- Biden held an event at the White House about ‘shrinkflation’, which is when companies reduce the size of their products while maintaining the same price.
- ‘I’ll tell you who noticed: Cookie Monster. “He pointed out that his cookies are getting smaller, but they pay the same price,” Biden said.
- “I was stunned when I found out what happened,” he added.
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President Joe Biden said Tuesday he was “shocked” to discover that Cookie Monster has been a victim of “shrink inflation” and criticized chip companies for charging the same price for bags when they get “far, far less.” “.
The 81-year-old president sided with the Sesame Street character in his fury against companies, especially snack companies, that give Americans less for what they spend.
His comments were a response to the blue furry muppet’s post on his X: ‘I hate twitching! My cookies are getting smaller.’
“I’ll tell you who noticed: the CoOk monster. hHe noted that his cookies are getting smaller, but they pay the same price. “I was shocked when I found out what happened,” the president said.
President Joe Biden, at an ‘inflationary contraction’ event, noted that even Cookie Monster (above) is getting smaller cookies for the same price.
‘Inflationary contraction’ refers to companies reducing the size of their products while maintaining the same price.
Biden was holding a White House event on the issue, which has become a central part of his economic messaging ahead of the 2024 election.
In a video before the Super Bowl, Biden, a self-confessed ice cream lover, said: “What makes me most angry is that cartons of ice cream have actually shrunk in size, but not in price.”
He told snack companies to stop misleading the American public and called on the companies to “stop charging the same price for smaller portions and products.”
In his speech on Tuesday, the president noted that it wasn’t just about cookies,
He noted that consumers are charged the same price for a bag of chips and receive “a lot less.”
The White House is trying to direct voters’ anger over the economy toward American businesses.
Polls show voters give Biden low marks for his handling of the economy.
Food products, in particular, were hit hard by inflation. And although inflation is slowly coming down, the cost of food remains high.
And Cookie Monster has joined in on the act.
On Monday, the beloved blue muppet wrote on this X account: ‘I hate contraction! My cookies are getting smaller,’ he said, adding a sad emoji.
The White House noticed.
“C is for scamming consumers,” the official White House account on X wrote, retweeting Cookie Monster’s post.
‘President Biden is calling on businesses to end the inflationary squeeze.’
‘I’ll tell you who noticed: Cookie Monster. He pointed out that his cookies are getting smaller, but they pay the same price. ‘I was stunned when I found out what happened,’ said President Joe Biden.
Inflationary contraction saves businesses money, but consumers are upset about it. Last year this meant fewer sheets of rolled toilet paper; less juice in a bottle; or in the case of Cookie Monster, smaller cookies.
Even White House Press Secretary Karine Jean-Pierre was asked about the cookie controversy.
“I can’t believe I’m having a conversation about Cookie Monster from the podium,” he said when asked by a reporter during the daily briefing.
But she argued that the White House was not using the beloved muppet. Cookie Monster was supporting the administration.
“If anything, it seems like Cookie Monster is responding to us and what we’ve been saying,” he said.