Shrinkflation Shrinks Snack Sizes While Sparking Partisan Clashes

Shrinkflation is when companies charge the same price but provide less product, hiding price hikes from consumers. Examples include smaller candy bars and fewer chips in bags.

Shrinkflation particularly affects snacks and paper products currently, though it's less common than a decade ago.

Companies blame shrinkflation on higher production costs, but Democrats accuse "greedflation." Biden wants more oversight on pricing.

Critics argue Biden's efforts amount to harmful price controls that will cause shortages and other economic issues.

One major chip maker, Frito-Lay, makes many popular chip brands and didn't respond to questions about potentially adding more chips to bags.