President Joe Biden slammed food and beverage companies for 'shrinkflation' that's leaving consumers with less to eat and drink for the money on Sunday ahead of the Super Bowl.
President Joe Biden took to social media on Sunday ahead of the Super Bowl to criticize food and beverage companies for "shrinkflation" consumers have encountered as the companies downsize their products to compensate for higher input costs. "It’s Super Bowl Sunday – if you’re anything like me, you like to be surrounded by a snack or two while watching the big game," Biden said in a video post on X, formerly Twitter.
Companies in the food and beverage industry have sought to address rising costs of ingredients and other production inputs by shrinking their product offerings in the last few years as inflation hit the U.S. economy. Inflation peaked at 9.1% in June 2022 before gradually declining following the Federal Reserve’s interest rate hikes. As of December, inflation had fallen to 3.
Hur opted against bringing charges against Biden despite his improper retention of national security documents after the president demonstrated what the special counsel characterized as memory and recall issues during his interviews with investigators. The special counsel wrote that his team considered that if charges had been brought against Biden and the case went to trial, "Mr.
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