President Joe Biden says Thanksgiving dinner is getting cheaper, but voters may not be buying it.

Biden spoke Monday on actions the White House is taking to boost supply chains, lower costs, and "help Americans get the goods they need." But the president also claimed that some costs, adjusted for inflation, are already near historic lows.

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"From turkey to air travel to a tank of gas, costs went down [this Thanksgiving]," Biden said. "In fact, as a share of earnings this Thanksgiving, dinner was the fourth cheapest ever on record. I want y'all to know that."

The remark drew applause from the people in the room, but Biden's economic claims may not be resonating with the wider public. Recent polling shows that Biden's approval rating on the economy is just 38.1%, per the RealClearPolitics average, despite the White House's promoting of "Bidenomics" in recent months.

Inflation jumped from 1.4% the month Biden took office to more than 9% in the summer of 2022 before gradually falling back to about 3% now. Still, prices have cumulatively risen roughly 17% during the Biden administration.

Conservatives say there is good reason for voter skepticism, pointing to falling real wages since Biden took office and decrying his economic policies.

"Biden ignores his administration's own role in the ongoing cost-of-living crisis, including his reckless spending that's diluted the value of the currency and his opposition to traditional energy that's raised gas and electricity costs," Job Creators Network CEO Alfredo Ortiz said following the remarks. "He tries to hide his responsibility by accusing companies of 'price gouging,' when in reality most small businesses operate on slim profit margins and have no other choice but to pass along higher costs to consumers."

The Biden administration has mixed its economic boosting with attacks on "MAGA" Republicans, a trend he also continued during Monday's speech.

"Fortunately, we’ve been able to push back on MAGA Republicans so far, but they haven’t given up," Biden said. "They still want to undo this progress we’re making. They’re proposing cuts and investments in roads and bridges, the internet — high-speed internet.”

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Biden will visit Colorado on Wednesday, where he's scheduled to tour a wind energy facility, promote Bidenomics, and highlight how "self-described MAGA Republicans" like Rep. Lauren Boebert (R-CO) are threatening investments, jobs, and opportunities.

The visit will take place in Boebert's district.