Biden Calls Out Snack Companies for Sneaky Shrinkflation
• Biden calls out snack companies for "shrinkflation," reducing product sizes but keeping prices the same • Cites it as a "rip-off" and says companies are trying to "pull a fast one" on consumers • Calls on companies to "put a stop to this" but offers no specific policies or solutions • Report shows household products 34.9% more expensive per unit, 10.3% due to shrinkflation • Prices of snacks like Oreos and Doritos up 26.4%, 9.8% due to smaller portions