Friday, February 16, 2024

Joe blames Corporations for "Shrinkflation"

Biden addresses his own failure on inflation

On Super Bowl Sunday, President Joe Biden tried to seize the populist mantle by calling out food companies for keeping prices the same but cutting back on the portion sizes of snacks inside the packages.

“While you were Super Bowl shopping, did you notice smaller-than-usual products where the price stays the same? Folks are calling it Shrinkflation and it means companies are giving you less for every dollar you spend. I’m calling on the big consumer brands to put a stop to it,” Biden stated.

The absurdity of this tact was readily apparent.

Companies are cutting back on portions because the only other option is to continually raise prices to keep pace with Biden’s inflation. [patriotpulse]

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