The Biden economy will play a major role in the 2024 election. Since the Democrats cannot admit that Biden is to blame in any way, they are training their criticism on corporate greed. Shrinkflation is a very real thing, but it’s a market reaction to current conditions, not a strategy by scheming corporations.

Enter Elizabeth Warren, who is actually fundraising off this concept.

She recently sent out a campaign email that gives the game away:

Doritos, Oreos, and toilet paper

Have you ever finished a bag of Doritos and thought, “Whoa — there should have been a lot more chips in here”?

You were right.

From Doritos to Oreos to toilet paper and beyond, big corporations have been cutting down on how much they put in a bag, in a box, or on a roll — without cutting their prices. In fact, they sometimes charge MORE. For less.

It’s called “shrinkflation.” Corporate executives thought we wouldn’t notice, but they were wrong. We caught on. And we’re not buying their excuse that it’s all about inflation. Why? Because corporate profits have increased by a whopping 75% over the past few years, outrunning inflation by miles.

Shrinkflation is just another way for giant corporations to pad their profits and leave us with the crumbs. Literally. It’s greed, pure and simple. We need to call it out — and we need to push back against corporate abuses of power.

In Washington, I’m working to combat price gouging, break up big monopolies that stifle competition and lead to higher prices, eliminate junk fees that can suck hundreds of dollars a month out of people’s pockets, and make our economy work for working people — not just CEOs who spend their days scheming about how to make more money by doing less.

She also published a video on Twitter/X to go with this message:

From Doritos to Oreos to toilet paper, giant corporations are shrinking how much they give but charging the same price or more. We’re not fooled.
 
Corporations are boosting their profits with these tricks.
 
It’s time to crack down on shrinkflation and corporate greed. pic.twitter.com/AefmKWAvZu

— Elizabeth Warren (@SenWarren) February 4, 2024

Fewer Doritos in your bag.
Fewer Oreos in your box.
Less toilet paper on your roll.

You aren’t imagining it—big corporations really are making you pay the same amount (sometimes more) for less. It’s called “shrinkflation,” and we’ve got to crack down on it.

— Elizabeth Warren (@ewarren) February 6, 2024

Warren is simply following Biden’s lead on this.

FOX News reported:

Biden takes aim at grocery stores for ‘ripping people off’ amid continued high prices: ‘Played for suckers’

President Joe Biden took aim at grocery stores, blaming them for “ripping people off” with high pricing amid the continued inflation blame game.

President Biden’s remarks came during a speech at the South Carolina’s First in the Nation Dinner in Columbia, South Carolina.

“Inflation is coming down. It’s now lower in America than any other major economy in the world,” Biden said. “The cost of eggs, milk, chicken, gas, and so many other essential items have come down.”

“But for all we’ve done to bring prices down, there are still too many corporations in America ripping people off: price gouging, junk fees, greedflation, shrinkflation,” the president continued…

“Well, it’s going to stop. Americans, we’re tired of being played for suckers,” Biden said to resounding applause. “And that’s why we’re going to keep these guys — keep on them and get the prices down.”

All of this is nothing more than an effort to protect Biden from valid criticism by scapegoating businesses that are simply reacting to the economic environment created by the Biden administration.

Featured image via Twitter video.

DONATE

Donations tax deductible
to the full extent allowed by law.