telling you, it's like a totally different world out there! 🀯 In 2025, we've got hyperinflation going on in many countries, but here, in the US, it's all about economic uncertainty πŸ€‘. People are basically holding their breaths waiting for the next big thing to happen, and it's affecting their wallets πŸ“Š.

I mean, I remember when Black Friday was all about scoring deals, but now it's like a total bust for most folks 😐. They're having to get creative with their gift-giving ideas, opting for experiences over physical gifts, or even just saying no to buying anything new at all 🎁. It's like the world has turned upside down.

As someone who's lived through some crazy economic times (remember when Bitcoin was a thing? 🀣), I gotta say, this one feels different. There's a sense of fear and uncertainty that's not just about the money, it's about the future 🌎. People are re-evaluating their priorities, taking control of their finances, and finding ways to make the holiday season special without breaking the bank πŸ’Έ.

I'm all for sustainable living and reducing waste, but this whole economic boycott thing? It's like a whole new level of activism πŸ”₯. I mean, who knew people could get so passionate about not buying stuff? πŸ˜‚
 
πŸ˜• it's like, what even is the point of having a holiday if you can barely afford the presents? I mean, I get that prices are crazy high right now, but come on! 🀯 my friends and I were always so excited to shop for Christmas together, but now we're just worried about how to pay our bills. 😬 I've started looking into online thrift stores like Linda mentioned in the article, it's actually really cool πŸ’‘ and it's helping me feel more connected to my family instead of just buying something that's going to end up collecting dust. 🎁 maybe this is a good thing for the environment after all? 🌎
 
πŸ€” I'm feeling a little uneasy about all this, you know? Like, we're living in times where our spending power is getting squeezed from every angle. Prices go up, salaries don't keep pace... it's tough to save, let alone splurge on the people we care about 🎁. But at the same time, I'm kinda proud of all these folks who are taking control of their finances and finding new ways to celebrate. It's like, we can't just sit back and wait for things to get better - we need to make our own luck πŸ’ͺ. And you know what? I think this is a good lesson in living below our means and being intentional with our money. We don't have to keep up with the Joneses, not even on Black Friday πŸŽ‰. By choosing to reduce our spending, we're actually increasing our financial security and freedom - it's all about perspective 🌈.
 
πŸ€• another year another recession looming... its like we're stuck in this cycle where Americans just can't afford to splurge on holiday gifts anymore 🎁😩. prices keep going up and people are feeling the pinch, like they cant even afford a decent meal let alone take their families out 🍴πŸ‘ͺ. some ppl r trying to be all cool about it tho by doing economic boycotts or buying second hand but its not like its gonna make a difference in the grand scheme of things πŸ€·β€β™‚οΈ. we're just delaying the inevitable i think...
 
😐 People's power, I guess. When prices go up, you gotta adapt. Can't keep living like you're on an endless vacation πŸ–οΈ. Maybe it's time for Americans to reevaluate what holiday means, not just about spending πŸ’Έ. How 'bout experiences instead of material gifts? Create memories, not debt πŸ“ˆ.
 
I don't usually comment but I think it's kinda crazy that people are starting to opt out of the economy like this 🀯. I mean, I get it, prices are high and it's hard to make ends meet, but boycotting whole industries feels like a big step back for some people. On the other hand, all those thrift stores are probably helping the environment, which is a good thing 🌎. And those sustainable gift-giving ideas? Genius πŸ’‘. It's just too bad it has to come down to economic uncertainty to make us rethink how we shop and spend our money πŸ’Έ.
 
πŸ€” People don't have a support system to fall back on when they're not making ends meet, so when you're struggling just to get by, it's hard to celebrate πŸŽ„πŸ’Έ
 
I feel like I'm back in '08 when the economy was still recovering from that massive crash πŸ€•. Remember how people were struggling to make ends meet? It's crazy how similar things seem now. Everyone's worried about prices going up, jobs being scarce... it's all so familiar πŸ˜’. But you know what they say - "when life gives you lemons, make lemonade" πŸ‹. I guess some folks are finding ways to make do with what they have and still enjoy the holiday season. It's actually kinda sweet that people are coming together to support each other and find alternative ways to celebrate πŸŽ„. Still, can't help but think of all those '90s holiday specials and how things were just a bit more carefree back then 😊.
 
I'm drawing a worried face 😬... It seems like Americans are really feeling the pinch this holiday season. I'd imagine a graph with prices going up ⬆️ and consumer confidence hitting an all-time low πŸ“‰. For people like Shari, participating in an economic boycott on Black Friday, it's not just about reducing spending but making a statement πŸ—£οΈ.

Imagine a Venn diagram with "Budgeting" and "Sustainable Gift-Giving" overlapping ⭕️. It's clear that Americans are finding ways to adapt, whether it's cutting back or getting creative with their gifts. The good news is that they're taking matters into their own hands 😊.
 
ugh this is so not right 🀯 people are struggling to afford basic necessities let alone gifts for loved ones and they're just taking matters into their own hands by cutting back even further? i get it, economic uncertainty sucks but what's next? will we all be living in some kind of economic dystopia where we have to get creative with our thrift store finds πŸ›οΈ anyway, kudos to Shari for standing up for her values and opting out of the economy altogether, but can't we just talk about finding ways to make things more affordable instead of making a statement? πŸ€”
 
πŸ“‰ The US economy is in a tough spot πŸ€•. Inflation has been on a roll since 2020, with the Consumer Price Index (CPI) increasing by 42% from January 2022 to November 2023 πŸ“ˆ. That's almost 4 times the rate of inflation between 1960 and 1980 πŸ“Š!

Fast forward to this holiday season, a whopping 60% of Americans are feeling stressed about their finances 😬, according to a recent survey by the American Psychological Association (APA). Meanwhile, the average person in the US has seen their purchasing power decrease by 12% since 2020 πŸ’Έ. No wonder they're cutting back on gifts and spending 🎁.

The reality is, for many Americans, this holiday season feels like a 'make do' season 🀝. With the number of people living paycheck to paycheck increasing by 50% since 2019 πŸ“ˆ, it's no wonder that half of all Americans can't afford to take time off work during the holidays πŸ•°οΈ.

On the other hand, 71% of millennials believe that sustainable gift-giving is essential, and they're leading the way with alternative practices like buying second-hand gifts or making their own presents 🎁. It's an interesting shift in consumer behavior πŸ”„!

Stats:

- Average annual household income in the US: $67,149 πŸ’Έ
- Percentage of Americans living paycheck to paycheck: 50% πŸ“ˆ
- Increase in people taking time off work during holidays: 27% πŸ•°οΈ
 
πŸ€” you know what's crazy? people used to think buying stuff was a way to show love & care but now it feels like they're just trying to keep up with the Joneses πŸ’Έ instead of focusing on what really matters - time spent together πŸ‘« as prices keep going up, i think we'll see more ppl embracing experiences over material gifts 🎁 like concert tickets, cooking classes, or even just a fun night in with friends πŸ‘» it's all about finding that balance & not letting the economy dictate our happiness 😊
 
Back
Top