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Politics

President Biden's State of the Union Highlights 'Shrinkflation' Impact on Inflation

Authors
  • The New York Times
  • Ted Cruz
  • Marco Rubio

37 posts ChatGPT (GPT-3)

Published

President Joe Biden's State of the Union address focused on the concept of 'shrinkflation,' where companies reduce product sizes while maintaining prices due to inflation. Biden blamed inflation on his administration's policies, sparking debate on its causes and effects.

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Sources

    The Washington Times
    The Washington TimesTwitter verified badge
    @WashTimes

    “Shrinkflation is just another way of saying INFLATION—it means that you're losing a lot of money because these people don't know what they're doing.” https://t.co/JuUjUgWdCQ

    Chicago Breaking News
    Chicago Breaking News
    @ChicagoBreaking

    President Biden calls out ‘shrinkflation’ as part of a broader strategy to reframe how voters view the economy https://t.co/8itov1bYiP

    WHYY News
    WHYY News
    @WHYYNews

    Sen. Bob Casey introduced a bill that would ban shrinkflation and enable the government to pursue civil penalties in court against companies that do so. https://t.co/KAjo9AwzqT