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During his State of the Union address, President Joe Biden reached for one of his top recent peeves: shrinkflation. "Too many corporations raise prices to pad the profits, charging more and more for less and less," Biden said. He complained about skimpier Snickers bars and added: "The snack companies think you won't notice if they change the size of the bag and put a hell of a lot fewer — same size bag — put fewer chips in it." Less coffee in a can, more air in a bag of cereal, fewer sheets in a toilet-paper roll — shrinkflation lets...

The "Sesame Street" figure wants more cookies per dollar, while the snacker-in-chief bemoaned the loss of potato chips per package.Beloved "Sesame Street" figure Cookie Monster lashed out at companies hawking their food wares at the same price but with less actual product — a practice known as “shrinkflation." “Me hate shrinkflation!” the “Sesame Street” character told his 626,000 fans on X, the platform that used to be known as Twitter, on Monday. “Me cookies are getting smaller.” It was a sentiment shared by the White House, which responded Monday, "C is for consumers getting ripped off." And then President Joe...

The scandal of the century is unfolding at this very moment, leaving political onlookers wondering: Did Joe Biden collude with the Cookie Monster? I know it seems like I'm joking, but only half so. There's reason to believe that the President of the United States improperly gave money to "Sesame Street" only for the show's characters to begin repeating White House talking points. Here's the post that started all this. Cookie Monster @MeCookieMonster Me hate shrinkflation! Me cookies are getting smaller. Sesame Street’s foray into the "shrinkflation" debate could raise questions about whether the White House and Sesame Street coordinated...

President Joe Biden on Tuesday said he was 'stunned' to find out that the Cookie Monster has been a victim of 'shrinkflation' and slammed chip companies for charging the same price for bags when you get 'a helluva lot fewer'.

The White House on Monday seized on Cookie Monster’s post complaining about “shrinkflation.” “C is for consumers getting ripped off,” the official White House account on X, formerly known as Twitter, posted in response to an earlier post by the “Sesame Street” character. “President Biden is calling on companies to put a stop to shrinkflation. On Monday, Cookie Monster’s account on X posted that “shrinkflation” was getting him down. “Me hate shrinkflation! Me cookies are getting smaller,” he wrote, with a sad emoji. “Shrinkflation” refers to companies making their products smaller while keeping the same price.

“I’ve had enough of what they call shrinkflation," Biden said. "It's a rip-off.”President Joe Biden has a message for snack companies: Knock it off with shrinkflation. On Sunday, just ahead of the Super Bowl, Biden posted on X (formally known as Twitter), sharing a video aimed at snack companies, saying that they are shrinking the size of their products without also reducing costs to consumers. It’s a practice the president bluntly called a “rip-off.” “When buying snacks for the big game, you might have noticed one thing,” Biden said. “Sports drink bottles are smaller, a bag of chips has fewer...

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e all know it by now—the pandemic has caused things to get more expensive. Producers are paying more for energy, labor and transportation, and they're passing the cost on to consumers. Rising gas prices are obvious, but at the grocery store, shrinkflation can look like products with suspiciously smaller amounts selling for the same price as before. Or, the products themselves might be changing—the milk, cream and sugar in your favorite ice cream might be replaced with cost-saving bulking agents like corn syrup solids and whey protein. The Consumer Price Index may not even reflect all these shifts: It doesn't...

Everything’s getting more expensive. But have you noticed? Everything’s getting smaller, too. Cereal boxes, soup cans, paper towels, you name it, are all shrinking in a phenomenon known as “shrinkflation.” Manufacturers figure consumers will notice higher prices, but who can tell when a box of Wheat Thins goes from 10 ounces to 8.5 ounces? Now, shrinkflation has hit your favorite burgers and pizzas. “For the first time ever consumers are mentioning ‘shrinkflation’ in Yelp reviews,” the website said in a release, citing new data. “In Q2 2022, consumers are talking about shrinkflation-related experiences most commonly at restaurants serving more affordable...

It’s the inflation you’re not supposed to see. From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed “shrinkflation,” and it’s accelerating worldwide. In the US, a small box of Kleenex now has 60 tissues; a few months ago, it had 65. Chobani Flips yogurts have shrunk from 5.3 ounces to 4.5 ounces. In the UK, Nestlé slimmed down its Nescafe Azera Americano coffee tins from 100 grams to 90 grams. In India, a bar of Vim dish soap has shrunk from 155 grams to 135 grams. Shrinkflation isn’t...

Food company Frito-Lay has cut down the number of chips in each bag of Doritos as record inflation has raised production expenses. A bag of Doritos has five fewer chips than it used to, the company told Quartz. "Inflation is hitting everyone. … We took just a little bit out of the bag so we can give you the same price and you can keep enjoying your chips," a Frito-Lay representative said. Other ubiquitous consumer products have fallen victim to "shrinkflation," Quartz reported. Bounty has cut three sheets from each roll of paper towels, and a box of Wheat Thins...

More air in that bag of chips? Fewer flakes in your cereal box? You're not imagining it: "Shrinkflation," a tactic used by industry to hide price increases, is back in vogue. Facing the post-pandemic inflationary surge, partly fueled by bottlenecks in global supply and trouble finding workers, companies are under more pressure to deal with rising costs. Consumer advocate Edgar Dworsky, who has followed the phenomenon he calls downsizing for quarter of a century, says he has identified dozens of products in recent months that have seen sneaky price increases. It's definitely more insidious because shrinkage, at least for me,...

The Modern Survivalist LIVE STREAM NOTIFICATION - Matt Bracken and Host Fernando Aguirre Broadcast from Spain and Florida, U.S.A. Join us today as we talk with Matt Bracken about current events and how to be better prepared! Make sure to join early and leave your questions in the chat section. Always a fast-moving show. Wide-ranging discussions include emerging global issues, US military degradation, national cultural instability, attacks on freedom from the left and recent news stories. A good resource for ideas to prepare for possible events and for equipment evaluations and suggestions. Subscribed listeners can ask questions in the comments...

The prices of a lot of things are up these days, which fits the common definition of “inflation.” Meanwhile, an increasing number of products are appearing at the same price but in smaller packages.This is inflation’s slippery first cousin “shrinkflation.” Here’s a sampling from a recent study:• Bounty paper towels: The triple back has shrunk from 165 sheets to just 147. • Costco’s toilet paper: A large pack was 425 sheets last year, but now is just 380. • Dial Body Wash: Reduced from 21 ounces to 16 ounces, a 25 percent reduction. • Ziploc freezer bags: 54 bags last...

Speaking to Berkshire’s millions of shareholders on Saturday, Buffett warned the company was being hit by inflationary pressures: “We’re seeing very substantial inflation – it’s very interesting. I mean, we’re raising prices. People are raising prices to us. And it’s being accepted.” “The costs are just up, up, up. Steel costs, you know, just every day, they’re going up.” “And it just won’t stop! People have money in their pocket, and they pay the higher prices… There’s more inflation going on that people would have anticipated six months ago or thereabouts.” -VIDEO

Costco paper towels. Same price as the previous several times buying them. Now with 20 fewer sheets. 140/160= .875 Inflation rate: 8.75% Find the old rolls in store with 160 sheets and it’s effectively like buying the new sheets at 8.75% off!