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    Themed Entertainment Association announces 32nd annual Thea Award recipients – InPark Magazine

    Themed Entertainment Association announces 32nd annual Thea Award recipients – InPark Magazine

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    Themed Entertainment Association announces 32nd annual Thea Award recipients – InPark Magazine

    Themed Entertainment Association announces 32nd annual Thea Award recipients – InPark Magazine

    American Legion Hall celebrates Veterans with night of entertainment – Bethany Republican-Clipper

    American Legion Hall celebrates Veterans with night of entertainment – Bethany Republican-Clipper

    Liev Schreiber ‘cleared to return to work’ after weekend hospitalization, rep confirms – Los Angeles Times

    Liev Schreiber ‘cleared to return to work’ after weekend hospitalization, rep confirms – Los Angeles Times

    Claire Danes Gets Honest About Her Surprise Pregnancy at Age 44 – Yahoo

    Claire Danes Gets Honest About Her Surprise Pregnancy at Age 44 – Yahoo

    The next Met Gala exhibit will spotlight fashion across art history – San Francisco Chronicle

    The next Met Gala exhibit will spotlight fashion across art history – San Francisco Chronicle

    The Running Man to David Hockney: your complete entertainment guide to the week ahead | Culture – The Guardian

    The Running Man to David Hockney: your complete entertainment guide to the week ahead | Culture – The Guardian

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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Biden is calling out corporations because ‘his administration is underwater with independents,’ Andrew Yang says

February 14, 2024
in General
Biden is calling out corporations because ‘his administration is underwater with independents,’ Andrew Yang says
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Forward Party's Andrew Yang: Voters sense 'enormous drop off' between Pres. Biden and everyone else

President Joe Biden called out snack companies on Super Bowl Sunday, asking them to put a stop to “shrinkflation” – and it’s a jab Americans may see more frequently from the White House.

Biden was sitting beside common snacks like Oreos, Doritos and Goldfish during the 48-second clip, posted to X.

“When buying snacks for the game, you might have noticed one thing: Sports drink bottles are smaller, a bag of chips has fewer chips, but they’re still charging you just as much,” Biden said.

Shrinkflation happens when consumer products get smaller in weight, size or quantity while their prices stay the same or even increase.

Why everyone is so obsessed with inflation

“I’ve had enough of what they call ‘shrinkflation.’ It’s a rip off,” Biden said. “…I’m calling on companies to put a stop to this.”

“That’s a message that the average consumer will nod their heads and say ‘sure, I hate it when that happens,'” former presidential candidate Andrew Yang said. “The question is whether that’s actually going to change corporate practices.”

White House National Economic Council Director Lael Brainard on Tuesday also blamed higher consumer prices on “shrinkflation,” during an appearance on CNBC’s “Money Movers.”

“They’re gonna have to keep making this case around the country because the Biden administration is underwater with independents who are going to decide this November’s election,” Yang, now the co-chair of the Forward Party said. “They’re going to be trying anything they can to say, at least, ‘we’re on your side.'”

Inflation is thrashing countries all around the world. But not Switzerland

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CNBC – https://www.cnbc.com/2024/02/13/biden-is-calling-out-corporations-because-his-administration-is-underwater-with-independents-andrew-yang-says.html

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