President Joe Biden attacked America’s favorite candy, snickers, during his State of the Union Address in which he mentioned the tasty treat directly.
oo many corporations raise their prices to pad their profits, charging you more and more for less and less. That’s why we’re cracking down on corporations that engage in price gouging or deceptive pricing from food to health care to housing. In fact, snack companies think you won’t notice when they charge you just as much for the same size bag but with fewer chips in it. You get charged the same amount and you got about 10% fewer Snickers in it. Pass Senator Bob Casey’s bill to put a stop to shrinkflation!
Breitbart reports that on Monday, Snickers hit back:
We have not reduced the size of Snickers singles or share size in the U.S. Like many industries, we continue to face high inflation and spikes in material costs; however, we work to absorb these extra costs wherever possible to provide affordable treats and the best value. Final prices are always at the discretion of the retailer, but we make every effort to minimize costs to provide a full range of delicious products.
As I suspected. The president is literally slandering a candy bar. Official statement given to me by the Mars/Snickers people. Will literally slander anything and anyone. Total hack. pic.twitter.com/6DiJ1Ld6EH
— Scott Jennings (@ScottJenningsKY) March 9, 2024
Breitbart explains the shrinkflation phenomenon and how it ended up in the President’s State of the Union:
Joe Biden has deliberately done three things to explode inflation in America: 1) an insane amount of unjustified government spending, 2) reduced American energy production when increases in gas prices explode the costs of everything that uses energy to be produced and shipped, and 3) allowed millions upon millions of unvetted illegal border crossers to invade our country, which decreases wages and increases the cost of goods and housing. This is basic supply and demand—the more people, the more demand, the higher the costs.
Hoping to gaslight the public into believing he is not intentionally undermining their standard of living, Biden’s team has invented the term “shrinkflation,” which has nothing to do with inflation. All “shrinkflation” results in less product for the same cost. We’ve all seen it. But what are these corporations supposed to do? The cost of manufacturing and shipping has exploded under Biden, which gives them two options: price that box of Ritz Crackers out of reach or offer fewer crackers within a family budget price.
