Trump claims Americans are paying less this Thanksgiving– but are prices actually down?

Executive Compensation & Wealth - Elon Musk's potential compensation package could make him the first trillionaire [1] - To achieve this, Tesla's market value would need to reach $85 trillion [2] - If Tesla reaches the target, Musk could be worth over $2 trillion, exceeding the GDP of many countries [2] Economic Inequality & Consumer Spending - The top 20% of wage earners account for approximately 63% of all spending in the United States [6] - Many middle and lower-income individuals are struggling to keep up with inflation and are spending less [7] - Household debt in America has reached a record high of over $18 trillion [5] Inflation & Grocery Prices - Grocery prices are higher compared to the previous year [9][10][11] - A Thanksgiving meal bundle is cheaper this year but contains fewer items [9] - Inflation is still increasing in certain sectors [11] Economic Commentary - The economy is mixed, exhibiting a K-shaped recovery [5] - The President's statements about the economy, particularly regarding tariffs and price decreases, are not entirely accurate [12]